Nigerian president approves budget for space and Nigeria Air project

Nigerian President approves budget for space and Nigeria Air project
Nigerian President Muhammadu Buhari signing the 2019 Budget. Photo Source: Premium Times

Nigerian President Muhammadu Buhari signed an 8.9 trillion naira (USD 29 billion) budget for 2019 into law on Monday, 27 May. The National Assembly last month passed the appropriation bill at N8.9 trillion naira, increasing the budget by 80 billion naira, up from the N8.83 trillion submitted by Mr President in December last year. With…

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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.