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President Bola Tinubu has directed the immediate release of approved funds for the maintenance of Nigeria’s space assets in line with the National Space Policy and Programme.
The directive was given on Tuesday during the first meeting of the National Space Council held at the Presidential Villa, Abuja.
Tinubu was represented by Vice President Kashim Shettima, according to a statement by Stanley Nkwocha.
“I hereby approved that cost of the implementation of the approved revised 25-year roadmap for the implementation of the national space policy be forwarded to the Federal Executive Council for consideration and approval,” Tinubu was quoted as saying.
He stated that Nigeria must take an active role in the global space sector and added that the country’s space programme must deliver practical benefits.
“Nigeria will not watch the new frontier unfold from the sidelines. We will participate, we will compete, we will contribute. Our space ambitions must be anchored in outcomes, accountability and national value.
“We must build a programme that serves the farmer in the field, the teacher in the classroom, the entrepreneur in the market, the soldier on duty, the researcher in the laboratory and the policymaker who must plan with evidence rather than guess work. This is how a nation turns attitude into advantage.”
Tinubu noted that the global space economy is projected to exceed $1 trillion by 2040 and said investment in space technology would support agriculture, border security, disaster management, communications and the digital economy.
“Space technology remains the foundation for cybersecurity and a vibrant digital economy,” he stated.
“The space economy is rapidly growing and it’s expected to exceed 1 trillion dollars by 2040. When we invest in space, we are not funding a distant dream.
“We are funding precision in agriculture and security in our borders; we are funding early warning systems against floods and fires, smarter cities, safer skies, stronger communications and a digital economy that can compete with the best in the world. We are funding the confidence of a nation that refuses to be trapped by the limits of yesterday.”
He also directed the National Space Research and Development Agency (NASRDA) to enforce space regulations and spectrum management in accordance with the NASRDA Act 2010.
“I also direct all MDAs, stakeholders and the private sector to comply with the space regulatory framework. This directive also includes timely release of all approved funds for this purpose by the Federal Ministry of Finance,” he stated.
STATE HOUSE PRESS RELEASE
AT FIRST NATIONAL SPACE COUNCIL MEETING:
President Tinubu Directs Immediate Release Of Funds For Space Assets Maintenance
Insists Nigeria’s space ambitions must be anchored in outcomes, accountability, national value
Says the nation must build a… pic.twitter.com/VyV3LQB2qE
— Stanley Nkwocha (@stanleynkwocha_) March 3, 2026
