EXCLUSIVE: China Threatens To Shut Down Nigerian Communications Satellite Over $11.44m Debt

JUST IN: China To Shut Down Nigeria’s Communications Satellite Over Unpaid $11.4m Debt

The Genius Media JUST IN: China To Shut Down Nigeria’s Communications Satellite Over Unpaid $11.4m Debt The Genius Media JUST IN: China To Shut Down Nigeria’s Communications Satellite Over Unpaid $11.4m Debt JUST IN: China To Shut Down Nigeria’s Communications Satellite Over Unpaid $11.4m Debt   Nigeria’s telecommunications and broadcasting infrastructure is facing a major crisis as the China Great Wall Industry Corporation (CGWIC) issued a 30-d…

EXCLUSIVE: China Threatens To Shut Down Nigerian Communications Satellite Over $11.44m Debt

The China Great Wall Industry Corporation has threatened to shut down the Nigerian Communications Satellite from the orbit over failure by the Nigerian operator to pay it a debt of $11.44m accumulated in the last seven years. In a letter, sighted by our correspondent, written to the Managing Director of the Nigerian Communications Satellite Limited and copied to the President of the Federal Republic of Nigeria, the Chinese company which construc…