The Minister of Innovation, Science and Technology, Chief Uche Geoffrey Nnaji has said that the space technology sector if well harnessed is capable of  generate over 60 percent of the new economic value for the nation

Nnaji also said that the growth of space technology will transcend the aerospace sector, influencing industries such as supply chain logistics, agriculture, defense and digital communication in the country.

The Minister stated this on Monday at the 25th Anniversary of the National Space Research and Development Agency (NASRDA) in Abuja

He said that “the Anniversary is a celebration of vision, perseverance and Nigeria’s commitment to harnessing the limitless possibilities of space technology for national development”.

According to Nnaji, Space Technology is no longer an abstract pursuit of exploration, noting that “it has become a silence force underpinning our daily lives and the intricate web of satellite censors and space base infrastructure shaping the modern world to a greater transformation in the future”

He also said space offers transformative solutions to global challenges, ranging from monitoring climate change and managing natural resources to enhance disaster responses capabilities, worldwide.

Chief Nnaji commended the National Space Research and Development Agency (NASRDA), Defense Space Administration and the Nigerian Communication Satellite Limited for the planning and execution of the event, adding that their efforts underscore the spirit of collaboration that drives the nation’s achievement in the sector.