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Brazil Sign $1 Billion Deal with Nigeria to Transform Agriculture, Energy, and Defence Sectors

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    Brazil Sign $1 Billion Deal with Nigeria to Transform Agriculture, Energy, and Defence Sectors

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    Brazil Sign $1 Billion Deal with Nigeria to Transform Agriculture, Energy, and Defence Sectors

    June 26, 2025

    Experts Warn Nigeria Is Approaching a Debt Crisis Amid Escalating Borrowing and Currency Pressures

    June 26, 2025

    Nigeria Launches National Export Trading Initiative to Empower MSMEs Under AfCFTA

    June 26, 2025

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    NAHCO Named Best Ground Handling Firm in Nigeria’s Aviation Sector

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Home»News»Nigeria’s Growth Depends on Digital Innovation and Youth Talent.
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Nigeria’s Growth Depends on Digital Innovation and Youth Talent.

Gift IfeanyiBy Gift IfeanyiMarch 21, 202503 Mins Read
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The future of Nigeria’s economic success hinges on digital innovation and the empowerment of its youth, according to Francis Sani, Technical Adviser on Innovation, Entrepreneurship, and Capital to the Minister of Communications, Innovation, and Digital Economy.

Speaking at the launch of the Darey.io/XTERNS Tech Hub in Lagos, Sani emphasized the crucial role of young Nigerians in shaping the country’s digital economy.

“Our greatest asset is our youthful population. If we invest in their talent, equip them with digital skills, and create an enabling environment for innovation, Nigeria will not only compete but thrive in the global economy.”

Building a Digital-First Nigeria
The Nigerian government, through the Ministry of Communications, Innovation, and Digital Economy, is rolling out policies to support startups, digital skills training, and capital access for young entrepreneurs. These efforts aim to:

Position Nigeria as Africa’s leading digital economy
Foster innovation and entrepreneurship
Equip youth with in-demand digital skills
Attract global investment in Nigeria’s tech ecosystem

Collaboration between the government, private sector, and educational institutions is essential to drive innovation. Sani called for:

Increased investment in research and development
Improved infrastructure for digital businesses
Policies that encourage tech entrepreneurship

“The future belongs to those who innovate. We must ensure that Nigeria is not left behind in the global digital revolution.”

Darey.io and 3MTT: Bridging the Digital Skills Gap
One of the private sector initiatives transforming Nigeria’s digital landscape is Darey.io, led by founder and CEO Dare Oluwafunmilayo. The company is actively bridging the gap in digital skills through:

Tech hubs like XTERNS – Providing a collaborative space for learning and networking
Strategic partnerships with government initiatives – Including the 3 million Technical Talent (3MTT) program
Infrastructure development – Ensuring access to digital education and job-ready training

The 3MTT initiative, supported by the Nigerian government, is on a mission to train three million Nigerians in technical fields. So far, over 100,000 learners have been enrolled—at no cost—thanks to public-private collaboration.

Beyond technical expertise, Oluwafunmilayo stressed the importance of soft skills like communication and teamwork, which are essential for employability in a global digital economy.

To further support young talents, he announced the launch of the Dare Oluwafunmilayo Human Capital Foundation, which will provide:

Laptops for students
Stipends and financial aid to deserving individuals
Career support to ensure digital inclusion

“This initiative aims to remove financial barriers that prevent skilled youth from accessing digital education and economic opportunities.”

The Road Ahead
With Nigerian startups gaining international recognition and attracting global investment, fostering a culture of innovation will be critical to Nigeria’s long-term economic success.

As the government and private sector continue to invest in youth talent, Nigeria is well on its way to becoming a powerhouse in Africa’s digital economy—where young innovators don’t just participate, but lead.

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Gift Ifeanyi

Gift Ifeanyi is a passionate and talented young web developer with a flair for storytelling and a keen interest in business and entrepreneurship. She brings a fresh perspective and a tech-savvy approach to delivering daily news and insights on the ever-evolving world of startups, innovation, and business trends. With a commitment to excellence and a drive to inspire the next generation of entrepreneurs, Gift is dedicated to creating engaging and informative content that empowers readers to thrive in the dynamic business landscape.

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Brazil Sign $1 Billion Deal with Nigeria to Transform Agriculture, Energy, and Defence Sectors

June 26, 2025

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