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Labour warns Nigerian govt over plans to sell satellite company

Workers in federal corporations have warned the Nigerian Government over alleged plans to sell Nigeria Communication Satellite Company.

In a letter to President Muhammadu Buhari on Sunday, the Senior Staff Association of Government-Owned Companies expressed their worry over alleged plans to sell the company to private individuals.

The union, an affiliate of the Trade Union Congress (TUC), lamented that the process leading up to sell of the organisation has already been initiated by the Bureau of Public Enterprise.

The President General of the association, Comrade Mohammed Yunusa, and it’s General Secretary, Comrade Ayo Olorunfemi, in the letter, reminded President Buhari, that “The organization was created due to the need for critical national infrastructure for secure communication; to bridge the digital divide and for digital/financial inclusion for the large rural Nigeria”.

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The letter further reads in part; “Your Excellency, at the point of writing this letter Galaxy Backbone has been using foreign satellite in providing internet services to the Nigerian Government, thereby encouraging direct capital flight.

“It is inexplicable that a government that launched a satellite on loan from the Chinese government will abandon it for a foreign one. “This is unacceptable. We therefore hold that NIGCOMSAT should be strengthened to correct this aberration.”

The union stressed that selling NIGCOMSAT to a private company will have security implications that could worsen the current bad situation and portray the current administration as dispossessing the country of its critical national assets.

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

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