The National Information Technology Development Agency (NITDA) has formed a strategic partnership with payments technology company Flutterwave and investment firm Alami to further advance Nigeria’s digital economy. This collaboration aims to empower small and medium-sized enterprises (SMEs) with the necessary tools to succeed in the increasingly digital business landscape, as announced in a statement on Friday.
Through this agreement, the three organizations will work together to close the digital gap by promoting digital literacy, encouraging fintech innovation, and creating an environment where businesses can access secure and efficient financial solutions.
NITDA’s Director General, Kashifu Inuwa, emphasized the significance of public-private partnerships in realizing Nigeria’s digital economy goals.
“Flutterwave’s cutting-edge fintech solutions are perfectly aligned with our vision for a flourishing digital economy. The limited adoption of digital tools by SMEs has hindered economic growth. This collaboration aims to provide businesses with the infrastructure and resources required for a smooth transition into the digital era,” he stated.
Inuwa also stressed NITDA’s ongoing commitment to strengthening its relationships with key private sector players to accelerate digital transformation.
“This partnership marks a key milestone in achieving our collective digital transformation objectives, reinforcing our dedication to national progress in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda,” he added.
The initiative supports Nigeria’s National Digital Economy Policy and Strategy, which seeks to boost the country’s digital capabilities and expand opportunities within the tech sector. By equipping Nigerian businesses with digital solutions, the partnership aims to spur economic growth, generate job opportunities, and ensure equitable access to the benefits of a digital economy.
Flutterwave’s Founder and CEO, Olugbenga ‘GB’ Agboola, expressed optimism about the partnership’s potential to empower SMEs.
“Many small businesses in Nigeria face challenges in fully adopting digital solutions. By offering seamless and secure payment technologies, we can help these businesses scale with confidence. Our collaboration with NITDA underscores our commitment to building an inclusive digital economy,” he said.
