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HomeTop NewsNigeria's start-up firms attract $170 mln in 2020 ~Investment minister

Nigeria’s start-up firms attract $170 mln in 2020 ~Investment minister

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Start-up firms, largely driven by young Nigerians, attracted $170 million in the past year, which was the highest on the African continent, Minister of Industry, Trade and Investment, Niyi Adebayo has said.

He praised Vice President Yemi Osinbajo for his role in driving the initiative to fruition and support of the United Nations Development Programme (UNDP).

Adebayo, who spoke at the lunch of Nigeria Jubilee Fellows Programme in Abuja on Tuesday said the government remains appreciative of the role of private sector in transforming economies by creating employment and employment opportunities and investments.

READ ALSO: President Buhari attributes GDP growth to focus on job creation, policy consistency

The Resident Representative of UNDP, Mohammed Yahya assured that the UN will continually support Nigeria to move human potentials across the country to capacities and skills that will place the country on a better pedestal.

“Each day, young Nigerians continue to break barriers with their capacity and ingenuity.

“Young Nigerians have produced outstanding innovations. There is no shortage of talents in Nigeria,” he said.

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