In a significant move to boost small and medium-sized enterprises (SMEs) in Nigeria, President Bola Tinubu has officially opened a brand-new $12 million entrepreneurship centre located in the heart of Abuja. The facility, funded by South Korea, is set to provide much-needed resources for local businesses.
According to multiple sources, including TVC News and the Voice of Nigeria, President Tinubu was present at the opening ceremony, expressing his excitement about the potential impact this centre could have on Nigeria’s economy. The Whistler Newspaper reported that the centre would focus on supporting Nigerian entrepreneurs, particularly those in the technology sector.
The fact.ng added that construction of the centre was completed recently and marked a significant step towards fostering innovation and entrepreneurship in Nigeria’s capital city. The exact location of the centre has not been disclosed yet.
This development is expected to create jobs, stimulate economic growth, and provide a platform for local entrepreneurs to showcase their ideas and innovations. With the Nigerian government focusing on creating an enabling environment for businesses to thrive, the opening of this entrepreneurship centre is a welcome addition to the nation’s efforts.








