UK announces £70m programme to create 100,000 jobs in Nigeria

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The UK Government has announced a new £70-million programme to create 100,000 jobs in Nigeria, says the Minister of State for Africa, Harriett Baldwin.

Baldwin said this during a business event as part of the activities for Prime Minister Theresa May’s visit to Nigeria on Wednesday.

Baldwin, who led a business delegation to the event, said that the programme would raise the income of three million people from the poorest parts of Nigeria.

“We are here today to talk about technology links between the UK Fintech (financial technology) sector and the Nigerian Fintech sector and will bring inward investment in terms of this important sector of technology.

“Today, it is all about celebrating those links through technology and I am very excited that the Prime Minister is announcing today a new £70 million programme that will create some 100,000 jobs in Nigeria and will also raise the income of three million people from the poorest parts of Nigeria.”

The minister said that the event was celebrating the role of growing businesses and entrepreneurs and also highlighted the partnerships of both countries in the area of technological development.

She added that the delegation consisted of various UK businesses were willing to invest “the kind of capital that creates jobs”.

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