Tag: NigComsat
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NigComsat: Rep. committee probes alleged N180.9m insurance breach
The House of Representatives Committee on Insurance and Actuarial on Tuesday, began investigations into the N180.9 million insurance premium allegedly paid for the failed Satellite 1 project launched in 2011. The committee is also investigating the Satellite 1-R project for which Nigeria obtained $500 million loan from China. The Chairman of the Committee, Rep Darlington…