FG initiative targets capital gap in Nigeria’s creative economy

FG initiative targets capital gap in Nigeria’s creative economy

Nigeria’s Federal Government, through the iDICE initiative, is addressing the capital shortage in its burgeoning creative economy. National Coordinator Ife Adebayo highlighted the abundance of talent but the lack of capital and infrastructure needed for sustainable businesses. The program, implemented by the Bank of Industry, aims to create a financing system for creators, moving them from informal activities to investment-ready enterprises.

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