Nigeria Agrees to U.S.$550 Million Satellite Deal with China
China has agreed to pay the U.S.$550 million to procure two new satellites for the Nigerian Communications Satellite Limited.
This Day, 4 January 2018
The Minister of Communications, Mr. Adebayo Shittu, wednesday in Abuja disclosed that Nigeria had secured the commitment of China for the provision of $550 million towards the… Read more »
Satellite used to illustrate the story.
Premium Times, 4 January 2018
The Minister of Communication, Adebayo Shittu, on Wednesday updated President Muhammadu Buhari on the approved procurement of two new satellites from China at the cost of $550… Read more »
Daily Trust, 4 January 2018
The Chinese Exim Bank has agreed to pay the $550 million Nigeria needs to procure two new satellites, Communications Minister Adebayo Shittu said on Wednesday. Read more »
Nigeria: China to Pay $550m for 2 Nigcomsat
Vanguard, 4 January 2018
Two Chinese firms that are into satellite manufacturing, China EXIM Bank and China Great Walls, have agreed with the Federal Government to procure two satellites. Read more »