Friday, June 26, 2015

Nigeria signs deal for Synthetic-Aperture Satellite with UK firm

Synthetic-Aperture Satellite: FG signs N49.7 trillion deal with UK firm
FG, UK firm sign $250m satellite deal
Selected Interpretation Results: NIGERIA
Reports reveal that the Federal Government on Friday in Abuja signed a $250 million joint venture/partnership agreement with a United Kingdom-based company, Menasat Gulf Group Plc., to provide Synthetic-Aperture Radar satellites in the country.
Sources say when operational, the SAR satellite technology will be the first in Nigeria, while images generated from it will benefit, particularly, the oil and gas operators, farmers, ocean monitoring, tracking of oil pipelines and also assist the military.
According to Punch.ng the Director-General of the National Space Research and Development Agency, Dr. Seidu Mohammed, while signing the contract, said the SAR technology was necessary for Nigeria because of the challenges the agency have had in acquiring images in, mostly, the southern part of the country.
“We have always had this constraint that even though we are the national  repository for satellite images, we are not able to provide completely all the required images in this country. In the light of that, we have specially taken this opportunity to satisfy the Nigerian market,” he said.

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