NIGCOMSAT to Earn N1.8billion from Belarus’ Satellite Deal

The Nigerian Communications Satellite Limited, NIGCOMSAT, will get N1.8billion for managing the Belarus’ satellite, Managing Director Abimbola Alale has said.

NGCOMSAT, in 2015 won a very competitive bid to manage satellite for Belarus republic for 15 years but the agency then kept silent on the cost implication of the deal to Nigeria.

Fielding questions from newsmen  in Abuja on Tuesday, November 23, Alale said Nigeria would get $400,000, annually, for 15 years for the management of the satellite.

NIGCOMSAT would provide a 15-year In-Orbit Test (IOT) and Carrier Spectrum Monitoring (CSM) Services for the Belarus’ satellite.

Apart from N1.8 bn, the Belintersat-1 satellite management deal will also provide hundreds of jobs for Nigerian engineers, Alale, who was speaking at the unveiling of the new ICT road map at Radio House in Abuja, said.

Belintersat-1 had already been launched on January 16 in China by China Great Wall Industries Corporation (CGWIC).

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