UK backs Nigeria’s digital economy with £15m initiative

Representatives from Nigeria and UK governments engage over multi-million pound investment in the West African country’s digital future.
Representatives from Nigeria and UK governments engage over multi-million pound investment in the West African country’s digital future.

The United Kingdom (UK) has stepped up support for Nigeria’s digital transformation agenda with the launch of a £15 million Growth Programme and a new initiative to accelerate digital governance reforms, broadband investment and technology innovation across the West African country. 

Announced during a two-day visit by UK Minister for Africa and International Development, Baroness Jenny Chapman, the programme forms part of broader efforts to deepen economic cooperation between both countries while positioning technology as a key driver of growth.

A major component of the initiative is the SPRIRET project, which will be delivered under the UK’s Digital Access Programme.

The project is designed to support digital governance reforms in five Nigerian states, reduce regulatory bottlenecks and create a more attractive environment for investment in broadband infrastructure, digital services and emerging technologies.

The announcement comes as Nigeria seeks to expand digital connectivity, boost innovation and attract greater private sector participation in its technology ecosystem.

Beyond digital transformation, the £15 million UK-Nigeria Growth Programme will support economic reforms, unlock private investment and help drive long-term growth.

Discussions between Chapman and Nigeria’s Minister of Finance, Taiwo Oyedele, also centred on deepening technology investment, fintech collaboration, capital market development and technical assistance to drive economic growth – as well as on strengthening trade and investment ties under the UK–Nigeria Enhanced Trade and Investment Partnership framework.

The latest commitments reflect growing UK interest in supporting Nigeria’s digital economy, which has emerged as one of the country’s fastest-growing sectors and a key pillar of efforts to diversify economic growth beyond oil.

Share

Read more
ITWeb proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to enquiries@ombudsman.org.za. Contact the Press Council on 011 484 3612.
Copyright @ 1996 - 2026 ITWeb Limited. All rights reserved.