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Nigeria foresees 1M jobs in digital economy

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By Mercy Kelani

Israel collaborates with Nigeria through I-FAIR program to empower youths.

Michael Freeman, the Israel Ambassador to Nigeria, declared Israeli’s strong commitment to work with Nigeria in securing one million job opportunities through the digital economy. Freeman stated this during a press conference in Abuja for the official inauguration of the 3rd cohort of the Innovation Fellowship for Aspiring Inventors and Researchers (I-FAIR). He expressed his country’s excitement concerning the collaboration with President Bola Tinubu’s administration in the implementation of digital technology for growth. Activities from the conference include a brief video presentation of I-FAIR, the call for nominations and the launching of the program’s website.

He referenced the positive results of the previous two editions of the I-FAIR programme for their provision of mentorship and tools for all Nigerian youths to transform their ideas into practical ventures and promote the country’s economic development. Ambassador Freeman affirmed Israel’s enthusiasm to give their support to the President’s vision — Increasing foreign and local investment to provide one million job opportunities in the digital market. He said that I-FAIR programme will play a significant role in providing jobs, attracting investments and birthing a new era of Nigerian innovators.

I-FAIR is for empowerment of venture creators and entrepreneurs.

Freeman asserted that Nigeria could learn the use of human capital and research development to develop the economy through Israel’s experience. The Founding Partner of Future Africa, Iyinoluwa Aboyaji, commended the effective partnership between Nigeria and Israel, especially on the outcomes of the development and the progressive usage of research for commercial purposes. Aboyaji stated that the mandate is an extremely important one and it can only be effected by the huge support and experience of their partner, Israel, which is mainly to provide one million jobs for Nigerian youths in the digital economy.

From his statement, Aboyaji urged youths to embrace the Innov8Hub programme which serve as an opportunity to acquire success through skill innovation and development. The I-FAIR program is regarded as a partnership effort between the Office of the Vice President of Nigeria and the Embassy of the State of Israel in Nigeria. This initiative is to create empowerment for venture creators, inventors, entrepreneurs, and innovators in Nigeria. The programme originated from the need to correct local challenges with inventive solutions made in Nigeria that will inspire Nigeria.

Third edition of I-FAIR has been officially inaugurated.

Over the past six months, participants were equipped with required resources and support by I-FAIR, making their ideas inventive ones and reliable ventures to provide job opportunities and provide wealth for the citizens and Nigeria at large. The I-FAIR six months programme gives access to selected participants to proficiency, technology, mentorship, and networking opportunities in developing prototypes, investor pitches, products, and businesses. Notable achievements of this initiative has been accounted for through the completion of two editions.

It was recorded that 63 participants with the success of 56 prototypes development has been accounted for the two editions. 1,300 hours of mentorship, developing more than 100 ideas has been provided by the programme. Also, the initiative witnessed intriguing success stories of some participants with I-FAIR such as Thinkbike, Soilless Farm Labs, Quadloop Africa, and Eco Circular solution which pull in investments and establish thriving enterprises. He asserted that many graduated students of I-FAIR are now partnering with fellow Nigerians to contribute to the development of the economy of their fatherland. He added that the I-FAIR’s third edition has been inaugurated officially.

Developing the Nigerian economy is paramount to the President.

At the conference, Ambassador Freeman announced the third edition of I-FAIR programme, stating that the newly elected president, Bola Ahmed Tinubu, affirmed his aim to build and develop Nigeria’s economy in his inaugural policy. In addition, he mentioned the aim of the program to increase foreign and local investments and create one million job opportunities for the youths in digital economy because 45 percent of the GDP is built on human capital and research development. Emphatically, Ambassador Freeman stated the successfulness of the partnership between Nigeria and Israel in the area of commercialization of the development and research of their University.


Related Link

I-Fair: Website


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Ask Nigeria
Admin
5 months ago

Nigeria foresees 1M jobs in digital economyIsrael collaborates with Nigeria through I-FAIR program to empower youths.  – Express your point of view.

Iyanu12345ogg
Iyanu12345ogg
Member
5 months ago

The collaboration between Nigeria and Israel through the I-FAIR program holds immense potential for empowering Nigerian youths, creating jobs, and driving the growth of the digital economy. By leveraging Israel’s expertise and mentorship, Nigeria can accelerate its journey towards becoming a digital powerhouse in Africa and create a sustainable and inclusive digital ecosystem in the country.

Adeolastan
Adeolastan
Member
5 months ago

I think it’s great that Nigeria foresees 1M jobs in the digital economy. The growth of the digital sector is a positive development for the country, and the creation of new jobs will help to address the issue of unemployment, particularly among young people.

The collaboration between Israel and Nigeria through the I-FAIR program is also a positive development. This program will help to empower young people by providing them with the skills and knowledge they need to succeed in the digital economy. .

Abusi
Abusi
Member
5 months ago

If we are projecting these extent of jobs, then when are we getting to that digital economy. There is need for us to revitalise our economy first and strengthen it well, before converting it to digital economy.

Haykaylyon26
Haykaylyon26
Member
5 months ago

The I-FAIR program’s partnership with Nigeria has the potential to significantly benefit Nigerian youth empowerment, job creation, and the development of the digital economy. This will be nice for people to have job in other to be stable financially

Kazeem1
Kazeem1
Member
5 months ago

This is a good collaboration with Israel which will help us the country solve some problem like unemployment I-FAIR program will empower youth there will be 1M jobs in digital economy

Taiwoo
Taiwoo
Member
5 months ago

Another encouraging development is the cooperation between Israel and Nigeria through the I-FAIR program. In order for young people to flourish in the digital economy, they must have the knowledge and abilities that this program will help them acquire. It will solve issue of unemployment in the country

Christiana
Christiana
Member
5 months ago

The expansion of the digital economy is promising for the country as a whole, and the resulting increase in employment opportunities should help reduce youth unemployment and generating millions of jobs through the partnership will help.

SarahDiv
SarahDiv
Member
5 months ago

The collaboration between Nigeria and Israel to train youth in digital technology through the Fellowship for Aspiring Inventors and Researchers will revolutionalize technology amongst our youth and in our country. It will create a lot of employment and jobs opportunities. It is indeed a good innovation.

DimOla
DimOla
Member
4 months ago

It is without doubt that the Innovation Fellowship for Aspiring Inventors and Researchers (I-FAIR) programme brought to light by the partnering of the Israeli with Nigeria will drive the digital economy attracting investors and creating jobs opportunities. It is a promising programme that will generate million jobs for the youth through the digital training.