FG To Launch $617m Investment In Digital, Creative Enterprises Programme

President Bola Ahmed Tinubu’s administration has proposed November 2023 to launch the $617.7 million Investment in Digital and Creative Enterprises programme.Disclosing this in a statement on Friday, a media aide to Vice President Kashim Shettima, Kingsley Nkwocha, said the programme is driven by the Tinubu administration’s determination to deliver on the promise to create millions of jobs in the technology space.

Accordingly, he urged all partners in the i-DICE programme to ensure judicious utilisation of the funds, noting that the $617.7 million scheme could be a game changer. Speaking with State House correspondents shortly after the meeting, Minister of Finance, Mr Wale Edun, described the project as “very key to the promise of His Excellency, President Bola Ahmed Tinubu, particularly to the youth, for the creation of 1.2 million digital jobs.

“So, the government is putting its skin in the game to say ‘we want to support; we want to see more local confidence building’. And there’s no other way to show that than by putting money in some of the startups.”

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Operators push for fresh investment, technology amid worsening electricityInvestment, technology and collaboration among others formed the discourse at the just-concluded 10th Nigeria Energy conference, as the Ministry of Power
Source: MobilePunch - 🏆 8. / 63 Read more »

Adesina charges Africa to prioritise peace-building as investment decisionThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

FG targets 500,000 jobs, foreign direct investment with Ajaokuta Industrial ParkThe Minister of Steel Development, Prince Shuaibu Abubakar Audu, has revealed the Federal Government's plan to make the proposed Ajaokuta Industrial Park attract foreign direct investment and 500,000 jobs in three years. Audu disclosed this during his maiden visit to the Ajaokuta Steel Company Limited (ASCOL) on Wednesday, taking a tour of the steel complex.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Natural Resource Investment: Nigerian govt set to partner CJID, others to hold second summitThe forum, the organisers added, is expected to address measures to mitigate the challenges of energy transition and provide...
Source: PremiumTimesng - 🏆 3. / 78 Read more »

AfDB: Nigeria needs $20.5bn annual private sector investment in climate change | TheCableNigeria's independent online newspaper
Source: thecableng - 🏆 2. / 80 Read more »