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Gbeminiyi Ogunleye
3 months ago
Overview
FG launches space technology initiative to generate $50bn annually
The federal government has unveiled an initiative aimed at generating $50 billion annually through the use of space technology.
The initiative, known as the Presidential Initiative on Revenue Optimization and Digitalization via Space Technology, will se the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) and the National Space Research and Development Agency (NARSDA) collaborating to ramp up revenue for the nation using space technology.
Speaking at the launch of the initiative in Abuja on Thursday, the Chairman of RMAFC, Dr. Mohammed Bello Shehu, said that the Renewed Hope Agenda of the current administration could only be realized through the implementation of efficient and innovative revenue generation strategies.
