HomeNewsNigeria plans $617.7M digital enterprise investment in November.

Nigeria plans $617.7M digital enterprise investment in November.

Published on

Vice President Kashim Shettima has emphasized the urgency of launching the Investment in Digital and Creative Enterprises (i-DICE) program by November’s end, reinforcing President Bola Tinubu’s commitment to job creation in Nigeria’s tech sector.

During a briefing in the Presidential Villa, Abuja, Shettima received an update on the program’s progress and urged the i-DICE team to expedite its implementation. The initiative, valued at $617.7 million, aligns with the government’s efforts to drive digital employment and address youth unemployment challenges across the nation.

Shettima highlighted the significance of the initiative, calling on all partners to ensure the prudent use of allocated funds. He expressed, “Given the unique challenges our nation confronts, creating opportunities for our young population is paramount. I expect a weekly progress report to monitor the initiative’s momentum.”

Daily Post reported that He further emphasized the nationwide scope of the project, stressing the importance of inclusivity. “The vast potential of these funds, if used wisely, will have a transformative impact on our youth and the economy.”

Offering reassurance, the Vice-President pledged full support to the technical committee, program staff, and international collaborators. “Our commitment is unwavering. President Tinubu is fervently focused on Nigeria’s transformation. The government stands firmly behind this endeavor,” Shettima concluded.

Latest articles

Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.

Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.

More like this

Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.