Vanguard (25th January, 2012) - WHY NIGCOMSAT BOARD ESCAPED FG DISSOLUTION
As the Federal Government carried out its ritual of dissolving its Boards and Parastatals every four years, it was surprising why the board of Nigerian Communications Satellite Limited NIGCOMSAT escaped the exercise.
However, Hi-Tech can reveal that it was not for any other reason other than the board was just newly inaugurated recently and has not served the stipulated four year term.
Information from the ministry of Communications Technology attested to the fact that “the NIGCOMSAT board was inaugurated in February 2011 and had not served for four years.”
President Goodluck Jonathan announced the dissolution of all federal government Boards and Parastatals on the 19th of October 2011 leaving that of NIGCOMSAT still running. Since then the action has fuelled rumors in the industry of either favoritism imbalance treatment.
