• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Monday, July 14, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home News

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

Nathaniel Irobi by Nathaniel Irobi
April 3, 2025
in News
0
Tinubu approves N20bn take-off fund for NASRDA’s project
0
SHARES
0
VIEWS
FacebookTwitterWhatsappEmailTelegram

RelatedPosts

‘He Protected Workers, Ordinary People ‘ – NLC Mourns Buhari

IPAC: Buhari’s ‘Never-Quit’ Spirit Strengthened Nigeria’s Democracy

Katsina Extends Work-Free Day For Buhari’s Burial

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.

ALSO READ:  Renovated Tinubu Conference Centre Fully Booked Till 2027, Says Wike

“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)

ALSO READ:  Kaduna To Overcome Salary Challenges Soon - Revenue Boss
Nathaniel Irobi

Nathaniel Irobi

Related Posts

‘He Protected Workers, Ordinary People ‘ – NLC Mourns Buhari

‘He Protected Workers, Ordinary People ‘ – NLC Mourns Buhari

by Ojimaojo Abubakar
July 14, 2025
0

The Nigeria Labour Congress (NLC) says Late President Muhammadu Buhari was a patriotic servant leader who stood with the people...

IPAC: Buhari’s ‘Never-Quit’ Spirit Strengthened Nigeria’s Democracy

IPAC: Buhari’s ‘Never-Quit’ Spirit Strengthened Nigeria’s Democracy

by Ojimaojo Abubakar
July 14, 2025
0

The Inter-Party Advisory Council (IPAC) has expressed deep sorrow over the death of former President Muhammadu Buhari, who passed away...

Katsina Extends Work-Free Day For Buhari’s Burial

Katsina Extends Work-Free Day For Buhari’s Burial

by Ojimaojo Abubakar
July 14, 2025
0

The Secretary to the State Government, (SSG), Alhaji Abdullahi Garba-Faskari announced this in Katsina on Monday, in a statement signed...

Recommended

BREAKING:Former President Buhari Dies In London

BREAKING:Former President Buhari Dies In London

1 day ago
ADC Has No Preferred Presidential Aspirant, States Mark

ADC Has No Preferred Presidential Aspirant, States Mark

6 days ago

Popular News

  • CDS’s Wife, Shehu Sani, Katung, Other’s To Storm Pastor Mutum’s Ordination, Book Launch

    CDS’s Wife, Shehu Sani, Katung, Other’s To Storm Pastor Mutum’s Ordination, Book Launch

    0 shares
    Share 0 Tweet 0
  • Bwari Council Chairmanship Aspirant, Dara, Dumps Labour Party Over Suspected Foul Play In Primaries

    0 shares
    Share 0 Tweet 0
  • Innoson, Ibeto, Apostle Alozie To Honour Archbishop Emma David At Golden Jubilee Celebration

    0 shares
    Share 0 Tweet 0
  • Kaduna Baptist Church Donates N50,000 Each To 12 Muslims, 4 Retired Pastors

    0 shares
    Share 0 Tweet 0
  • Bannon Tried to Use Iran Strike to Split the GOP Says Former Counselor to Jared Kushner, Eliyahu Okkon, Esq.

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (741)
  • Education (217)
  • Entertainment (310)
  • Health (193)
  • National (2,187)
  • News (8,179)
  • Opinion (300)
  • Politics (1,626)
  • Science (15)
  • Security (405)
  • Sports (438)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform