No Going Back On Nigcomsat Sale says Nigeria’s Federal Government


There is no going back on the sale of the country's only communication satellite Nigcomsat, the Minister of State for Information and Communication, Alhaji Dasuki Nakande has said.

The minister who was reacting to calls for a rethink of the decision of the federal government to privatise the facility over the weekend said though the present government is a listening one, it has not seen any reason to revert its earlier position on the privatisation of the communication satellite.

While acknowledging receiving contrary opinions on privatising the utility, the minister stressed that government has taken a decision to privatise Nigcomsat and that as far as he is concerned, that position has not changed.

"Government has taken a position that it will privatise Nigcomsat and I think that position has not changed, but as you know, we have a president who listens, so if there is a new information we would let you know.

"I have read the editorial calling for a rethink, we are open to suggestions and we would look at it and see how best to do it," he stated.

According to him, the privatisation is an entrenched policy of the reform programme of the present administration, stressing that the government believes that it should continue to divest from owning and running public utilities in the country so that the private sector could drive the economy of the country.

"We believe that government should continue to divest from public owned companies so that the private sector can take the initiative and the drive to push them forward," he said.

Daily Trust