Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,561 members, 7,809,050 topics. Date: Thursday, 25 April 2024 at 09:51 PM

FG To Sell Nigerian Communications Satellite –BPE - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / FG To Sell Nigerian Communications Satellite –BPE (12320 Views)

Fg To Partner With Mmm.nig / FG To Ban Bet9ja,surebet,nairabet,merry Bet By January (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

FG To Sell Nigerian Communications Satellite –BPE by arcis: 7:17am On Feb 17, 2015
The Federal Government says it has decided to sell the Nigerian Communications Satellite Limited in order to inject the entrepreneurial spirit into the running of the company, the Director-General of the Bureau of Public Enterprises, Mr. Benjamin Dikki, has said.

Dikki said this when the Director-General of the National Space Research and Development Agency, Prof. Seidu Mohammed, paid him a courtesy visit, according to a statement made available to our correspondent by the Acting Head of Public Communications, BPE, Mr. Alex Okoh.

The BPE boss said it was necessary to inject entrepreneurial spirit into NigComSat in order to make the company commercially viable.

He explained that in privatising NigComSat, the security of the nation would not be compromised.

He added that the BPE would strategise and evaluate how much private sector participation would be required in the company to drive its growth.

Dikki stressed that the BPE would rely on informed guidance from key stakeholders to determine the model of privatisation to be recommended to the National Council on Privatisation for adoption in the privatisation of NigComSat.

He said that in executing the transaction, the Joint Project Delivery Team comprising the BPE, the Ministry of Communication Technology, NASRDA and other key stakeholders would be empanelled for the purpose.

According to him, Information and Communications Technology that encompasses satellite systems and telecommunications is critical to the growth of any nation.

Mohammed said the purpose of the visit was to apprise the BPE of the activities of his agency and to seek more clarification on the planned privatisation of NigComSat.

The NASRDA boss explained that there was a need for communication satellite for all Nigerians as it was vital not only for telecommunications but also for earth characterisation to support the agricultural sector of the country.

He lamented the poor funding of the science and technology sector of the country and called for more investment in the industry to boost the competitiveness of Nigeria.

http://www.punchng.com/business/business-economy/fg-to-sell-nigerian-communications-satellite-bpe/

2 Likes 2 Shares

Re: FG To Sell Nigerian Communications Satellite –BPE by Nobody: 7:18am On Feb 17, 2015
undecided for wot? hope they won't privatize us citizens someday

some of d people blaming GEJ govt will still vote secretly 4 him o #betrayers

10 Likes

Re: FG To Sell Nigerian Communications Satellite –BPE by babs01(m): 7:20am On Feb 17, 2015
They should just sell Nigeria to China, I luv chinese Language

48 Likes

Re: FG To Sell Nigerian Communications Satellite –BPE by OEPHIUS(m): 7:20am On Feb 17, 2015
Okay lets see the specifics of the satellite first.

cc Gorocianno
Re: FG To Sell Nigerian Communications Satellite –BPE by Nobody: 7:20am On Feb 17, 2015
Ha! Gej is madth

7 Likes

Re: FG To Sell Nigerian Communications Satellite –BPE by Nobody: 7:22am On Feb 17, 2015
chai!!! more reasons why GMB will send him to prison. GEJ haa sold everything.
Bad government is the worst thing that can happen to a country

20 Likes

Re: FG To Sell Nigerian Communications Satellite –BPE by arcis: 7:24am On Feb 17, 2015
They should just sell all Nigerians biko.....

3 Likes

Re: FG To Sell Nigerian Communications Satellite –BPE by skyprofm(m): 7:25am On Feb 17, 2015
If we continue with this govt by may29, I won't be surprised if our states are been sold one by one till d whole of Nigeria is sold out.

Say no to selling of Nigerian Properties
Embrace Change


GMB for now
But beware if GMB messes up, we vote him out
Let d masses vote count. Its our power. Its our future. Its our Country.
God bless Nigeria

49 Likes 4 Shares

Re: FG To Sell Nigerian Communications Satellite –BPE by tobechi20(m): 7:26am On Feb 17, 2015
Is the satelite working

1 Like

Re: FG To Sell Nigerian Communications Satellite –BPE by siraj1402(m): 7:35am On Feb 17, 2015
GEJ will soon sell off Nigeria.Apa ati arungun ni government wa.

15 Likes

Re: FG To Sell Nigerian Communications Satellite –BPE by DaBullIT(m): 7:41am On Feb 17, 2015
Ibo boys and business does Jonathan think satellite is oyel? That's what they want to achieve in 6 weeks? Sell everything before leaving?

11 Likes 1 Share

Re: FG To Sell Nigerian Communications Satellite –BPE by tolustx(m): 7:48am On Feb 17, 2015
Brb...
Re: FG To Sell Nigerian Communications Satellite –BPE by tdayof(m): 7:48am On Feb 17, 2015
Whenever they are ready to sell Nigeria let me know.


Rubbish.

11 Likes

Re: FG To Sell Nigerian Communications Satellite –BPE by Udmaster(m): 7:48am On Feb 17, 2015
Does it mean that Government can't rehabilitate instead of selling it off.

I don't like this privatisation going on in Nigeria. It can push the citizens into "Economic Colonization" by the private companies..
Btw what will they do with the money they generated from this selling? Will they give an account of it?
Maybe Abuja will be Privatised very soon.

5 Likes 1 Share

Re: FG To Sell Nigerian Communications Satellite –BPE by Nobody: 7:48am On Feb 17, 2015
ajibolabd:
Ha! Gej is madth
he is mad but still making money, do you know that he can buy your life

#fact undecided

1 Like 3 Shares

Re: FG To Sell Nigerian Communications Satellite –BPE by timilehing(m): 7:49am On Feb 17, 2015
Sell everything in your tenure, self Nigeria self plus join. May 29th is around the corner. I just hope we can still buy back our country by then. #clueless one

8 Likes 2 Shares

Re: FG To Sell Nigerian Communications Satellite –BPE by Nobody: 7:50am On Feb 17, 2015
Great move by Nigeria's best President ever. Privatisation of public companies is surely the way to go though certain toad-headed folks wont just get it.
Go ahead GEJ and... SELL IT! On OLX.. grin

7 Likes 1 Share

Re: FG To Sell Nigerian Communications Satellite –BPE by koboko69: 7:50am On Feb 17, 2015
Another mega scam for Jonathan and his allies on the loop grin
next thing we will hear is FG funding the so called buyers or giving grants to companies that bought Nigerian Communications Satellite just the way they did with PHCN. There will be no room for that, cos OTUOKE is calling!!!!

PHCN comes to mind grin since it was sold to allies of president Jonathan, power generation has dropped by 50%

8 Likes 2 Shares

Re: FG To Sell Nigerian Communications Satellite –BPE by joshuaidibia(m): 7:52am On Feb 17, 2015
Sorry,so we get satellite since? and we no fit use am find boko boys. Abeg sell am for Ariaria market.

1 Like

Re: FG To Sell Nigerian Communications Satellite –BPE by jaybee104(m): 7:52am On Feb 17, 2015
me trust federal gov, everything is for sale.. eg, NEPA, schools, refineries.. but as for this Sat,. no country will buy it. cos na Chinese product.

10 Likes

Re: FG To Sell Nigerian Communications Satellite –BPE by Nobody: 7:52am On Feb 17, 2015
Most of the people commenting here are mumu, think first, if govt still control it, it will be like all our Telecom and IT agencies govt couldn't handle.
Sell it to people who can run it, let it be put into extensive use.

3 Likes

Re: FG To Sell Nigerian Communications Satellite –BPE by Nobody: 7:52am On Feb 17, 2015
@ ajanlekoko sir please what are the implications of this sale to a buyer embarassed
Re: FG To Sell Nigerian Communications Satellite –BPE by stinggy(m): 7:53am On Feb 17, 2015
How is it so hard for a nation to maintain its facilities that she keeps privatizing everything? The government can't even handle anything on her own again sad Very soon they will privatize the Civil service.

And how won't this NSRDA privatization compromise our security? We shall see.
Re: FG To Sell Nigerian Communications Satellite –BPE by EagleScribes: 7:54am On Feb 17, 2015
Nigerians have been scammed! Can you recall the millions of dollars used to launch these satellites?

Can anyone recall a particular benefit of this white elephant project to the people of Nigeria? What about the costs of maintenance? I recalled media reporting that one of our satellites was missing too.

Lastly, when the aspect of science and technology is underfunded alongside education, how do we make progress? By selling?

From OBJ to GEJ, corruption and failure has no better definition

Okay o. Kontinu. God is watching us

2 Likes

Re: FG To Sell Nigerian Communications Satellite –BPE by Nobody: 7:54am On Feb 17, 2015
No money in the accounts.....no money in the accounts.

ALMS, ALMS , ALMS FOR THE POOR.....ALMS! smiley

Oil is a curse.

1 Like

Re: FG To Sell Nigerian Communications Satellite –BPE by LagosBoi2(m): 7:54am On Feb 17, 2015
You will just wake up one day to the news that Jonathan has sold Nigeria

#IHAVEDECIDED

3 Likes 1 Share

Re: FG To Sell Nigerian Communications Satellite –BPE by kenx1(m): 7:54am On Feb 17, 2015
How much revenue have we been able to generate from this satellite...abeg sell the moda4ka

2 Likes

Re: FG To Sell Nigerian Communications Satellite –BPE by olorunthobby(f): 7:55am On Feb 17, 2015
FG To Sell Nigerian Communications Satellite sHoro niyEn?? undecided

1 Like

(1) (2) (3) (Reply)

How Has Mobile Money Changed Your Way Of Transaction? / How #300 Changed My Life In A Week / Athene Network: How To Mine GEMS For ATH Tokens Free

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 25
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.