NITDA, Flutterwave, Alami ink MoU to enhance digital transformation, FinTech in Nigeria

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Malam Kashifu Inuwa Abdullahi, CCIE, Director-General of NITDA (middle); Olugbenga Agboola, CEO of Flutterwave (r); and Ms. Olu White, Chief Executive of Alami, During the Signing of the MoU with the Agency, in Abuja, FCT         Photo: NITDA

*The National Information Technology Development Agency signs a strategic partnership agreement with Flutterwave and Alami, tech firms, to strengthen collaborations on Financial Technology, innovation, digital literacy, infrastructure development, and promoting open-source technology across Nigeria

Isola Moses | ConsumerConnect

In a bid to drive digital transformation, and strengthen the Nigerian economy, the National Information Technology Development Agency (NITDA) has inked a strategic partnership agreement with Flutterwave, Africa’s leading payments technology company, and Alami, a private limited liability company with focus on empowering young entrepreneurs and Small and Medium Enterprises (SMEs) in the technology and creative industries in the country.

ConsumerConnect reports NITDA noted the collaboration with the two tech firms aligns with its commitment to implementing the National Digital Economy Policy and Strategy (NDEPS), and ensuring that Nigerian SMEs are equipped with the necessary tools to thrive in the digital era.

The Information Technology (IT) sector regulatory agency

The agency disclosed the partnership evolved, following a meeting between Malam Kashifu Inuwa Abdullahi, CCIE, Director-General of NITDA; Olugbenga Agboola, CEO of Flutterwave; and Ms. Olu White, Chief Executive of Alami.

The MoU is designed to strengthen collaborations on Financial Technology (FinTech) innovation, digital literacy, infrastructure development, and promoting open-source technology, said NITDA.

According to the IT industry regulator, the parties to the MoU would be working together to bridge the digital divide by promoting digital literacy, fostering fintech innovation, and creating an enabling environment for businesses to leverage secure and efficient financial solutions in the West African country.

Speaking on the partnership with the tech companies, Inuwa, emphasised the significance of public-private collaboration in achieving the Nigeria Digital Economy aspirations.

The Director-General of NITDA stated: “Flutterwave’s innovative FinTech solutions align with our vision for a thriving digital economy.

“Slow digital adoption among SMEs has been a major obstacle to economic growth, and through this collaboration, we aim to provide businesses with the resources and infrastructure needed to transition into the digital age.”

He equally underscored the importance of strengthening NITDA’s engagement with key private sector players like Flutterwave to accelerate digital transformation.

Inuwa: We’re poised to deliver on inclusive access, opportunities of digital economy

Inuwa explained: “This partnership is a vital step towards achieving shared goals for digital transformation, showcasing our commitment to the betterment of Nigeria in line with the President’s Bola Ahmed Tinubu Renewed Hope Agenda.”

He also emphasised that by equipping Nigerian businesses with the tools to embrace digital solutions, the agency  aims to enhance economic growth, create job opportunities, and ensure inclusive access to the benefits of a digital economy.

“Together, we are committed to building a resilient and sustainable digital future for all Nigerians,” stated the Director-General of NITDA.

In his remarks also, Olugbenga ‘GB’ Agboola, Founder and CEO of Flutterwave, expressed confidence in the potential  of the partnership to empower SMEs in Nigeria.

Agboola said: “Many small businesses in Nigeria struggle to fully embrace digital solutions, and we believe that by providing seamless and secure payment technologies, we can help them scale with confidence.

“Our collaboration with NITDA reinforces our dedication to fostering a truly inclusive digital economy.”

It is as well noted that the agency’s partnership with the two tech firms would focus on Strengthening Public-Private Partnerships (PPPs) through Digital Payment Infrastructure and Technology Financing; Digital Nigeria Week 2025: Showcasing Payment Innovations, Workshops & Panel Discussions, Empowering SMEs & Startups, and Fostering Strategic Partnerships.

The agency stated that the MoU would dwell on collaboration on its Key Initiatives, such as the National Digital Economy Policy and Strategy (NDEPS), Strategic Roadmap and Action Plan (SRAP 2.0), Innovation and Entrepreneurship Programmes, Digital Literacy and Skills Development, and Cybersecurity.

This collaboration, NITDA averred, represents a major milestone in Nigeria’s journey toward digital transformation, demonstrating the agency’s commitment to fostering an inclusive, innovative, and sustainable digital future for all Nigerian consumers.

 



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