The Japanese International Cooperation Agency (JICA) has signed an agreement to implement the Startup Hub Project with the Chief Consultant, Consortium of Oriental Consultants Global Co., Ltd., Intem Consulting Inc., and Yachiyo Engineering Co. Ltd., which the National Information Technology Development Agency (NITDA) has contracted to do so.
As noted above, Senator Atiku Bagudu, the minister of budget and economic planning, signed the MoU on behalf of the Federal Government of Nigeria on April 10th, 2025, while Yuzurio Susumu, the head of the JICA Nigeria Office, signed on behalf of the Japanese government to promote innovation, support emerging businesses, and provide a world-class facility with modern digital technologies and collaborative workspaces.
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Two crucial elements make up the project. The first phase, which will cost $ 40 million, will be led by the Nigeria Sovereign Investment Authority (NSIA), while the second is the creation of a cutting-edge Start-Up Hub, which will cost $ 1.2 million.
Kashifu Inuwa Abdullahi, NITDA’s director general, praised the Agency’s ongoing partnership with JICA, particularly through its iHatch initiative, which has already created over 117 direct and indirect jobs.
Source: Channels TV
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