Monday, October 19, 2026

NITDA, NACCIMA partner to boost startup investment

Both organisations are also collaborating to increase commercial opportunities for Nigerian startups and enterprises.

• October 19, 2026
NITDA, NACCIMA
NITDA, NACCIMA

The National Information Technology Development Agency (NITDA) and Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) have partnered to boost private-sector investment.

Both organisations are also collaborating to increase commercial opportunities for Nigerian startups and enterprises, according to a joint statement on Monday.

The statement was signed by NITDA spokesperson Hadiza Umar and Segun Olugbile, NACCIMA Digital Economy Coordinator and Chairman, Digital Economy Trade Group.

“Under this partnership, NACCIMA serves as an official private-sector investor pipeline. NACCIMA also serves as a commercial off-taker facilitator for NITDA-backed startups, technology ventures, and enterprise financing initiatives.

“The collaboration bridges the gap between government technology supply, innovators, regulatory frameworks, and real-sector demand.

“This will run across NACCIMA’s nationwide network of over 120 city, state, and bilateral chambers, as well as industrial conglomerates,” it said.

The statement said the partnership would prioritise three initiatives, including private-sector mobilisation for the Digital Nigeria International Conference and Exhibition (DNICE) 2026.

The other two initiatives include an artificial intelligence (AI) enterprise accelerator and a digital trust mark platform.

It said DNICE 2026 was scheduled to be held in Abuja from November 10 to 12, with NACCIMA expected to facilitate business-to-business deal rooms.

‘’NACCIMA will also mobilise corporate investors and venture capital firms, and connect indigenous startups with potential buyers,‘’ it said.

It said NITDA Director-General Kashifu Inuwa noted that the partnership would help indigenous startups move beyond developing technology solutions to securing corporate buyers, domestic investment, and sustainable commercial contracts.

It also said NACCIMA National President Jani Ibrahim stated that the association was committed to connecting traditional industries, including agriculture, manufacturing, trade and mining, with innovative digital solutions.

‘’The collaboration will also leverage technical talent under the Federal Government’s 3 Million Technical Talent programme to improve enterprise productivity and build a resilient economy,” Mr Ibrahim said.

The statement said that both organisations established a Joint Technical Working Group to coordinate the implementation.

It said the group would be co-chaired by the director of special duties at NITDA, Aristotle Onumo, and NACCIMA national digital economy  oordinator, Segun Olugbile.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Health

Kenyan authorities confirm eighth Ebola case as patient attendant tests positive

Mr Amoth added that 38 people were tested on Sunday, with one coming back positive for the Bundibugyo strain of Ebola.

Lagos assembly in a session.

States

Lagos assembly unveils 2026 Speaker’s Games

Deputy Speaker Mojisola Meranda described the games as a platform to foster wellness, teamwork, and closer ties among workers.

Jumoke Oduwole

Economy

Nigeria’s capital importation hit $23 billion, reserves surpassed $50 billion: Minister

The minister added that foreign exchange reserves had risen from more than $40 billion to over $50 billion.

Armed policemen

States

Police nab suspects over theft of N4.5 million armoured cable in Adamawa

Mr Nguroje added that the suspects were in police custody and would be charged in court once the investigation concluded.

Crashed aircraft

States

NAF sustains recovery operation at crashed aircraft site in Igbokoda as water level drops

The Chief of Air Staff, Sunday Aneke, commended the dedication of all recovery personnel and partner agencies.

doctors in Kwara State

Health

Kwara ‌doctors among least paid in Nigeria: NMA

The NMA chair raised concerns over manpower shortages, poor welfare, excessive workload and alleged unauthorised salary deductions.