The Federal Government has told Nigeria Communications Satellite (NIGCOMSAT) Ltd to restructure and reposition to become self-proficient for enhanced service delivery.
The board chairman of NIGCOMSAT, Dr. George Moghalu delivered the charge at a three-day board and management retreat with the theme ‘Resetting NIGCOMSAT for excellent performance’ in Abuja.
He challenged the management and staff of the company to brace up to the challenge of funding the company, saying government’s funding would not be available and NIGCOMSAT would have to survive on its own.
Moghalu said the primary aim of the retreat was to ask questions on why NIGCOMSAT had remained where it was and to also determine factors that had mitigated against the growth and profitability of the company, even as he urged the retreat attendees to engage a clear agenda with focus on comprehensive reform of structure, operations and culture of NIGCOMSAT, set a defined objectives to be supported by key performance indices as well as institute a process for monitoring review.
The Secretary to the Government of the Federation, Boss Mustapha, in his remarks, said the synergy between the board and management and staff of NIGCOMSAT Ltd was highly commendable, pointing out that the retreat would provide a rare opportunity for colleagues to get to know each other and look with new eyes on the opportunity and challenges ahead for NIGCOMSAT Ltd, the satellite industry and Nigeria more broadly.
Mustapha who was represented by the permanent secretary, general services, Mr Segun Adekunle, said the opportunity available was ideal for the ICT sector to drive a knowledge-based economy and that NIGCOMSAT Ltd was central to it, reiterating that satellite bandwidth is the new currency in e-governance, e-commerce, e-education, e-health and others.
NIGCOMSAT’s managing director, Abimbola Alale, in her welcome address , described the retreat as an opportunity to gather and brainstorm for the growth of NIGCOMSAT Ltd to enable for a better repositioning, restructuring and enhanced service delivery.
The Minister of Communications, Barr. Adebayo Shittu, who declared the retreat open said it was an opportunity for frank discussion and cross fertilisation of ideas with ultimate goals to make NIGCOMSAT Ltd stand on solid ground to deliver on its mandate. He was represented by Wole Kolawole.