FG promises support for ‘entrepreneurship village’ project.

FG promises support for ‘entrepreneurship village’ project.

Food entrepreneur Essie Bartels buys spices from trader Aisha Ibrahim at Makola market in Accra AFP.

The Federal Ministry of Innovation, Science and Technology has announced its willingness to support the Entrepreneurship Village (E-Village) project, which is being planned for Akure, Ondo State.

The Minister of Innovation, Science and Technology, Chief Uche Nnaji, disclosed this during a meeting with the stakeholders of the E-Village in Abuja on Tuesday.

The minister, who acknowledged the pivotal role such an initiative like E-Village will play in driving innovation, job creation, and economic growth, noted that the initiative aligns with the ministry’s vision for a tech-driven future.

“The Entrepreneurship Village aligns with our vision for a tech-driven future, and I am excited to endorse and support this endeavour wholeheartedly,” the minister said.

Also, Nnaji stressed that the initiative represents a crucial step towards positioning Nigeria as a hub for technological innovation and added that the ministry will not hesitate to make collaborative efforts and policy initiatives aimed at propelling the Entrepreneurship Village to greater heights.

Speaking earlier on behalf of other stakeholders, the President of Africa’s Young Entrepreneurs, Dr. Summy Francis, explained that e-village is a social impact and legacy project that addresses the need that the African economy currently faces in the education, entrepreneurship, and infrastructural sector.

In addition, Francis disclosed that the entrepreneurial ecosystem provided by e-village ensures that budding entrepreneurs are identified, trained, supported, and produced to help the economy create jobs and solve the many challenges currently experienced and yet to be experienced on the continent.

The E-Village will house institutions such as the New York Institute of Finance, the London Academy Business School , the Metropolitan School of Business and Management, UK, and the School of Robotics and Artificial Intelligence.

Also, it will house the Octagon Business Hub, Megamindz Creative Academy, and Research Cube, amongst other institutions that would enhance human capacity development.