The Director-General of Nigeria Communication Satellite Limited (NigComSat), Jane Egerton-Idehen, says the organisation is projecting an average annual revenue of three billion dollars.
Egerton-Idehen said this on Thursday in Abuja at the July edition of DevsInGovernment MDA workshop series organised by the Ministry of Communications, Innovation and Digital Economy with 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 at creating a group of technologists and tech enthusiasts within the civil service who are actively contributing to digital transformation across all government agencies.
The D-G said for NigComSat to grow it had to explore new ideas and increase product life that can lead to significant revenue increases.
“Currently we are projecting to average about three billion dollars in revenue a 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 also 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.
Earlier, the Executive Director, Technical Services, NigComSat, Abiodun Attah, said the agency was charting a new course in its operations with a view to increasing its revenue earnings and serve the country better.
Attah said one of what 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 businesses outside the government sector.
“Now we have gone beyond that,” he said.
