Respites seems to be on the horizon for Nigerian startups in the area of funding as indicated by the Director General of National Information Technology Development Agency (NITDA), Mr Kashifu Inuwa, who said that NITDA is working to reconvene the council of the Nigeria Digital Innovation Fund, and present the funding model to accelerate innovation and entrepreneurship.
Inuwa who discussed the implementation of the Nigeria Digital Innovation Fund in Lagos, Southwest Nigeria at the TechCabal’s Moonshot event, said that agency plans to launch a call for applications for training providers and aims to connect participants with job opportunities.
“The global demand for tech talents is enormous, and Nigeria has the potential to play a significant role in filling this talent gap, given the competitive advantages, such as a youthful population, advantageous time zones, and a growing tech ecosystem, making it a prime destination for tech talents”, he said.
According to Inuwa, Nigeria can become a talent net exporter by providing opportunities, training, and access to global markets, adding that, with the right policies and supportive environment, Nigeria could retain its talented workforce while also being a source of talent for the world.
He also said that NITDA is working on digitising government services and developing the digital public infrastructure to create more job opportunities within the digital ecosystem.