Nigerian President calls for more funding and private sector involvement in space program to boost economy.

Nigerian President Bola Tinubu has emphasized the need for increased funding and legislative support for the country's space program to secure Nigeria's position in the fourth industrial revolution. At a ceremony marking 25 years of Nigeria’s achievements in space, Tinubu called for integrating the private sector into the space program to boost national development. The federal government predicts that advancements in satellite technology could bolster the global space economy to $1.8 trillion by 2035, with Nigeria aiming to capture a significant share of this market.

November 25, 2024
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