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Home Companies

ACCI, NASRDA urge private sector to explore business side of space

by Admin
January 21, 2026
in Companies
  • Advocate partnership to explore FDI

 

Al-Mujtaba Abubakar, president, Abuja Chamber of Commerce and Industry (ACCI), and Halilu Shaba, director-general, Nigeria Space Research and Development Agency (NASRDA), have advocated collaboration with the private sector to sensitise businesses and explore areas of opportunities in space.

ACCI, NASRDA urge private sector to explore business side of space
Both parties made this call during an interactive session at the ACCI office in Abuja.

Noting that there is a great deal of opportunity in the space agency, the ACCI president canvassed for a robust

relationship between the space agency and the organised

private sector.

“We are aware that the space economy is huge with a lot of opportunities. The value chain is equally wide. This is the space age. The private sector is the emerging platform as we are witnessing in developed parts of the world. So

the chamber movement and the space agency must collaborate to sensitise businesses and explore areas of partnership,” Abubakar said.

Similarly, Shaba, the director-general NASRDA, while presenting on the space agency, said there is still a huge business side of space that has not been explored enough by the Nigerian private sector, hence he called for local partnership that will further generate foreign direct investment.

“NASRDA has developed several business packages which will be shared with the business community,” Shaba said, and described the proposed partnership with the ACCI as a game-changer.

Lauding the effort of the NASRDA boss, Aliyu Idi Hong, vice president, intergovernmental and external relations, agreed that working with private sectors is a commendable vision because there is an economic part to

every sector.

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