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Fed Govt reserves $618m for youths in Tech, Creative sectors, says Osinbajo

Vice President Yemi Osinbajo yesterday launched a $618 million programme for young Nigerians in the technology and creative sectors.

He urged governments across Africa and the private sector to render more support for the growth of innovation in the continent.

Osinbajo spoke at the presidential launch of the Investment in Digital and Creative Enterprises (i-DICE) programme held at the State House Banquet Hall in Abuja.

i-DICE, which is an initiative of the Federal Government of Nigeria to promote entrepreneurship and innovation in the digital technology and creative industries to create jobs, especially for young people, is supported by the African Development Bank (AfDB), the Agence Francaise de Developpement (AFD) and the Islamic Development Bank (IsDB) with the Bank of Industry (BoI) designated as executing agency.

A statement yesterday in Abuja by the Senior Special Assistant to the President on Media and Publicity in the Office of the Vice President, Mr. Laolu Akande, said the programme would support young Nigerians, ranging from ages 15 to 35 who are entrepreneurs and involved in early stages in creative, innovative and technology-enabled ventures.

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