Close Menu
Fishe News
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Fishe Travel
    • Fishe Media
    • Fishe TV
Facebook X (Twitter) Instagram
Trending
  • Tinubu Inaugurates A Task Force To Formulate Fresh Reforms In Nigeria’s Petroleum Industry
  • NDPC Cautions Content Creators Against Violating Citizens’ Privacy
  • “Comprehensive List Of 114 Nigerian Universities Authorised To Offer Law Programmes”
  • Zimbabwe President Hosts Rugby Africa Chief To Boost World Cup 2027 Plans
  • Chevron Appoints Emmanuelle Garinet, To Lead Exploration In Sub-Saharan Africa And The Americas
  • Tinubu Polytechnic, Epe University Receive ₦4bn Take-Off Grants From FG
  • FCCPC Reports Nigerians Are Most Exploited By Telecom And Energy Providers
  • “Petrol Price Hits ₦1,175 Per Litre As Dangote Responds To Crude Oil Surge Again”
X (Twitter) Instagram
Fishe NewsFishe News
Subscribe
Saturday, March 14
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Fishe Travel
    • Fishe Media
    • Fishe TV
Fishe News
Home»Technology

NASRDA Halts Nigeria’s Satellite Launch Plan Due To Funding Challenges

Omolemi EboisetaleBy Omolemi EboisetaleMarch 14, 2024Updated:March 16, 2024 Technology No Comments2 Mins Read
Share Facebook Twitter LinkedIn Email WhatsApp

The National Space Research and Development Agency (NASRDA), has announced the postponement of its plan to launch a satellite from the country.

During the NASRDA Day presentation at the 8th Science, Technology, and Innovation (STI) Expo, Dr. Halilu Shaba, the Director-General of NASRDA, disclosed that the agency’s 2025 satellite launch plan has been put on hold due to insufficient funding.

Dr. Shaba stated the ambitious nature of the plan and the financial challenges that prevent its execution at the moment. He mentioned that NASRDA lacks the financial resources to pursue other grand objectives, such as sending an astronaut into space, due to the exorbitant costs associated with such endeavors.

The Director-General explained that the process of planning and securing a launch slot for an astronaut typically takes around five years. Stating  the impracticality of initiating astronaut training without a confirmed launch slot, as the individual might age and become unfit for space travel by the time an opportunity arises.





These developments come as a setback to NASRDA’s 25-year plan, which aimed to launch a domestically produced satellite and send a Nigerian astronaut into space by 2025. Previously, in October 2023, Dr. Shaba projected a promising future for Nigeria’s space industry, estimating its potential value to reach up to $1 billion.

He envisioned significant economic benefits, with Nigeria potentially generating as much as $20 million from launching a single satellite, provided the country establishes its Assembly, Integration, and Testing Laboratory (AITL).

#NASRDA Nigeria's Satellite Launch
Share. Facebook Twitter LinkedIn WhatsApp
Omolemi Eboisetale
  • Website

Keep Reading

Tinubu Inaugurates A Task Force To Formulate Fresh Reforms In Nigeria’s Petroleum Industry

NDPC Cautions Content Creators Against Violating Citizens’ Privacy

“Comprehensive List Of 114 Nigerian Universities Authorised To Offer Law Programmes”

Tinubu Polytechnic, Epe University Receive ₦4bn Take-Off Grants From FG

FCCPC Reports Nigerians Are Most Exploited By Telecom And Energy Providers

“Petrol Price Hits ₦1,175 Per Litre As Dangote Responds To Crude Oil Surge Again”

Add A Comment

Comments are closed.

Here is spotlighting many benefits of journeying with either Lagos State’s Blueline or Redline rails for a hassle-free day, week, month and year. Thank God for the Igbega Eko. Together we rise.
https://youtu.be/V67GV8wgyjw

Latest Posts

  • Tinubu Inaugurates A Task Force To Formulate Fresh Reforms In Nigeria’s Petroleum Industry
  • NDPC Cautions Content Creators Against Violating Citizens’ Privacy
  • “Comprehensive List Of 114 Nigerian Universities Authorised To Offer Law Programmes”
  • Zimbabwe President Hosts Rugby Africa Chief To Boost World Cup 2027 Plans
  • Chevron Appoints Emmanuelle Garinet, To Lead Exploration In Sub-Saharan Africa And The Americas
Featured
About Fishe

FISHE was founded with the goal of helping clients thrive in today’s highly competitive marketing environment. While other companies rush to abandon traditional marketing in favour of digital techniques, we’ve bolstered our offline marketing capabilities while also equipping our team with seasoned professional knowledge to support our clients’ digital needs.

Through creative designs, we enhance our clients’ products and services the right way that would attract their target audience, thus, making the perception of their company a reality.

  • LTV 8, Agidingbi Road, Alausa, Ikeja, Lagos.
  • +234 806 003 7277
  • info@gofishe.com
FISHE, Your Best Plug For Bus Stop Shelter Ad

LATEST POSTS

Tinubu Inaugurates A Task Force To Formulate Fresh Reforms In Nigeria’s Petroleum Industry

March 14, 2026

NDPC Cautions Content Creators Against Violating Citizens’ Privacy

March 14, 2026

“Comprehensive List Of 114 Nigerian Universities Authorised To Offer Law Programmes”

March 14, 2026

Zimbabwe President Hosts Rugby Africa Chief To Boost World Cup 2027 Plans

March 14, 2026

Chevron Appoints Emmanuelle Garinet, To Lead Exploration In Sub-Saharan Africa And The Americas

March 14, 2026
Featured

Subscribe to Updates

Get the latest news from FISHE about politics, economy, health and business, etc

Facebook X (Twitter) Instagram Pinterest
© 2026

Type above and press Enter to search. Press Esc to cancel.