Vice President Yemi Osinbajo expresses optimism that African Development Bank (AfDB)’s 600 million dollars’ support fund

Written by on December 20, 2021

President Yemi Osinbajo has expressed optimism that the African Development Bank (AfDB)’s 600 million dollars’ support fund for digital and creative enterprise in Nigeria will be ready by early 2022.

Osinbajo said this at an interactive session with grandaunts of Edo Tech Park, in Benin City, Edo, on Friday.

He said that the Federal Government was committed to supporting young tech entrepreneurs and creating enabling environment for them to thrive.

According to him, one of the reasons why Nigeria has a good number of successful Fintechs is because of the creativity council.

The vice president said that several of these companies had become billion dollar companies because a space was opened up for them.

According to him, too much government involvement in the business space will create chaos, hence it is better for it to operate as a regulator.

Ango Bally


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