Vice President Kashim Shettima PHOTO: Twitter
“The Nigerian Federal Government, in collaboration with Wema Bank, is set to establish digital hubs for micro, small, and medium enterprises (MSMEs) across seven states. Vice President Kashim Shettima announced this initiative on Sunday, highlighting its aim to equip one million youths with digital skills.
Shettima revealed that the partnership between the government and Wema Bank was solidified after a meeting between the Vice President and representatives of the bank. The project, named FGN/ALAT Digital and SkillNnovation Hub, will commence in Lagos and Borno states, followed by Katsina, Cross River, Anambra, Oyo, and Kano.
Operated in conjunction with WEMA Bank, these hubs aim to achieve several strategic goals. First, they will empower young entrepreneurs with customized financial products, training, and support to foster sustainable businesses, contributing to Nigeria’s economic growth. Moreover, the initiative seeks to bolster tech-savvy youths’ capacity for digital innovation, offering them financial solutions, training, and access to valuable partnerships. Additionally, it will facilitate the integration of young workers, particularly those deployed through the National Youth Service Corps (NYSC), into Nigeria’s workforce.
The Vice President also highlighted that the program intends to benefit one million youths through software engineering, product design, and other digital training. Furthermore, it plans to mentor 500,000 SMEs in business development, contributing to the overall advancement of the nation’s entrepreneurial landscape.”
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