Former Minister of Finance, Mrs Kemi Adeosun, has established a new platform, Nidacity, to equip Nigeria’s entrepreneurs, particularly young and female founders, with the practical education, mentorship, and timely business intelligence they need to build resilient and thriving businesses.
Nidacity, a private sector educational media platform dedicated to entrepreneurs, officially went live yesterday at www.nidacity.com.
Adeosun, alongside a group of entrepreneurs and professionals, seeks to tackle Nigeria’s 95 per cent start-up failure rate through Nidacity – beginning with a landmark national survey on the roots of Nigerian enterprise.
She said the launch of Nidacity had become necessary due to the human cost of start-up failures in every community across the country.
According to her, Nigeria’s entrepreneurs are already doing something extraordinary — they are creating the vast majority of jobs in the country, from the ground up, often with very little support.
The former minister described Nidacity’s first major initiative, the “Many Roads” Survey, as a landmark digital survey and living archive of Nigerian enterprise history.