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FG TO LAUNCH $617M INVESTMENT IN DIGITAL, CREATIVE ENTERPRISES PROGRAMME

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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

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Take ownership of NEDC projects, FG urges Gombe communities

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Take ownership of NEDC projects, FG urges Gombe communities

By Osagie Peter

The Federal Government has urged residents of Gombe State to take ownership of all North East Development Commission (NEDC)’s projects in their communities by protecting and ensuring their full utilisation.

The Minister of State for Regional Development, Alhaji Uba Maigari Ahmadu, made the call during the inauguration of competed projects as well as inspection of several ongoing ones across Gombe State.

Ahmadu while inaugurating the several projects in different key sectors, ranging from health, education, agriculture, infrastructure, among others, said the projects would improve the wellbeing of the residents.

He said that the Federal Government prioritised improved funding to address critical challenges confronting the North-East, particularly in the area of security, hence expressed satisfactory with how NEDC had used the funds in meeting the needs of the people of the state and region.

He said the government accorded attention to all sectors in the country, in line with the Bola Tinubu’s administration’s commitment to national development.

“I call on the communities where these projects have been executed to take ownership of the projects and keep them in good condition.

“There is need for you all to maintain the structures exactly as they are at the time of inauguration for the benefit of everyone.”

The Minister further stated that the projects, if properly utilised, would strengthen healthcare delivery, expand educational infrastructure, and improve the welfare of citizens in line with the desire of Mr President.

Ahmadu commended President Tinubu and NEDC for its timely intervention and for bringing critical infrastructure and development to the grassroots to improve the socio-economic wellbeing of residents of the state.

He announced additional funding of N2 billion for each of the mega schools in the state.

“I’ve just been informed that in addition to the wonderful work, the Ministry of Regional Development, overseeing the North East Development Commission, has also allocated N2 billion to each of the Mega Schools spread across the state. I think this is very, very commendable,” the Minister said.

On his part, Dr Manassah Jatau, the Deputy Governor of Gombe State, expressed gratitude to President Tinubu, the Ministry of Regional Development and NEDC for providing the projects, noting that they would aid learning and contribute to better health outcomes for residents.

Jatau said that the state government was happy because the NEDC had utilised the plot allocated to them within a short period of time, to complement governance at all levels.

He added that the government was ready to allocate additional plots to the NEDC if needed for any intervention.

The deputy governor assured that whatever had been done would be sustained, while calling on communities where the various projects have been executed to maintain the facilities.

He added that the projects were “excellent”, hence urged the community to take full ownership and maximise the benefits of the projects for the good of humanity.

In his remarks, the Chairman of the NEDC Board, Major General Paul Tarfa (Rtd), expressed satisfaction with the inspected projects, while reiterating the need for beneficiaries to ensure proper maintenance.

Also, the Managing Director and Chief Executive Officer of the NEDC, Mr Mohammed Goni Alkali, appreciated the Gombe State Government for donating the land on which the NEDC office was built and urged strict maintenance to ensure durability and effective service delivery.

Our Correspondent reports that part of the projects inaugurated included a 40-bed capacity maternity Bogo Quarters, Akko Local with delivery room, antenatal and post-natal rooms, theatre, preparation rooms, side rooms and a dispensary, aimed at improving maternal and child healthcare services at the grassroots.

Also inaugurated is the Central Medical Stores equipped with cold rooms, offloading bays, sorting areas and offices to enhance medical supply management and distribution across the state.

At Gombe State University, four newly constructed lecture halls, each with a 150-seat capacity, were inaugurated . The facilities are expected to ease pressure on existing classrooms and improve learning conditions for students.

Rehabilitated Government Secondary School (GSS) Malam Sidi in Kwami LGA, where structures including, 19 blocks of classrooms, an administrative block, a 250-capacity examination hall, student hostels, laboratories, staff quarters, library, dining facilities, perimeter fencing and a gatehouse were rehabilitated.

Other projects inaugurated include a 250-bed student hostel at Government Science Technical College, Kumo; a 40-bed maternity complex in Billiri LGA; mega schools in Kaltungo, Dukku and Dadinkowa/Yolde Deba LGAs; and a 250-bed capacity student hostel at the College of Health Sciences and Technology, Kaltungo.

Also, major projects at the Federal Teaching Hospital (FTH), Gombe, were inspected, including the establishment of an MRI housing facility awaiting equipment installation, construction of a 180-bed student hostel, an ENT complex, and a fully equipped trauma centre featuring theatres, consulting rooms, triage and observation areas, burns unit, diagnostic rooms and offices.

Take ownership of NEDC projects, FG urges Gombe communities

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Nigeria, South Korea Deepen Cooperation in Creative Industry with K-pop-Afrobeat Collaborative Album Underway

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Nigeria, South Korea Deepen Cooperation in Creative Industry with K-pop-Afrobeat Collaborative Album Underway

By: Michael Mike

A collaboration between Afrobeat and K-pop is underway as Nigeria and South Korea deepens cooperation in the creative economy, using music as a bridge.

Artistes and producers from both countries staged a landmark Afrobeats–K-pop collaboration in Abuja with the plan to roll out a musical experiment of fusion of both afrobeat and K-pop.

The live production concert, tagged “K Music Production x Afrobeats,” was hosted by the Korean Cultural Center in Nigeria (KCCN) and brought together Korean vocal coach Seo Yena, music producer and composer Lee Haneung, and Nigerian Afrobeats artiste FirstKlaz for a joint recording and live performance.

The event underscored growing cultural diplomacy between both countries and highlighted the expanding global influence of Afrobeats, which has increasingly shaped contemporary pop sounds across Asia, Europe and North America.

Seo Yena said her journey into Afrobeats began in 2024 when she visited Nigeria as a vocal instructor under a KCCN programme, an experience she described as transformative.

“That was my first real contact with Nigerian music,” she said. “Working with Nigerian singers made me curious about Afrobeats, so I started researching it and thinking about how to connect it authentically with Korean music.”

She explained that the collaboration deliberately blended the relaxed groove and rhythmic flow of Afrobeats with the structured vocal delivery and powerful climaxes typical of K-pop.

“Afrobeats has a calm, flowing feel, while Korean pop focuses on clarity and emotional intensity. The idea was not to overpower one with the other, but to allow both identities to shine,” she said.

Producer Lee Haneung described the partnership as a significant creative challenge and a step toward building a more balanced global music ecosystem.

“Afrobeats is now a major force in world music, and its influence is already present in K-pop,” he said. “But too often it feels like borrowing. I wanted to understand Afrobeats from its source and create something sincere that respects both cultures.”

Nigerian artiste FirstKlaz said he welcomed the collaboration because of his long-standing interest in Korean music, adding that the creative process was seamless.

“I love K-pop, so when I got the invitation, I was excited,” he said. “The studio sessions were full of pure energy. I wrote and sang my parts, and the collaboration felt natural.”

Although a release date has not yet been announced, KCCN confirmed that the collaborative track is being prepared for commercial release and forms part of a broader plan to deepen partnerships between Korean producers and Nigerian artistes.

The Centre said the initiative aligns with efforts by both countries to grow their creative industries, promote cultural exchange and position music as a viable driver of youth employment, innovation and global engagement.

As Afrobeats continues to gain traction worldwide and K-pop expands its global reach, the Abuja collaboration signals a new chapter of cross-continental creativity—one rooted not in imitation, but in mutual respect and shared artistic growth.

Nigeria, South Korea Deepen Cooperation in Creative Industry with K-pop-Afrobeat Collaborative Album Underway

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FG to Enforce Governance Standards as MOFI Introduces Excellence Awards for Public Enterprises

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FG to Enforce Governance Standards as MOFI Introduces Excellence Awards for Public Enterprises

By: Michael Mike

The Federal Government is set to tighten oversight and raise performance standards across its portfolio of state-owned enterprises with the launch of the MOFI Excellence Awards, a new accountability-driven initiative scheduled for the second quarter of 2026.

The awards, to be introduced by the Ministry of Finance Incorporated (MOFI), are aimed at institutionalising transparency, discipline and measurable performance in Federal Government-owned enterprises, marking a shift from discretionary oversight to structured, benchmarked governance.

MOFI said the initiative is part of broader reforms aligned with President Bola Ahmed Tinubu’s economic agenda, which seeks to improve fiscal discipline, unlock value from public assets and reduce the burden of inefficient enterprises on the national treasury.

At the core of the process is the MOFI Corporate Governance Scorecard, launched in April 2025, which now serves as a standardised tool for assessing Boards and management teams against international best practices in transparency, risk management and compliance.

An independent technical panel, inaugurated in December 2025 by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, will conduct the assessments. Portfolio companies will be evaluated using strict criteria, including regulatory compliance, Board effectiveness, financial controls and sectoral impact.

According to MOFI, the awards are not intended as ceremonial recognition but as a mechanism to drive behavioural change across public enterprises by linking governance quality to reputational standing and future oversight.

“The MOFI Excellence Awards represent a structural reset in the way public enterprises are managed,” the Ministry said in a statement. “Transparency is no longer optional, compliance is measurable, and performance outcomes are central to fiscal responsibility.”

Institutions that emerge as top performers will be recognised for demonstrating strong governance culture, operational discipline and accountability, while underperforming entities are expected to face closer scrutiny and corrective interventions.

MOFI said the initiative will also provide policymakers with clearer data on enterprise performance, enabling more informed decisions on restructuring, capital allocation and potential private-sector participation.

Analysts say the move could signal a turning point in public enterprise management, particularly if the scorecard and awards framework is consistently applied and tied to consequences.

Further details on the awards and governance framework are available on MOFI’s official website, www.mofi.com.ng.

FG to Enforce Governance Standards as MOFI Introduces Excellence Awards for Public Enterprises

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