The Federal Government is unlocking over $600m in financing for Nigeria’s digital and creative industries to support businesses, attract private investment and expand the sectors’ contribution to the economy.
The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, disclosed this on Thursday at the opening of the 2026 Creative Africa Nexus Weekend in Lagos, where she outlined the government’s investment and policy initiatives to strengthen the creative economy.
Oduwole said the financing was being facilitated through the Bank of Industry under the Investment in Digital and Creative Enterprises programme, with the leadership of the Office of the Vice-President.
“With the leadership of the Office of the Vice President, through the Bank of Industry, the Federal Government is unlocking over $600m in financing for digital and creative enterprises under the IDiCE programme,” she said.
The programme, known as iDICE, is a $617m Federal Government initiative implemented by the Bank of
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