CBN: Supporting Nigeria’s digital economy for youth empowerment, By Abdulrahman Abdulraheem

CBN: Supporting Nigeria’s digital economy for youth empowerment, By Abdulrahman AbdulraheemLegislative responsibility or the lack thereof, By Jibrin IbrahimSPECIAL REPORT: Enugu community where residents rely on polluted river, deplorable PHCINVESTIGATION: TETFund’s N3.

Unveiled by the Minister of Communications, Innovation and Digital Economy, Bosun Tijani, the new plan revolves around Knowledge, Policy, Infrastructure, Innovation and Trade, and will serve as tech economy development catalyst for four years. “Policy: This highlights the fundamental role of policy in enabling innovation, entrepreneurship and inclusive growth. When properly designed and executed, the policy provides a platform for innovation and entrepreneurship to thrive. Effective policy provides regulatory clarity and necessary incentives for an environment where businesses and innovators are empowered to grow.

“Trade: This pillar embodies our commitment to position Nigeria as a major player in the African and global technology ecosystem. As a rapidly growing economy, with the ICT sector contributing 18.44% to Nigeria’s GDP in Q2 2022, and e-commerce spending projected to grow to $75 billion by 2025 , our primary goal is to enhance Nigeria’s participation in the global technology trade over the next four years.

The tour was themed: “Digital Economy, Youth Empowerment and Sustainable Job Creation in Nigeria: Issues, Challenges, and Opportunities.” “This study tour is an opportunity for fruitful discourse and exploring collaborative strategies. We welcome your insights and recommendations to enrich our policy formulation processes,” the CBN governor stated.

Source: Financial Digest (financialdigest.net)

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