Nigeria To Launch 2nd Satellite In Orbit — Pantami - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
January 18, 2022
The Minister of Communications and Digital Economy, Isa Ali Pantami, who said this at a one-day working visit and interactions with staff of Nigerian satellite Communications, Abuja, said he had secured the approval of President Mohammadu Buhari for purchasing of the satellite.
He also said he had gone further to lobby the Minister of Finance, Budget and National Planning, Zainab Ahmed, to ensure this was included in the 2022 Budget.
Though the Minister refused to disclose the amount approved and how many satellites would be purchased, it was gathered that the federal government earmarked the sum of 2.5 billion naira for Satellite 2 project in the 2022 budget estimate.
The existing Sat1R, which was launched in 2011 with a life span of 15 years, will expire in the next four years.
It will be recall that the federal government had in 2017, announced plans to raise 550 million dollars for the construction of two new communications satellites for Nigeria, which the Chinese Export and Import Bank accepted to provide.