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Nigeria to explore space economy for socio economic development

Nigeria 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 – Uche Nnaji

By Princess-Ekwi Ajide, Abuja

The Minister of Innovation, Science and Technology, Chief Uche Nnaji, has said that Nigeria 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, made the statement when the local Organizing Committee on World Space Economy Conference led by Osi Imomoh paid him a courtesy visit in his office in Abuja.
According to the Minister, 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 to achieve the set objectives.

He 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 that 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 brain storm on space economy, practice and applications in Africa.

A statement by the Deputy Director, Press and Public Relations of the Ministry, Atuora Obed, said, that the Conference will provide an avenue for Innovators start-up and Inventors within and outside an opening for expanded African involvement and partnership in global space economy.

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