FG pushes for private participation to improve Nigeria’s space economy

The National Space Research and Development Agency (NASRDA) in Nigeria is actively seeking private sector partnerships to bolster the country's burgeoning space economy and enhance its standing in the global space industry. During a recent meeting with a delegation from STUPH CHAIN LLC, NASRDA's Director General and Chief Executive, Prof. Matthew Adepoju, emphasized the importance of strategic engagement with private entities to advance Nigeria's space ambitions.

STUPH CHAIN LLC's CEO, Ogegbo Babajide, expressed the company's intent to explore collaboration opportunities with NASRDA to support its activities and programmes. This aligns with NASRDA's ongoing strategy of partnering with private companies, as seen in a previous collaboration with Proforce Ltd. to develop several satellites, aimed at advancing satellite technology development and capacity building.

Additionally, NASRDA has signed memoranda of understanding with international entities, such as China's Galaxy Space, to facilitate technology transfer and training for Nigerian engineers, further underscoring the agency's commitment to expanding its space capabilities through private sector involvement.

Brief written by urgent.news from Nairametrics's own syndicated text. Machine-written — may contain errors; check the original before relying on it.