News Highlights:
- The partnership will empower SMEs and drive digital transformation
- It will strengthen Public-Private collaboration for economic growth
The National Information Technology Development Agency (NITDA) has entered into a strategic partnership with Flutterwave, Africa’s leading payments technology company, and Alami, a private limited liability company.
This collaboration, formalized through a Memorandum of Understanding (MoU), aims to empower young entrepreneurs and small and medium-sized enterprises (SMEs) in the technology and creative industries, and seeks to drive digital transformation and bolster Nigeria’s economic growth.
NITDA said in a statement made available to Digital TimesNG that this collaboration aligns with the Agency’s commitment to implementing the National Digital Economy Policy and Strategy (NDEPS) and ensuring that small and medium-sized enterprises (SMEs) are equipped with the necessary tools to thrive in the digital era.
The partnership came following a meeting between NITDA’s Director General, Kashifu Inuwa, the CEO of Flutterwave, Olugbenga Agboola, and Alami’s CEO, Ms. Olu White, to strengthen collaborations on FinTech innovation, digital literacy, infrastructure development, and promoting open-source technology.
The Parties will be working together to bridge the digital divide by promoting digital literacy, fostering fintech innovation, and creating an enabling environment for businesses to leverage secure and efficient financial solutions.
Speaking on the partnership, the Director General of NITDA, Kashifu Inuwa Abdullahi, emphasised the significance of public-private collaboration in achieving Nigeria’s digital economy aspirations.
“Flutterwave’s innovative fintech solutions align with our vision for a thriving digital economy. Slow digital adoption among SMEs has been a major obstacle to economic growth, and through this collaboration, we aim to provide businesses with the resources and infrastructure needed to transition into the digital age,” he stated.
Inuwa also underscored the importance of strengthening NITDA’s engagement with key private sector players like Flutterwave to accelerate digital transformation.
“This partnership is a vital step towards achieving shared goals for digital transformation, showcasing our commitment to the betterment of Nigeria in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda,” he added.
By equipping Nigerian businesses with the tools to embrace digital solutions, we aim to enhance economic growth, create job opportunities, and ensure inclusive access to the benefits of a digital economy. Together, we are committed to building a resilient and sustainable digital future for all Nigerians.
Flutterwave’s Founder and CEO, Olugbenga ‘GB’ Agboola, expressed confidence in the partnership’s potential to empower SMEs, saying “Many small businesses in Nigeria struggle to fully embrace digital solutions, and we believe that by providing seamless and secure payment technologies, we can help them scale with confidence.
“Our collaboration with NITDA reinforces our dedication to fostering a truly inclusive digital economy,” he said.
The partnership will focus on strengthening Public-Private partnerships through Digital Payment Infrastructure and Technology Financing; Digital Nigeria Week 2025: Showcasing Payment Innovations, Workshops & Panel Discussions, Empowering SMEs & Startups, and Fostering Strategic Partnerships.
Furthermore, the MoU will focus on Collaboration on NITDA’s Key Initiatives like the National Digital Economy Policy and Strategy (NDEPS), NITDA Strategic Roadmap and Action Plan (SRAP 2.0), Innovation and Entrepreneurship Programmes, Digital Literacy and Skills Development, and Cybersecurity.
This collaboration represents a major milestone in Nigeria’s journey toward digital transformation, demonstrating NITDA’s commitment to fostering an inclusive, innovative, and sustainable digital future for all Nigerians.
