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FG Boosts Youth Empowerment with ₦1m Grants for 17 Startups

The Federal Government has reaffirmed its commitment to youth empowerment through innovation and entrepreneurship as 17 promising startups received ₦1 million each under the Nigerian Youth Academy (NiYA) initiative. Minister of Youth Development, Dr. Ayodele Olawande, said the Nigerian Youth Academy was designed to equip young Nigerians with the skills, tools, and networks needed to thrive in an innovation-driven economy. Speaking at the NiYA Startup Pitch event, Dr. Olawande described the programme as “more than a competition,” noting that it reflects what happens when young Nigerians are given opportunities to turn creativity into sustainable impact. “This event is part of our NiYA journey to support youth innovation, entrepreneurship, and national development. Through NiYA Gigs, NiYA Jobs, NiYA Academy, and NiYA Startup, we are building an ecosystem that supports young people from learning and training to scaling their businesses,” he said. […]

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FG Reaffirms Nigeria’s Global Leadership in Entrepreneurship at 2025 GEC

Nigeria Reinforces Commitment to Entrepreneurship on Global Stage At the 2025 Global Entrepreneurship Congress (GEC) in Indianapolis, USA , Nigeria once again asserted its role as a leader in entrepreneurship-driven industrial transformation . Minister of State for Industry, Trade and Investment, Senator John Owan Enoh , represented the Federal Government at the event, delivering a strong message about Nigeria’s growing influence in global innovation and SME development . Speaking before an audience of ministers, policymakers, and global innovation leaders, Enoh emphasized that Nigeria sees MSMEs —not just as small businesses—but as key drivers of economic diversification, job creation, and inclusive growth . “With over 39 million MSMEs contributing 84% of total employment, we are investing in national resilience and the architects of our economic future.” Major Reforms Empowering Nigerian Entrepreneurs The Nigerian delegation highlighted several major reforms and initiatives aimed […]

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