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

Mo Abudu to open UK’s first cinema hub for African and Black films

Nigerian media mogul Mo Abudu will open EbonyLife Place London in October, describing it as the UK's first cinema hub for African and Black films.

Opposition parties begin talks on single candidate for 2027

Six opposition parties under the G-100 platform will meet in Abuja on August 18 to explore fielding a single candidate for Nigeria's 2027 general elections.

Visa processing shift won’t affect Abuja embassy operations, US says

The US Mission in Nigeria says moving routine visa processing from Abuja to a Lagos hub will not affect the Abuja embassy or valid visas.

Visa applications from Nigerians to South Africa double despite xenophobia, envoy says

Visa applications from Nigerians to South Africa have almost doubled in recent months despite xenophobic attacks, the country's consul-general in Nigeria says.

More like this

Mo Abudu to open UK’s first cinema hub for African and Black films

Nigerian media mogul Mo Abudu will open EbonyLife Place London in October, describing it as the UK's first cinema hub for African and Black films.

Opposition parties begin talks on single candidate for 2027

Six opposition parties under the G-100 platform will meet in Abuja on August 18 to explore fielding a single candidate for Nigeria's 2027 general elections.

Visa processing shift won’t affect Abuja embassy operations, US says

The US Mission in Nigeria says moving routine visa processing from Abuja to a Lagos hub will not affect the Abuja embassy or valid visas.