A Memorandum of Understanding (MoU) signed between the National Information Technology Development Agency (NITDA), Flutterwave, and Alami focuses on four key areas to accelerate Nigeria’s digital transformation and strengthen its economy. These four focus areas are:
- Strengthening Public-Private Partnerships through Digital Payment Infrastructure and Technology Financing
- Digital Nigeria Week 2025: Showcasing Payment Innovations, Workshops, & Panel Discussions
- Empowering SMEs & Startups
- Fostering Strategic Partnerships
The MoU also includes collaboration on NITDA’s key initiatives, such as the National Digital Economy Policy and Strategy (NDEPS), NITDA Strategic Roadmap and Action Plan (SRAP 2.0), Innovation and Entrepreneurship Programmes, Digital Literacy and Skills Development, and Cybersecurity.
During the signing ceremony in Abuja, NITDA’s Director General, Kashifu Inuwa Abdullahi, underscored the importance of public-private partnerships. “Flutterwave’s innovative fintech solutions align with our vision for a thriving digital economy. Slow digital adoption among SMEs has hindered economic growth, and through this collaboration, we aim to provide businesses with the resources and infrastructure needed for digital transition,” he stated.
Inuwa also emphasized the importance of strengthening NITDA’s engagement with private sector players like Flutterwave to accelerate digital transformation. He called the partnership a vital step towards achieving shared goals, adding that the goal is to equip Nigerian businesses with the tools to embrace digital solutions, enhance economic growth, create jobs, and ensure inclusive access to the benefits of a digital economy.
Flutterwave’s Founder and CEO, Olugbenga ‘GB’ Agboola, expressed confidence in the partnership’s potential to empower SMEs. “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,” he said.
This collaboration represents a significant step in Nigeria’s digital transformation journey, demonstrating NITDA’s commitment to fostering an inclusive, innovative, and sustainable digital future.