Uche Nnaji

Nigeria to explore space economy for socio-economic development — Minister

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Minister of Innovation, Science and Technology, Chief Uche Geoffrey Nnaji has disclosed that the Ministry will embark on rapid discoveries in the area of Space Economy through one of its Agencies, National Space Research and Development Agency (NASRDA) for socio-economic development of Nigeria.

The Minister stated this when the local Organizing Committee on World Space Economy Conference led by Osi Imomoh paid him a courtesy visit recently in Abuja.

Nnaji further said that the Ministry will work in synergy with World Bank, European Space Agency, Federal Ministry of Communication and Digital Economy, United Nations (Office for Outer Space Affairs) and African Development Bank in order to achieve the set objectives.

The Honourable Minister assured the Committee that the Ministry will work assiduously with it in order to achieve greater heights as well as ensure a successful conference, slated for 16th-20th October, 2023.

Earlier, the chairman of the Committee, chief Osi Imomoh said that the conference is for the execution of innovations which will attract inventors and innovators to the country thereby making Nigeria a tourist hub.

He noted that the objective of the conference is for Scientists in the sectors that are critically reliant on space-based services and inventors to brainstorm space Economy practices and applications in Africa.

He further said that the Conference will provide an avenue for Innovators start-ups and Inventors within and outside an opening for expanded African involvement and partnership in global space economy.

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