In a major boost to Nigeria’s digital economy, the Japan International Cooperation Agency and the Federal Government of Nigeria have signed a thirty million dollars grant agreement to establish Start-Up Hubs in Abuja, the federal capital territory.
The Minister of Budget and Economic Planning, Atiku Bagudu, and the Chief Representative of Japan International Cooperation Agency , Nigeria Office, Mr. Yuzurio Susumu, signed the agreement on behalf of the Nigeria and Japanese governments.
They said the initiative is aimed at fostering innovation and supporting emerging enterprises, the project will deliver a world-class facility equipped with advanced digital technologies and collaborative workspaces.
Mr. Atiku Bagudu, and Mr. Yuzurio Susumu said the initiative also seeks to strengthen linkages across the start-up ecosystem, promoting job creation, industrial diversification, and solutions to social challenges through innovation.