Nigeria Communications Satellite (NigComSat) Limited has received an order on a new Key Performance Index (KPI) capable of transforming the agency into an opportunity-driven entity and enable it to take more risks in the fast-growing Nigerian ICT sector.
The new order was handed NigComSat by the Minister of Communications and Digital Economy, Prof. Isa Pantami. Managing Director, NigComSat Ltd, Dr. Abimbola Alale, revealed this as she unveiled two new subsidiary companies created within the parastatal to stakeholders and channel partners, at the just-concluded Stakeholders’ Forum, with the theme, ‘NIGCOMSAT Ltd: The Present and The Future.’
Alale said based on the directives of the minister, NigComSat is strategically positioning itself for potential opportunities and risks, hence the creation of operational structures to facilitate its business aspirations.
“As we strive to achieve our vision to be the leading satellite communication solutions provider in Nigeria and Africa, NigComSat in 2020, obtained approval to form two subsidiary companies (SUBCOs). Firstly is the Satellite Infrastructure Company (SIC), which should provide satellite upstream services such as Transponder Leasing, and In-orbit-Testing (IOT) services, Carrier Spectrum Management (CSM) services’ etc. And secondly, the Satellite Broadband and Broadcasting Company (SBBC) set to provide satellite downstream services such as broadband internet services, Broadcasting (DTH) services, amongst others,” she explained.
The Stakeholders’ Forum that held in Lagos gave NIGCOMSAT an opportunity to take stock of its achievements in the preceding years. Also, channel partners and stakeholders in the telecoms industry reviewed NIGCOMSAT’s performance and operations.
Alale disclosed that NigComSat is a key player in the Nigeria National Broadband Plan (NNBP 2020-2025) as published by the Federal Ministry of Communications and Digital Economy and launched by President Muhammadu Buhari. She thus, highlighted the contributions of NIGCOMSAT Ltd as a national digital economy service infrastructure providing satellite communication solutions to an array of customers.
Speaking on the modest contributions of NigComSat Ltd in the past years, Chairman, Association of Licensed Telecom Operators of Nigeria (ALTON) Gbenga Adebayo, extolled the operations of the company and urged its debtors to endeavour to pay up within the stipulated time for services rendered.
“Satellite operations are key to telecommunications growth in the country, so NIGCOMSAT Ltd should be guided to succeed by all stakeholders,” said Adebayo.