Skip to content
July 13, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Tinubu approves N20bn take-off fund for NASRDA’s space regulation project
  • National News

Tinubu approves N20bn take-off fund for NASRDA’s space regulation project

Admin April 3, 2025
satellite

April 3, 2025

The National Space Research and Development Agency (NASRDA) is set to commence the implementation of its space regulation and licensing mandate with N20 billion take-off fund approved by President Bola Tinubu.

The Director-General of NASRDA, Dr Matthew Adepoju, said this on Thursday in an interview with the News Agency of Nigeria (NAN) in Abuja.

Adepoju said the regulatory function of the agency as encapsulated in NASDRA Act (2010) had remained unfulfilled since its establishment in 1999.

He spoke against the background of NASRDA stakeholders’ workshop on space regulation scheduled for April 8.

He said on assumption of office he raised a memo to President Bola Tinubu on the need to enforce the regulatory functions of NASDRA.

According to him, this is in line with the provisions of Section 6 and 9 of the laws establishing it, adding that Tinubu eventually approved the take-off fund.

“When I raised that memo stating that our space can no longer be unregulated, Mr President graciously approved the take-off fund of N20 billion few months ago.

“This is to enable us to commence the space regulation and spectrum management in Nigeria.

“Although times and lots of activities happen that have security implications but if we don’t take charge of our space sector, it will continue to be misused,’’ Adepoju said.

Adepoju said the agency was yet to access the N20 billion, adding that release of funds was always subject to its availability.

“Within the framework of what is possible for us to do now, we’ve set up the platform and we are commencing our regulatory and licensing functions,” he told NAN.

He explained that the space sector had three segments, the upstream, midstream and downstream.

“We have the upstream, which is deep space, the midstream, which is in between the space objects, such as satellites and the planet Earth.

“We have the downstream, which has to do with ground stations, activities and people who are utilising space products and services.

“In between these three sectors, there are activities that must be regulated otherwise Nigerians will be short-changed.

“People have to be licensed and issued guidelines, the spectrum within Nigeria has to be monitored and the agency has been granted this power since 2010 and this has lots of benefits,’’ he said.

Adepoju said the platform for the licensing was ready and open to both public and private sector operators in the space arena.

The licensing, he said, was available for people using and providing space products and services.

He emphasised the need for strict oversight of satellite image providers, geographic information system operators, satellite-based telecommunication and broadcasting services, among others.

He also said that if unregulated, geographical data intelligence could be exploited by non-state actors for illicit activities.

The Director-General further told NAN that the initiative would enhance national security, economic diversification and local content development.

He said it would also generate revenue from sub-sectors such as oil and gas, shipping and telecommunications relied on space products for their operations. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Dr Matthew Adepoju NASRDA

Post navigation

Previous World Bank backs Africa digital data push with $100 million Raxio deal
Next Retired DSP allegedly kills 3, commits suicide -Police

Related Stories

Troops Block Interstate Gun-Running Route, Intercept Weapons Shipment, Foils Trafficking Network in Kaduna Soldiers beat policemen
  • National News

Troops Block Interstate Gun-Running Route, Intercept Weapons Shipment, Foils Trafficking Network in Kaduna

July 13, 2026
Proposed hike in SSCE registration fee should be discarded, not just suspended : NAPTAN LASUBEB
  • National News

Proposed hike in SSCE registration fee should be discarded, not just suspended : NAPTAN

July 13, 2026
Xenophobia: Gov. Okpebholo Pledges N1m Each to Edo Returnees from South Africa
  • National News

Xenophobia: Gov. Okpebholo Pledges N1m Each to Edo Returnees from South Africa

July 13, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Troops Block Interstate Gun-Running Route, Intercept Weapons Shipment, Foils Trafficking Network in Kaduna Soldiers beat policemen
  • National News

Troops Block Interstate Gun-Running Route, Intercept Weapons Shipment, Foils Trafficking Network in Kaduna

July 13, 2026
POST CLEARANCE AUDIT: Why the World Bank technical assistance matters for Nigeria’s trade competitiveness, by Okey Ibeke
  • Business & Economy

POST CLEARANCE AUDIT: Why the World Bank technical assistance matters for Nigeria’s trade competitiveness, by Okey Ibeke

July 13, 2026
More trouble for ADC as Appeal Court bars INEC from recognising Mark-led ADC Congresses
  • Crime and Justice

More trouble for ADC as Appeal Court bars INEC from recognising Mark-led ADC Congresses

July 13, 2026
Proposed hike in SSCE registration fee should be discarded, not just suspended : NAPTAN LASUBEB
  • National News

Proposed hike in SSCE registration fee should be discarded, not just suspended : NAPTAN

July 13, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.