In line with the repositioning strategy of the Agency, the Director General and Chief Executive, National Space Research and Development Agency, (NASRDA) Dr. Matthew Adepoju has expressed readiness to harness investment opportunities that will drive innovation and expand capacity to benefit the Nigerian society.
Dr. Adepoju made this known in NASRDA’s headquarters in Abuja while receiving a delegation from CardinalStone Asset Management (CAM) a company that offers a broad range of investment products ranging from equities to fixed income and other investment commodities.
He commended the team for exposing NASRDA to new avenues for financial growth and investment, describing himself as a capitalist who is always keen on embracing ventures that will strengthen the Agency’s impact in the Nigerian society.
The NASRDA boss also said that, the Agency is open to any strategic opportunity that will bring about productivity, innovation and growth for national development.
Dr. Adepoju further reiterated his administration’s agenda to mainstream the private sector into the space industry, emphasizing that while NASRDA currently seeks partners willing to invest in its projects and innovations, it will, in due time, also become an investor in strategic ventures approved by the Government.
The NASRDA boss noted that the Agency is positioning itself to take its rightful place within the global space ecosystem and is committed to building sustainable partnerships that align with its vision.
Speaking earlier, the Head of Public Sector Advisory at CardinalStone Asset Management, Mr. Sadiq Aliyu presented some tailored investment solutions which according to him, is designed to support NASRDA’s long-term goals.
He highlighted his company’s commitment to working with institutions like NASRDA by offering structured financial instruments such as treasury bills, bonds, and fixed income notes.
Aliyu explained that these options will provide both stability and flexibility, as funds invested can be returned at maturity or reinvested for future growth.
He also noted that CAM, a multi-asset investment management firm, has conducted a thorough analysis of NASRDA’s mandate and developed a bespoke investment strategy to support its ambitions.
The visit concluded with a mutual expression of optimism for future collaboration, as both parties look forward to building a framework for partnership that will accelerate innovation in Nigeria’s space sector.
Below are pictures from the Visit
Alexandra Oladipo,
Media and Corporate Communications
