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

FG domestic borrowing hits N8.1tn in Q1 2026

FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.

Manufacturing sector taxes climb to N2.05tn in 2025

Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.

Flood swamps Lagos primary school as pharma company’s canal project leaves children out of class

A pharmaceutical company's construction project has blocked a Lagos canal, flooding a primary school and keeping hundreds of children out of class.

SDP’s Adebayo confirms 2027 presidential bid, warns Nigeria is drifting toward one-man rule

SDP leader Prince Adewole Adebayo has confirmed a 2027 presidential run and warned that Nigeria risks one-man rule, not a one-party state.

More like this

FG domestic borrowing hits N8.1tn in Q1 2026

FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.

Manufacturing sector taxes climb to N2.05tn in 2025

Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.

Flood swamps Lagos primary school as pharma company’s canal project leaves children out of class

A pharmaceutical company's construction project has blocked a Lagos canal, flooding a primary school and keeping hundreds of children out of class.