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Nigeria is set to receive $618 million for investments in its digital and creative industry

According to the African Development Bank, plans are on to distribute $618 million to carry out Nigeria’s investment in digital and creative industry initiatives.

Lamin Barrow, the AfDB’s national director-general for Nigeria, revealed the information on Sunday in a Marrakesh, Morocco, interview with the News Agency of Nigeria.

He stated that a fund manager for the project was being sought by the federal government. The Federal Government announced last month that the i-DICE program will be receiving a $617.7 million investment.

A federal government initiative called i-DICE seeks to improve, inclusive, and long-lasting employment by encouraging investment in the creative and information-communications technologies sectors.

 

Source: BI

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