The Director General and Chief Executive National Space Research and Development Agency (NASRDA), Dr. Mathew Adepoju, has announced that several research spin-offs developed within the Agency are now ready for full commercialization for the socioeconomic development of the Nation.

He made this declaration during a courtesy visit by a delegation from Access Bank Nigeria to the Agency’s Headquarters in Abuja.

Dr. Adepoju explained that the spin-offs which span key sectors including agriculture, health, environmental monitoring, and geospatial technology, were developed through years of research and collaboration within NASRDA’s specialized Centres and Laboratories.

He pointed that NASRDA operates various specialized Centres and Laboratories across the country, with each driving distinct aspects of Nigeria’s space science mandate and technological advancement.

The Director-General further stated that the Agency’s broad research output reflects Nigeria’s growing capacity in space science and innovation, adding that these developments are central to national technological growth and economic diversification.

While appreciating the delegation for a timely visit the NASRDA boss called for a collaborative platform where Access bank can collaborate with NASRDA in commercializing its research products and spin-offs so as to expand the revenue base of the Agency and the country at large.

Speaking during the visit, the leader of the delegation, Head of Small and Medium-sized Enterprises (SME) Northern Region at Access Bank, Njideka Esomefu, commended NASRDA for its remarkable contributions, innovative programmes and sustained commitment to advancing space research in Nigeria.

She explained that the proposed collaboration between Access Bank and NASRDA is aimed not only at partnering with the Agency to commercialize its research products and spin-offs, but also at advancing innovation and sustainable development.

Esomefu added that the partnership would also help enhance staff welfare through improved financial literacy, access to affordable housing schemes, and broader financial empowerment opportunities.

Below are pictures from the event.

Reporter: Fauziyya Nakwarai
Editor: Monica Jiya
Photo credit: Ibrahim Zakari
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