The Nigerian federal authorities is presently hopping in its effort to save the nation a whopping $20 billion lost in capital flight yearly via patronizing international satellites.
This was disclosed by the director, Centre for Satellite Technology Development (CSTD), Dr Spencer Onuh, in a unique interview with one news outlet at the weekend.
With the establishment of the National Space Research and Development Agency (NASRDA) in 2001, Nigeria ventured into satellite space expertise.
According to a source checks revealed that the nation may have spent over N83 billion on the launch of 5 satellites since then.
Nigeria launched its first earth observation satellite, NigeriaSat-1, on September 27, 2003. The satellite launched by Kosmos-3M rocket from Russian Plesetsk spaceport cost the nation $30 million.
NigeriaSat-1 was adopted with a communication satellite, NigComSat-1, valued at $200 million, which was ordered and built in China in 2004. It was completed and launched on May, 13 2007.
NigeriaSat-2 and NigeriaSat-X are Nigeria’s third and fourth satellites built at a value of over £35 million. They have been launched into the orbit by Ukrainian Dnepr rocket from a Yasny army base in Russia on August, 17, 2011.
The nation launched its fifth satellite, the NigComSat-1R in 2011 for free of charge by the federal authorities when the NigComSat-1 failed in orbit after running out of energy as a consequence of a malfunction in its photo voltaic array.
The brand new Nigerian communications satellite was delivered within the fourth quarter of 2011 and subsequently launched into orbit by China in Xichang on December 19, 2011.
In all of this, the nation proceed to spend cash runing into billions which is in capital flight because the funds have been spent on overseas corporations.
Shedding light on the nation’s huge capital flight in satellite expertise to different developed international locations, Onu identified that the absence of a backup satellite was liable for the trend, saying one communication satellite tv for pc shouldn’t be sufficient for the nation.
He stated, “NigComSat 1R shouldn’t be sufficient for this nation; it’s not ample. A variety of overseas TVs, even our personal nationwide tv, are cautious to switch their companies totally to NigComSat 1R as a result of it is only one. What do you do when there’s a failure? The tv stations are arrange for companies, the cell phone corporations are for companies, they need their cash. If I’m making a name, it’s not my enterprise to know whether or not the satellite tv for pc is working or not. The service have to be given as a result of I paid for it”.
He additionally stated the federal authorities was taking steps to accumulate two further back up satellites at the price of $550million, Nigcomsat 2 and three, for the Nigcomsat 1R to reduce capital flight, create jobs, get extra companies within the ECOWAS sub area and enhance the nation’s Gross Domestic Product (GDP).
His phrases: “It isn’t a problem of redundancy, there’s a want for market growth. Nigeria is a large market and we’re utilizing different nation satellites due to the concern of failure of NigComSat 1R but when NigComSat 2 and three can be found, they turn out to be a backup for NigComSat 1R and in addition open up the market alternatives even to the ECOWAS sub-region for us. It’s a cash spinner. It isn’t going to gulp cash with out bringing out every other factor.
“It will generate an enormous income base in hard forex which the nation significantly want now. It is going to result in some measure of employment as effectively when that is finished. So, it’s a excellent proposal. Even personal corporations that personal satellites don’t have just one. A few of them have 5 to 6 satellites, however largely communication satellites which spin cash. The return on funding may be very quick however what occurs in most superior satellite tv for pc international locations is that this stuff are given out to personal sectors to handle; they don’t seem to be underneath authorities administration and you may see the outcomes”.
Onuh additional stated Nigerian engineers within the company have been buying extra scientific data as a result of they’re concerned within the strategy of placing the satellite tv for pc collectively, including that the nation would launch its partly indigenous satellite tv for pc on the third quarter of 2017.
“Now we have gone far. We are able to say it’s 100 per cent indigenous. It will be launched very quickly however it’s between NARSDA, Federal College of Technology (FUT) Akure and the College in Japan. The minister with some officers have been there about 4 weeks in the past.
It has been accomplished and it will be launched from the worldwide area station by hand. So, the group from Japanese Area Company will take it to the worldwide area station and launch it from there. It’s a quite simple satellite tv for pc that may seize photos”, he added.
In a latest survey by Philip Consulting, Nigeria spent near $1.three billion month-to-month on web companies.
The quantity might have been considerably saved if the NigComSat-1R companies are correctly deployed within the nation however through the years, the satellite companies have been uncared for even by the federal government who spent some huge cash to launch it.
The latest digital swap over of the Nationwide Broadcasting Fee (NBC) didn’t additionally benefit from the satellite