Nigeria and China Agree to U.S.$550 Million Satellite Deal

Nigeria and China Agree to U.S.$550 Million Satellite Deal

An artist’s conception of Nigeria’s Nigcomsat’s Nigcomsat-1. Image courtesy of Nigcomsat. The Nigerian government has concluded negotiations with the Chinese government’s ExIm Bank and the China Great Wall Industries Corporation for two communications satellites thought to be worth U.S.$550 million . The Nigerian minister for communications, Adebayo Shittu, told journalists in Abuja, the Nigerian capital,...

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