Federal Government approves indigenous satellite production

Federal Government has approved indigenous satellite production in the country to boost Internet broadband penetration.
The production and design will be achieved through a Public Private Partnership (PPP) Project, in line with Executive Order five, which seeks to boost local production and ensure Nigeria relies less on imports.

Minister of State for Science, Technology and Innovation, Chief Henry IkechukwuIkoh,made this known during the South- South dialogue between government and stakeholders in the Science, Technology and Innovation (STI) ecosystem in Port Harcourt.

Chief Ikohsaid the geopolitical dialogues would enhance the productive capacities of each zone and promote the nation’s global competitiveness and productivity.
The minister said technology and innovation centres have the task of showcasing the role of STI in socioeconomic development, noting that this will ensure Nigeria moves from a resource-based economy to a knowledge and innovation-driven economy.