News
FG TO LAUNCH $617M INVESTMENT IN DIGITAL, CREATIVE ENTERPRISES PROGRAMME
FG TO LAUNCH $617M INVESTMENT IN DIGITAL, CREATIVE ENTERPRISES PROGRAMME
…VP Shettima directs technical committee to ensure inclusivity
By: Our Reporter
Determined to deliver on the promise to create millions of jobs in the technology space, President Bola Ahmed Tinubu’s administration has proposed November 2023 to launch the $617.7 million Investment in Digital and Creative Enterprises (i-DICE) programme.
To ensure this unfolds into a reality, Vice President Kashim Shettima has given marching orders to members of the i-DICE Steering Committee, tasking them to make sure the programme starts before the end of November this year.
The VP gave the directive on Friday when the i-DICE team gave him an update on the progress made so far during a meeting at the Presidential Villa, Abuja.
At the meeting, Sen. Shettima emphasised the importance of the initiative to Federal Government’s digital jobs drive, saying the administration is keen on delivering on its promises to Nigerians.
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.
The Vice President stated: “The peculiarity of the challenges we face in the country demands that we have to create jobs for our teeming youths to address the crises associated with youth unemployment. I want to appeal to all of us here to unite and see that this programme takes off latest by the end of November this year.
“I am interested in getting a weekly update on what is being done to kick-start this programme. We also need to spread out to cover the whole country so that there is inclusivity. If we judiciously utilise these funds, the target impact and anticipated benefits will be immense.
“I want to assure the technical committee, all those working on this programme and our international partners, that you will get all the support that you will need. We mean business. My boss, President Bola Tinubu, is passionate about the transformation of this country. So, you have nothing to worry about the government’s support”.
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.
“This $617 million project will go a long way to achieving the President’s priorities on job creation and economic growth, particularly inclusivity. One of the major elements is going to have 50% participation by women,” he added.
On his part, Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijjani, said the scheme is a unique opportunity.
He noted: “The Nigerian technology and creative ecosystem has been doing well and is the best on the continent. We actually want to be a leader globally. And there’s no other way to do that than investing in the technology startups that are building these solutions.
“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.”
For his part, the Managing Director of the Bank of Industry, Mr Kayode Pitan, hinted that the Vice President gave them marching orders to start by next month.
He said, “The Investment in Digital and Creative Enterprises (i-DICE) Programme programme is actually a $617 million programme. The funding has been concluded with African Development Bank (AfDB), the French Development Agency (AFD) and the Islamic Development Bank (IsDB).
“BOI (Bank Of Industry) also will put in some part of that funding. It will cover the digital area, the creative area and entertainment area, especially the areas that the youth are interested in. So, this is actually for the youths – people below 35. We have some grants, we have some loans. There’s some equity, and for the startups, government is hoping that some new unicorns are going to emerge from this particular programme”.
Also present at the meeting were the Ministers of Science and Technology Innovation, Mr Uche Nnaji; Industry Trade and Investment, Dr. Doris Uzoka-Anite; Arts, Culture and Creative Economy, Hajiya Hannatu Musawa, among others.
FG TO LAUNCH $617M INVESTMENT IN DIGITAL, CREATIVE ENTERPRISES PROGRAMME
News
Joint troops repel bandit attack in Katsina, neutralise two and recover motorcycle
Joint troops repel bandit attack in Katsina, neutralise two and recover motorcycle
By: Zagazola Makama
Joint troops of Operation FANSAN YANMA have repelled an armed bandit attack in Gida Soda Village, Katsina State, neutralising two attackers and recovering a motorcycle, security sources said.

The incident reportedly occurred at about 12:45 a.m. on Feb. 17 when suspected bandits stormed the village. Troops, acting promptly in coordination with local police and Civil Watch Patrol Teams, engaged the attackers in an intense gunfight, forcing the criminals to flee.

During the operation, two of the bandits were neutralised, and a Boxer-brand motorcycle belonging to the group was recovered.
Tragically, one resident, Hassana Muhammad, 30, was reportedly fatally shot during the attack. She was rushed to Dansoda Hospital, where she was pronounced dead by medical personnel.
Sources said efforts to track fleeing bandits and secure the area are ongoing.
Joint troops repel bandit attack in Katsina, neutralise two and recover motorcycle
News
AACIS’26 Set to Open $40 Trillion Africa-Caribbean Market
AACIS’26 Set to Open $40 Trillion Africa-Caribbean Market
By: Michael Mike
The 2026 edition of the Aquarian Consult’s Afri-Caribbean Investment Summit (AACIS’26) will focus on boosting trade, investment, and private sector partnerships between Africa and the Caribbean, targeting a combined market valued at $40 trillion across Africa, the Caribbean, and the Americas.
The Chief of Staff of Aquarian Consult Ltd, Serumun Ubwa, disclosed this while briefing journalists in Abuja, ahead of the summit scheduled for March 23–28, 2026.
She described AACIS as a strategic platform designed to connect African businesses with Caribbean partners, attract foreign investment, and promote sustainable economic collaboration across key sectors.
Ubwa highlighted that the inaugural AACIS in 2025 achieved landmark outcomes, including the establishment of the first direct flight from Africa to Saint Kitts and Nevis, the signing of Memoranda of Understanding in agriculture and cultural exchange, and a $40 million deep-water port agreement. She said these successes set the stage for the 2026 summit, which will expand opportunities for trade and investment.
She revealed that the 2026 summit will introduce two specialized events: the Afri-Caribbean Agriculture and Food Security Summit (March 23–24) and the Afri-Caribbean Health Summit (March 26), running alongside the main Investment Summit from March 25–28.
“By focusing on agriculture and healthcare, we aim to strengthen regional cooperation, enhance food security, open new export markets for African producers, and support policy frameworks that reduce import dependence in the Caribbean,” Ubwa said.
She added that the summit will feature structured Business-to-Business (B2B) and Business-to-Government (B2G) matchmaking sessions, an Investor Deal Room managed by investment promotion agencies, and sector-specific engagements in agriculture, healthcare, pharmaceuticals, renewable energy, tourism, digital technology, and the creative economy.
Ubwa added that over 2,000 participants are expected, including current and former heads of government, sovereign wealth funds, multilateral institutions, and private sector leaders. She emphasised that AACIS seeks to strengthen South-South cooperation and increase Africa-Caribbean trade, which currently represents less than one per cent of total trade between the regions.
Interested participants are expected to register for the summit at www.aquarianconsult.com/AACIS.
AACIS’26 Set to Open $40 Trillion Africa-Caribbean Market
News
Vice President Shettima Urges Stakeholders To Expand Scope Of Support For MSMEs
Vice President Shettima Urges Stakeholders To Expand Scope Of Support For MSMEs
Says govt. agencies, private sector partners must harness Nigeria’s potential in digital space, agriculture
By: Our Reporter
The Vice President, Senator Kashim Shettima, has implored stakeholders, including financial institutions, government agencies, and the private sector, to expand their scope of support for Micro, Small, and Medium Enterprises (MSMEs) in Nigeria.
Emphasizing their critical role in economic growth, job creation, and poverty reduction, he urged them to leverage technology to enhance the MSMEs sector, particularly for young Nigerians in the digital world.
Senator Shettima stated this on Tuesday when he received the 2025-2026 MSME report during the Nigerian MSMEs stakeholders meeting at the Presidential Villa, Abuja.

“We have our jobs cut out for us. SMEDAN is doing an awesome job, so also is ITF. Every stakeholder here, from NAFDAC, to CAC, NITDA, Export Promotion Council, and NIPC, is putting in their best, and we are mightily proud of all of you,” he told the stakeholders at the meeting.
Urging government agencies and private sector partners to harness the nation’s potential in the digital space, agriculture, and other key areas that can benefit MSMEs, VP Shettima asked them to take a cue from India, which generated $130 billion in 2025 from business process outsourcing alone, noting that the potentials in that outsourcing space are tremendous.
“So, we need to really harness our potential in the digital space, in agriculture,” he added.
The Vice President thanked the stakeholders for doing a great job in advancing MSMEs in Nigeria, assuring that the administration of President Bola Ahmed Tinubu will do all it can to ensure the growth of small businesses in the country.
Speaking earlier, the Minister of Information and National Orientation, Mohammed Idris, commended the Vice President, describing the meeting as an overview of what has been done by MSMEs over a period of time.
He noted that all the participants and stakeholders facilitating the success of the MSMEs programme were in attendance to appraise the achievements of the programme, even as he revealed that over 250,000 jobs were created and more are on the way.

The Minister also commended the Special Adviser to the President on MSMEs and Job Creation (Office of the Vice President), Mr. Temitola Adekunle-Johnson, for bringing all stakeholders in MSMEs in Africa to converge on Abuja to showcase Nigeria and chat the way forward in enhancing the development of the sector on the continent.
Presenting the MSME report to the Vice President, the Special Adviser to the President on Job Creation and MSMEs, Adekunle-Johnson, gave a brief rundown of how the Renewed Hope Agenda, under President Tinubu, has repositioned MSMEs as a central pillar of national economic transformation and job creation.
He noted that the core focus over the past year had been on improving access to affordable financing, reducing operational constraints through shared infrastructure, strengthening market linkages, and institutionalising recognition frameworks that promote excellence and competitiveness.
On the MSME space in 2025, he noted that access to funding had been expanded through MSME Clinics, which serve as a bridge between the federal government, state governments, and small businesses, thereby creating market visibility, business formalisation opportunities, and access to instant on-site grants for outstanding businesses at each clinic.
Speaking on job creation, the presidential aide disclosed that in the past year, over 11 shared hubs have been deployed, creating more than 250,000 jobs across the country.
On his office’s roadmap for 2026, he said the focus will be on strengthening coordination with partner agencies and state governments, targeting the de-risking of funds, the National MSME Awards, sustainable job creation programmes, capacity development, and improved access to funding.
In his Goodwill message, the Director General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, commended President Tinubu and Vice President Shettima for “setting the blueprint for Small and Medium Enterprises growth in Nigeria.”
He said the shared facilities created by the MSMEs by the office of the Vice President have engaged the people, even in late hours of the day, creating more jobs, just as he noted that “this is the first time the people have been been so fascinated about the policy of government.”
The Managing Directors of Corporate Affairs Commission, National Agency for Food and Drug Administration and Control (NAFDAC), and Nigerian Export Promotion Council (NEPC) also outlined how their respective agencies had benefitted thousands of MSMEs in the past year.
Representatives of Access Bank, Zenith Bank, and Wema Bank all committed to partnering with the Office of the Vice President to ensure that MSMEs get the support they need, even as all stakeholders play their respective roles in moving the Nigerian economy forward.
Vice President Shettima Urges Stakeholders To Expand Scope Of Support For MSMEs
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