The House of Representatives has urged the Federal Government to swiftly renew Nigeria‘s two orbital slots to prevent a significant financial loss. On Tuesday, the lawmakers emphasized the importance of renewing these slots to avoid a potential loss of $400 million.
The call was made as part of the House’s efforts to ensure that Nigeria does not miss out on critical opportunities in the space and telecommunications sector. The orbital slots are essential for Nigeria’s satellite communications and other space-related activities.
The lawmakers are concerned that if these slots are not renewed, it could lead to severe economic and technological repercussions for the country. They are pushing for immediate action from the Federal Government to address this issue and protect Nigeria’s interests in the global space community.
