The Nigerian Minister of Innovation, Science and Technology, Mr. Uche Nnaji, has called on African governments, industry leaders, researchers, and development partners to collaborate in unlocking the continent's space economy potential.
Speaking at the 2nd Africa Space Economy Conference and Exhibition (ASEC) in Abuja, co-organized by the Abuja Chamber of Commerce and Industry (ACCI) and the National Space Research and Development Agency (NASRDA), the minister emphasized that collaboration is key to realizing the transformative power of space technologies across the continent.
> "By embracing space technologies, Africa can enhance weather forecasting, resource management, healthcare delivery, and digital connectivity—delivering real benefits to our communities," Mr. Nnaji stated.
"No single nation can unlock the full potential of the space economy alone. We must invest in talent, foster innovation, and adopt bold policies."
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He urged African nations to strengthen public-private partnerships, international alliances, and regional cooperation to share knowledge, develop infrastructure, and build collective capacity.
Nigeria's Space Economy Could Contribute $1 Billion Annually
In his address, Dr. Emeka Obegolu, President of ACCI, projected that Nigeria's space economy could add at least $1 billion to the national GDP annually by the late 2020s, with private sector contributions estimated between $700–$800 million.
Dr. Obegolu noted that the broader Nigerian economy could benefit up to $15–$25 billion annually from space-based solutions across critical sectors including agriculture, telecommunications, logistics, urban planning, and data services.
> "These are not distant dreams—they are within reach if we continue to mobilize strategic partnerships and create an environment that nurtures innovation," he said, encouraging the Nigerian business community to seize opportunities in the emerging space sector.
NASRDA Pushes for Local Innovation and Sovereignty
Dr. Matthew Adepoju, Director General of NASRDA, emphasized the need for Africa to transition from a consumer of foreign space technology to a producer and exporter.
> "Through NASRDA and its affiliates, Nigeria is committed to fostering innovation, building human capital, and expanding local content in the space ecosystem," he said.
He stressed the importance of deepening cooperation across government, research, private enterprise, and international partners to ensure Africa becomes a key stakeholder in shaping the future of space.
