The Director-General of Nigeria Communication Satellite Limited (NigComSat), Jane Idehen, says that the organisation is projecting an average annual revenue of three billion dollars as it expands its scope of operations.
Ms. Jane disclosed this in Abuja at the July edition of DevsInGovernment MDA workshop series organised by the Ministry of Communications, Innovation and Digital Economy, with a focus on NigComSat.
The programme supported by Galaxy Backbone and World Bank was tagged: “Driving Operational Excellence through Technology at NigComSat.”
DevsInGovernment is a community that aims to create a group of technologists and tech enthusiasts within the civil service who are actively contributing to digital transformation across all government agencies.
The DG said that for NigComSat to grow, it had to explore new ideas and increase product life, which can lead to significant revenue increases.
“Currently we are projecting to average about three billion dollars in revenue year.
“If we can think about ideas, we can do more than that because if you can increase your product life, you can provide more solutions to problems,” she said.
She said that there were other revenue streams beyond broadcasting, which could double or triple the existing broadcasting revenues.
According to her, creating awareness about the programme’s services and solutions was crucial for its success.
The Executive Director of Technical Services at NigComSat, Abiodun Attah, said the agency was charting a new course in its operations with a view to increasing its revenue earnings and serving the country better.
Attah said that one of the things the agency had done with the Mobile Network Operators (MNOs) was to carry 2G, 3G, and 4G traffic in rural areas where there was no connectivity.
“In the past, NigComSat was shying away from going into enterprises; it was shying away from doing business outside the government sector.
“Now we have gone beyond that,” he added.