The information was given by the General Manager, Satellite Applications, Nigerian Communications Satellite Limited,Mr. Abdulrahman Adelajah.
He announced that the Federal Government will purchase two new communication satellites at the cost of $701m.
Adding that following the succesful launch in 2011, of "NigComSat-1R, two additional satellites, NigComSat-2 and NigComSat-3, are required to provide backup services, expand operations and boost customer confidence.'
“The Federal Government has already commenced budgetary provision in this respect. In furtherance of the sustained commercial relations between the Federal Republic of Nigeria and the People’s Republic of China, the Ministry of Finance has been negotiating with the China EXIM Bank to provide a loan facility to support a series of Nigerian developmental projects, including the manufacture and launch of NigComSat-2 and 3 at a cost of $701m.”
Adding that “Both NigComSat-2 and NigComSat-3 satellites are designed to operate in a geostationary orbit and delivered to orbit locations of 19 degrees East and 22 degrees West, respectively for provision of C-Band, Ku-Band and Ka-Band payload capability for a minimum service life of 15 years.
“NigcomSat-2 is designed to cover Nigeria, Middle East, China and other Asian countries, whilst NigComSat-3 will cover Nigeria, and the South and North America. With the three satellites in orbit, it will be possible for the Nigerian telecommunications industry to dominate the African market within a period of five years after the launch of the satellites.”
The first satellite, NigComSat-1R, which was put in the orbit in December 2011.