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

Africa’s tiny share of global arms imports is leaving Nigeria exposed to terrorism, new data shows

New Stockholm Institute data shows Africa imported just 4.5 percent of global arms, raising alarms over Nigeria's counterterrorism capacity.

Africa holds just 4.5 percent of global arms imports, SIPRI shows

Africa accounted for just 4.5 percent of global arms imports in 2024 and 2025, new Stockholm Institute data shows, as analysts warn the shortfall weakens the continent's capacity to fight terrorism.

Starmer and Tinubu seal fresh export deals at Downing Street

President Tinubu and UK Prime Minister Keir Starmer sealed new export agreements at Downing Street Thursday, closing a state visit that produced a £746 million Lagos port financing deal.

US moves to strip Nigerian convict of citizenship over $11m fraud

The US Department of Justice has filed a lawsuit seeking to revoke the citizenship of Nigerian Emmanuel Kazeem, who was convicted in 2018 over an $11 million tax fraud scheme.

More like this

Africa’s tiny share of global arms imports is leaving Nigeria exposed to terrorism, new data shows

New Stockholm Institute data shows Africa imported just 4.5 percent of global arms, raising alarms over Nigeria's counterterrorism capacity.

Africa holds just 4.5 percent of global arms imports, SIPRI shows

Africa accounted for just 4.5 percent of global arms imports in 2024 and 2025, new Stockholm Institute data shows, as analysts warn the shortfall weakens the continent's capacity to fight terrorism.

Starmer and Tinubu seal fresh export deals at Downing Street

President Tinubu and UK Prime Minister Keir Starmer sealed new export agreements at Downing Street Thursday, closing a state visit that produced a £746 million Lagos port financing deal.