In a strategic move to accelerate Nigeria’s digital transformation, the National Information Technology Development Agency (NITDA) has signed a Memorandum of Understanding (MoU) with fintech leaders Flutterwave and Alami. The partnership aims to drive innovation in financial technology, enhance digital literacy, expand infrastructure development, and promote open-source technology.
The agreement was signed during a high-level meeting attended by NITDA’s Director-General, Kashifu Inuwa Abdullahi, Flutterwave CEO Olugbenga Agboola, and Alami CEO Olu White. The collaboration underscores the commitment of both the public and private sectors to strengthening Nigeria’s digital economy in line with President Bola Tinubu’s Renewed Hope Agenda.
According to NITDA, the partnership will focus on several critical initiatives, including:
Strengthening Public-Private Partnerships: Developing digital payment infrastructure and expanding technology financing to support Nigeria’s growing digital economy.
-Digital Nigeria Week 2025: Hosting a major event to showcase payment innovations, conduct workshops and panel discussions, and empower SMEs and startups through networking opportunities.
-Support for NITDA’s Strategic Programs: Aligning efforts with key initiatives such as the National Digital Economy Policy and Strategy (NDEPS), the NITDA Strategic Roadmap and Action Plan (SRAP 2.0), innovation and entrepreneurship programs, digital skills development, and cybersecurity enhancement.
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NITDA described the partnership as a “vital step towards achieving shared goals for digital transformation” and emphasized its role in fostering innovation, entrepreneurship, and inclusive growth.
Expanding Digital Literacy and SME Empowerment
The collaboration is expected to have a significant impact on Nigeria’s digital landscape, particularly in empowering small and medium-sized enterprises (SMEs), improving digital literacy, and creating a more secure and resilient digital ecosystem.
In a related development, NITDA recently partnered with the National Youth Service Corps (NYSC) to train 30 million Nigerians in digital skills under the Digital Literacy for All (DL4ALL) Initiative. The initiative, backed by the Minister of State for Youth Development, Ayodele Olawande, aims to cultivate a highly skilled tech workforce and support the country’s digital economy reforms.
