How much does Nigeria spend on space science and technology?

Distribution of the total budget of Nigeria on Space (2009-2019)
Distribution of the total budget of Nigeria on Space (2009-2019)

We analyzed fiscal data contained in the annual budgets of the Federal Government of Nigeria between 2009 to 2019. Our research reveals that the Nigerian government spends a significant portion of its annual budget on space science and technology. The annual expenditure on space science and technology is represented through the budgetary allocations of multi-million…

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New Report: The African space economy is now worth USD 7 billion and is projected to grow at a 7.3% compound annual growth rate to exceed USD 10 billion by 2024. Read the executive summary of the African Space Industry Report - 2019 Edition to learn more about the industry. You can order the report online.