• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, June 10, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

We’ll sustain support for critical sectors’ privatization —Minister

Privatisation

The Matters Press by The Matters Press
August 15, 2022
Reading Time: 2 mins read
0
Experts seek implementation of economic development plans

Dr Olorunnimbe Mamora, the Minister of Science, Technology and Innovation, has said that the Federal Government would continuously support the privatisation and commercialisation of critical sectors of the nation’s economy.

RELATED POSTS

Tinubu’s nomination acceptance speech excites TMSG, TSF

Troops’ counter-terrorism triumphs prove Tinubu’s war on terror on a steady course

IN DEFENCE OF PRESIDENT TINUBU’S DEBTS-FOR-INFRASTRUCTURE POLICY

The minister stated this during the presentation of ‘Full Business Case(FBC)’ certificates for Public-Private-Partnership in Abuja on Monday.

According to him, government will continue to support critical sectors with great financial burden in order to bolster the socio-economic growth and development of the nation.

Mamora said that two projects to be concessioned were Planetarium and Broadband facilities with specialised theatre.

He said that both projects already had representations where the solar system galaxy and the universe can be projected.

The minister said, ”with satellite, intelligence information could be gathered on tackling some of the problems retarding the growth and progress of the country.”

Also speaking, the Minister of State for Science, Technology and Innovation, Mr Henry Ikoh, said the Federal Government was resolute in commercialising innovations.

Earlier, Dr Halilu Shaba, the Director-General, National Space Research and Development Agency (NASRDA),said that Planetarium and Museum building were inaugurated in April 2018.

Shaba stated that its sole objective was educational, with the provision of entertainment services to Nigeria about space science and technology.

He said that it also aimed at generating revenue for Nigeria.

The DG said after the projects become operational, they would contribute significantly to space knowledge and astronomy.

The Director-General, Infrastructure, Concession Regulatory Commission, (ICRC), Dr Joe Ohiani said that the two projects would create about 10,000 direct and indirect jobs.

He added that they would also enhance tourism, boost capacity and create great innovations in the country.

Ohiani said that the broadband project would generate about N28 billion and the planetarium/museum project would equally create N20 billion.

He said that both projects would also attract foreign investors to the country.

Tags: Privatisation
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Tinubu signs amended electoral Act
Energy

Tinubu’s nomination acceptance speech excites TMSG, TSF

May 31, 2026
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

Troops’ counter-terrorism triumphs prove Tinubu’s war on terror on a steady course

May 29, 2026
Nigeria’s  Transparent Civil Service Recruitment exciting
Economy/Technology

IN DEFENCE OF PRESIDENT TINUBU’S DEBTS-FOR-INFRASTRUCTURE POLICY

May 18, 2026
Council seeks incentives to boost indigenous ship operations
Economy/Technology

Tinubu’s economic reforms grow Nigeria’s export earnings by 38.68% – TMV

May 7, 2026
Tinubu engages global investors in Paris
Economy/Technology

Tinubu engages global investors in Paris

May 6, 2026
TMSG to ADC: You are a motley crew of power mongers, palace jesters
Economy/Technology

Tinubu vindicated as opposition coalition collapsed under the weight of Atiku, Obi’s lust for power-Group

May 6, 2026
Next Post
Habiscus (Zobo) for Mexico’s markets

NEPC, NAQS partner on treatment of hibiscus for export

Trading in Nigerian stock market dips further N83bn

Market indices down by 0.07%

Recommended Stories

Nigeria’s N17.1trn budget to gets presidential accent on Friday

Buhari to sign 2023 budget Tuesday

December 31, 2022

Nigeria recovers N53.5bn of N5.2trn MDAs’ debt

April 11, 2022
Nigeria gets AfDB’s $14m as member of ATI

AfDB woos investors for 42 bankable deals

March 16, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s nomination acceptance speech excites TMSG, TSF
  • Troops’ counter-terrorism triumphs prove Tinubu’s war on terror on a steady course
  • IN DEFENCE OF PRESIDENT TINUBU’S DEBTS-FOR-INFRASTRUCTURE POLICY

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us