Mr EMP

Wednesday, October 28, 2015

Nigeria signs N197b deal for digital migration

THE march towards the 2017 date for Nigeria’s migration from analogue to digital switchover (DSO) got a boost yesterday, with the signing of a Memorandum of Understanding (MoU) between Media Concepts International (MCI) and a South Korean firm, KAON, for establishment of a plant in the country.

The development came as the Nigerian National Petroleum Corporation (NNPC) said about 278 bids have been submitted by indigenous and foreign firms seeking to secure contract for sale and purchase of the 26 Nigerian crude oil grades on offer.

Construction of the plant, which is to be sited in Lagos, will take off by December and run till next year, after which manufacturing activities will start.

The National Broadcasting Commission (NBC) in an earlier press conference in September had fixed April 2016 for the take off of the plant estimated to worth about N197 billion ($1 billion) and will focus on the production of Set Top Box (STB). READ MORE:-http://nairadesk.blogspot.com/2015/10/nigeria-signs-n197b-deal-for-digital.html

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