World Bank $500m Facility: A Game-changer For Nigeria’s Digital Economy – Rep. Adedeji Stanley Olajide

Ibadan Northwest/Southwest Federal Constituency lawmaker, Hon Dhikirulahi Adedeji Olajide, has described the World Bank’s $500 million facility to Nigeria as a “game-changer” for the country’s digital economy.

In a statement issued on Monday, Olajide, who is also the Chairman of the House Committee on ICT and Cyber Security, said the facility would help to accelerate the development of Nigeria’s digital economy and create jobs for millions of Nigerians.

“This is a major boost for our digital economy and it will help us to leapfrog into the 21st century,” Olajide said. “The facility will be used to support the development of digital infrastructure, skills training, and innovation in the country’s digital sector.”

He added that the facility would also help to bridge the digital divide between urban and rural areas of the country.

“This is a very important issue, as it will ensure that everyone in Nigeria has access to the benefits of the digital economy,” Olajide said.

He commended the Federal Government for securing the facility and urged them to ensure that it is used effectively.

“This is a great opportunity for Nigeria to become a digital leader in Africa. I urge the government to seize this opportunity and make the most of it,” Olajide said.

The statement quoted Olajide as saying: “I am particularly excited about the facility’s focus on digital infrastructure, skills training, and innovation. These are the key areas that need to be addressed if we are to truly transform our digital economy.”

He concluded by saying that the facility was a “historic moment” for Nigeria and that he was confident that it would help to make the country a global leader in the digital economy.