More than 2,000 young Nigerians have completed a government‑aligned training programme focused on digital skills and entrepreneurship, designed to enhance the growth and productivity of small and medium enterprises (SMEs) nationwide. The initiative emphasises equipping youth with the tools and knowledge necessary to integrate technology into their businesses and improve competitiveness in a rapidly digitalising economy.
Read also: FairMoney highlights SME contributions to Nigeria’s economy
Training programme and objectives
The programme included workshops on information and communication technology (ICT), e‑commerce management, digital marketing and financial literacy. Trainees learned how to use digital platforms to expand their customer base, improve business operations, and access online markets efficiently. Officials highlighted that SMEs with digitally savvy leaders are more likely to scale successfully, access funding and participate in national and global supply chains.
Organisers stated that the programme forms part of a broader effort to strengthen the Nigerian economy by developing a new generation of entrepreneurs capable of leveraging technology for business growth. The initiative also addresses gaps in traditional education, where many young people lack practical business and digital skills relevant to the modern economy.
Read also: Ecobank Nigeria launches digital business app to support SMEs
Implications for SMEs
SMEs that implement digital solutions benefit from lower operating costs, improved market visibility, and more efficient customer service. With the growing adoption of e‑payment systems and online marketplaces, training in these areas allows small businesses to compete with larger companies and expand beyond local markets. Experts note that the programme is likely to improve youth employment prospects and reduce reliance on informal jobs.
Additionally, financial literacy components prepare entrepreneurs to manage cash flows, budget effectively, and plan investments, which strengthens overall enterprise resilience. By combining technology with business acumen, participants can increase the survival rate of SMEs, a sector that contributes significantly to Nigeria’s GDP and employment.
Read also: Inclusive forex access could boost SME trade, says CBN official
Long-term impact
Officials and industry observers expect that the programme will catalyse SME growth and innovation across multiple sectors. By enabling youth to adopt modern business practices, the initiative could create a pipeline of successful digital entrepreneurs capable of stimulating economic growth. As Nigeria continues to focus on digital transformation, similar initiatives are anticipated to expand, reaching more youth and SMEs across states.
This programme underscores the critical role of digital skills in enhancing SME competitiveness, fostering entrepreneurship, and supporting sustainable economic development in Nigeria.
