Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 26 AUGUST 2022

Developing A New National Space Policy For Nigeria

Olisa Agbakoba Legal (OAL)
Explore more from Olisa Agbakoba Legal (OAL)

Space policy is the political decision-making process for and application of a state's public policy regarding space flights and uses of outer space, for civil and military purposes.

NigeriaTransport
Collins Okeke
Collins Okeke

Space policy is the political decision-making process for and application of a state's public policy regarding space flights and uses of outer space, for civil and military purposes.  It sets out a nation's commitment to leading in the constructive and responsible use of space, promoting a robust commercial space industry, leading in exploration, and defending the state's interests in space. A sound space policy recognizes that a robust, innovative, and competitive commercial space sector is foundational to economic development, continued progress, and sustained leadership in space.

Nigeria was one of the first African nations to develop a national space policy. The National Space Policy (NSP) was developed and approved in 2000, and a 25-year roadmap for its implementation was endorsed in 2005. The main goals were for the Nigerian space program to: manufacture a Nigerian satellite; have a Nigerian astronaut; and create a Nigerian launch vehicle to launch

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Third Party Motor Insurance In Nigeria: Analysing Its Evolution, Legal Framework, Compliance, And Effectiveness Under The Nigerian Insurance Industry Reform Act 2025 Vis-a-vis The United Kingdom Insurance Regime

Road transportation remains the predominant means of movement for individuals and goods in Nigeria, and one feature that has remained constant in Nigeria's transportation landscape is the steady increase in the number of motor vehicles using public roads. In densely populated commercial centres such as Lagos, thousands of private motorists, commercial transport operators, heavy-duty vehicles, motorcycles, tricycles and pedestrians interact daily within an increasingly congested road network. The inevitable consequence is the frequent occurrence of road traffic accidents resulting in death, bodily injury and substantial property damage.
NigeriaTransport
SPA Ajibade & Co
SPA Ajibade & Co
Article

Transforming Nigeria's Ports Economy-An Analysis Of The Nigerian Ports Economic Regulatory Agency Act 2026 (September 2026)

Nigeria's maritime sector undergoes a major regulatory transformation with the Nigerian Ports Economic Regulatory Agency Act, 2026, which establishes a comprehensive framework for economic regulation of ports, introduces stricter tariff controls, enhanced enforcement powers, and transitions the Nigerian Shippers' Council into a dedicated economic regulator with expanded authority over port operations, terminal operators, and shipping services.
NigeriaTransport
G ELIAS
G ELIAS
Article

The CVFF Six Months After Launch: Assessing Its Impact On Vessel Financing In Nigeria

The Cabotage Vessel Financing Fund (CVFF) was launched in January 2026 to address financing gaps for indigenous Nigerian shipowners. Six months later, despite receiving 92 applications, no disbursements have been made due to bureaucratic bottlenecks, extensive risk assessments by primary lending institutions, and complex documentation requirements across multiple regulatory agencies.
NigeriaTransport
G ELIAS
G ELIAS
Article

CVFF Is Finally Disbursing After 23 Years: What It Is And Who Qualifies

After more than two decades of dormancy, Nigeria has finally begun disbursing the Cabotage Vessel Financing Fund (CVFF), a revolving loan facility funded by a 2% levy on cabotage-protected trade earnings since 2003. With up to $25 million available per qualifying applicant at 6.5% interest through twelve appointed Primary Lending Institutions, Nigerian shipowners now face the critical question of who qualifies and what it takes to access this long-awaited vessel acquisition finance.
NigeriaTransport
Olisa Agbakoba Legal (OAL)
Olisa Agbakoba Legal (OAL)