FG To Acquire Two More Satellites At $550m- Minister

The Federal Government said at the weekend that negotiations have reached an advanced stage to procure two additional satellites for the Nigerian Communications Satellite Limited (NIGCOMSAT) at the cost of $550 million.

Minister of Communications Adebayo Shittu said the Federal Government’s team would secure funding for the satellites through a non-interest facility from a consortium of Chinese financial institutions.

He said the procurement of SAT2 and SAT3 was necessary, considering the fact that Nigeria was losing billions of dollars every year because it had only one satellite in the orbit.

He likened the situation to a car travelling from Abuja to Lagos without an extra tyre, describing the risk involved as enormous.

“Nigerian companies and government agencies are patronising foreign satellite firms as a result of this risk for the safety of their data and security of other services provided by them, thereby exporting jobs to other countries at the detriment of Nigerians,” the minister said.

The minister spoke while presenting a three-page communique issued at the end of a weeklong Fourth Regular Meeting of the National Council on Communications held at Arewa House, Kaduna.

He told reporters that the council recommended that “stakeholders, including state governments, should henceforth purchase satellite bandwidth requirements from NIGCOMSAT Ltd only”.

The minister said the council received a total of 76 memoranda, of which 65 were considered while it endorsed the Nigeria ICT Roadmap 2016-2019 as well as the National ICT Strategic Plan 2016-2024 for implementation.

Shittu added that the council recommended the adoption and implementation of the e-Governance Masterplan and the creation of states computer emergency response teams as measures to mitigate cyber security threats.

His words: “The council encouraged members from the states to adopt the implementation of the digital jobs initiative in their respective domains as a means of leveraging the opportunities for alternative income presented to Nigerian youths across the country.

“It recommends creation of innovative hubs and ICT centres to accelerate the diversification of the Nigerian economy.

“It encouraged federal, states and local governments to set up digital centres as a means of promoting ICT capacity-building and recommended digital literacy as a minimum requirement for employment and promotion in the public service and for implantation to be done in phases.”

The minister noted that other issues considered by the councils were that it advised government at all levels to digitise their records and adopt only Nigeria software in the process.

It further recommended that federal and state governments henceforth comply with the provision of the guidelines for Nigerian content in ICT.

He said states should establish their State Information Technology Development Agency (SITDA).

The minister added that the implementation of CCTV projects on security on highways should also be used for traffic management.

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Fed Govt to acquire two more satellites at $550m, says minister

Chinese Company Seeks To Acquire Ajaokuta Steel Company

A Chinese consortium, China Polaris Technologies Co., Ltd, is seeking to acquire the Ajaokuta Steel Company Limited (ASCL) to further boost Nigeria’s diversification drive.

During a courtesy visit to the Minister of State for Solid Minerals Development Hon. Abubakar Bawa Bwari in his office in Abuja, Chief Executive Officer of the company Mr. Zhang Wendong, said the mission of his team’s visit was to indicate the group’s interest in investing in Nigeria’s solid minerals sector.

While indicating the company’s interest to acquire ASCL, Wendong said they had discovered an iron ore site of high quality that can be explored to provide raw materials for the Ajaokuta Company and other steel processing companies in the country.

He said the consortium was a group of companies that were into mining, exploration, financing, provision of technologies, commodity exchange and minerals product beneficiation. He urged the Ministry to speed up the process of obtaining mining licenses and how to link up with licensed companies in the sector to foster partnership.

Read More: dailytrust

Alicia Keys & Swizz Beatz Acquire New Mansion, Discard Old Mansion For Insane Reason

Alicia Keys and hubby Swizz Beatz sold their massive estate for some bigger digs so they can display it all.

Real estate sources said that the 25,000 sq. ft. home wasn’t big enough for their enormous art collection that features pieces by Jean-Michel Basquiat, Andy Warhol, Ernie Barnes, Keith Haring and many other artists.

The Englewood, NJ home is filled with such a massive collection, Swizz calls it “Eight Acres of Showtime.”

0818-swizz-beatz-art-posing-INSTAGRAM-01The couple bought the house back in 2013 from Eddie Murphy. It’s pretty awesome … 25,000 square feet with 8 bedrooms, a movie theater, indoor pool, 2 lane bowling alley, recording studio and, of course, a gym. Listing price: $14.9 million.

As for their next move … they’ve figured out a way to get enough wall space … Alicia and Swizz are building from the ground up.

Credittmz

UN Sponsors 500 Boko Haram Victims To Acquire Vocational Skills

The UN said on Monday in Abuja that it has sponsored 500 victims of Boko Haram violence from three North East states of Adamawa, Borno and Yobe to acquire vocational skills.

Mr Matthew Alao, UN Conflict Prevention and Peace Building Analyst, told the News Agency of Nigeria (NAN) that the programme was under the UNDP Livelihood Support Scheme for the zone.

Alao explained that an orientation programme for the 500 selected beneficiaries would commence today, Aug. 17 at the Citizenship and Leadership Training Centre in Jos, Plateau.

According to him, the skills acquisition programme is the first phase of intervention by the UN to emeliorate the sufferings of the displaced persons.

Alao said that the skills training would cover hair dressing, tailoring, knitting, catering and decorations as well as GSM repair, shoe-making, leather works and computer studies.

According to him, the participants will also undertake specialised training on conflict resolution and peace building.

“A total of 500 beneficiaries who are victims of Boko Haram from three North East states of Adamawa, Borno and Yobe will be placed in a two-week compulsory orientation programme.

“They are going to undergo physical exercise, training, capacity building on mediation, conflict prevention, conflict transformation, social integration, peaceful coexistence for two weeks.

“We received over 2,000 applications and engaged in rigorous screening exercise out of which we selected the 500 that genuinely need this assistance.

“We took the successful 500 candidates for 2-weeks intensive course on mental and physical training.

“We are also going to train them on mediation and conflict transformation as well as business management; after that, we will put then on six-month to one-year training,’’ he said.

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