The Nigerian government is investing $618 million in a groundbreaking programme that aims to support young entrepreneurs in the creative and technology sectors.
Known as the Investment in Digital and Creative Enterprises (i-DICE) initiative, this programme will help to promote innovation and entrepreneurship, while also addressing issues such as access to capital and capacity limitations for start-ups.
The Nation Online reported that the i-DICE initiative has already secured support from various partners, including the African Development Bank, the Islamic Development Bank, and the Agence Francaise de Developement.
Together, these partners will help to ensure that the programme has the resources it needs to make a real difference in the lives of young Nigerians.
Speaking about the initiative, Vice President Yemi Osinbajo emphasised the importance of government and private sector support for innovation in Africa.
He believes that this kind of investment is essential for the future success of the continent, and that initiatives like i-DICE are key to unlocking the potential of young people in Nigeria and beyond.
This programme is a significant step forward for Nigeria, and a clear signal that the country is committed to empowering its young entrepreneurs and promoting innovation in the technology and creative sectors.
With the support of government and private sector partners, there is no doubt that i-DICE will have a positive impact on the Nigerian economy for years to come.