In a bid to provide more digital opportunities for young Nigerians, President Bola Tinubu plans to train one million youths in software engineering, product management, business analysis, cloud computing, and product design. Additionally, 500,000 Nigerian small and medium-sized firms (SMEs) will receive mentorship and upskilling for business growth. The scheme, a collaboration between the Federal Government and WEMA Bank, will offer grants totaling $650,000 (N500 million) for SMEs and techpreneurs.
The FGN/ALAT Digital and SkillNnovation Hub centres, established through the Vice President’s office, will launch first in Lagos and Borno, followed by Katsina, Cross River, Anambra, Oyo, and Kano. The program aims to equip young Nigerians with digital and related skills while promoting entrepreneurship, skills development, and integration into the workforce.
Vice President Kashim Shettima and representatives of WEMA Bank have set the project in motion with a focus on empowering tech-savvy youth and young entrepreneurs with financial solutions, training, and strategic partnerships. The ultimate goal is to employ one million youths in the digital economy and enhance SMEs to bolster Nigeria’s economy.