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Nigeria's President Tinubu Approves Funds for Space Assets Maintenance and Development

SPACE ECONOMY

President Bola Ahmed Tinubu has directed the immediate release of funds for maintaining Nigeria's space assets as part of a commitment to the revised 25-year National Space Policy. This decision was made during the first National Space Council meeting, emphasizing Nigeria's active role in the growing global space economy.

The President instructed the Federal Ministry of Finance to ensure timely fund allocation and urged compliance with the regulatory framework under the NASDRA Act 2010. Additionally, a working group of space experts will refine the 25-year roadmap, and the Bola Ahmed Tinubu Space Centre will be developed to enhance satellite launching capabilities, reducing reliance on foreign expertise.

Nigeria's President Tinubu Approves Funds for Space Assets Maintenance and Development
Mar 4, 2026, 4:00 PM

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