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NASRDA asks Dangote, Elumelu, others to invest in space

The National Space Research and Development Agency (NASRDA) has urged business moguls like Aliko Dangote and Tony Elumelu, among others, to invest in the country’s space science and technology sector.

In an interview on Monday, Felix Alle, the agency’s spokesperson, said Public Private Partnership (PPP) would boost space development.

“We want the likes of Aliko Dangote, Elumelu and big businesses and entrepreneurs to show interest in the area of the space sector,” Mr Alle said.

He stressed that the current leadership of the space agency under Halilu Shaba was driven towards private sector participation that will ensure Nigerians benefit from space science and technology.

The official pointed to global entrepreneurs like Elon Musk and Richard Branson investing in the space economy because growth opportunities abound.

He revealed that the plan to broaden PPP in the space sector spurred the agency to prepare for a conference and exhibition on the space economy, expected to hold early in 2023.

Mr Alle added, “We believe that when we have this PPP, the impact of space technology will be adequately felt by the larger society.”

He urged entrepreneurs to see the sector as a strategic area of investment and national development.

“They can embark on so many projects, establish companies and boost their financial strength as well as create job opportunities for our youths,” he said.

He also mentioned that the agency was expanding its local and international partnerships.

(NAN)

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