Nigeria’s Space Budget Increases By A 54% Margin For The Financial Year 2021

Nigeria's President and Chairman of the National Space Council, HE Muhammadu Buhari

Nigeria’s President Muhammadu Buhari has approved the 2021 national budget. The budget approved on New Year’s Eve, is 20% higher than 2020, at a record ₦13.6 Trillion (USD35.66 Billion). The budget assumes oil prices of USD40 a barrel, 1.86 million barrels a day of crude production, and a 3% annual economic growth rate. In the...

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