Wema Bank Plc and the Federal Government have teamed up to launch digital and skill innovation hubs across the nation’s states.
The goal is to equip one million young people with useful digital and other skills.
At a meeting between Vice President Kashim Shettima and executives of the bank in Abuja, they decided upon the project referred to as FGN/ALAT Digital and SkillNovation Hub.
In addition, According to a statement made public yesterday, the program was in line with the administration of President Bola Tinubu’s pledge to increase the number of digital jobs available to young Nigerians.
Also, Wema Bank has over the years been a leader in the banking industry’s digital transformation, dedicated to building a culture of innovation, learning, and growth.
Moruf Oseni, Managing Director, and Chief Executive Officer of Wema Bank, commented on the development and stated that it intended to revolutionize how young employees and entrepreneurs connect with technology, entrepreneurship, and skill development.
“The Digital & SkillNovation Hub reflects our dedication to fostering a thriving ecosystem that empowers Tech-Savvy Youth Entrepreneurs, Youth Entrepreneurs by Nature, and Young Employees, driving economic growth and sustainable progress across the nation. This centralized platform will integrate cutting-edge digital tools, technologies, and resources to streamline digital activities, collaboration, and information sharing,” Oseni claimed.
However, The Digital & SkillNovation Hub will debut in Lagos and Borno states first, with Katsina, Cross River, Anambra, Oyo, and Kano states following suit, according to a statement from the Vice President’s office.
Also, The initiative intends to enable young workers to become an essential component of Nigeria’s workforce, especially those who are deployed through the NYSC, by offering financial solutions, training, and access to key collaborations.
In addition, the statement said that coaches will offer training and upskilling for company growth while experts would mentor 500,000 SMEs throughout Nigeria.
In accordance with the plan, WEMA Bank and the Federal Government will work together to award grants totaling N500 million to techpreneurs and SMEs.
With the aid of specialized tools, the FGN/ALAT Digital SkillNovation hubs will train one million young adults in software engineering, product management, business analysis, cloud computing, and product design.
