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Facebook Accelerator Nigeria Opens with Season Two Bootcamp

Following the successes and impact of the first season of its research and mentorship-driven accelerator programme, Facebook Accelerator, Nigeria, Facebook today announced in partnership with Co-Creation Hub, the commencement of season two of its programme which is aimed at supporting and empowering students and entrepreneurs to build locally relevant solutions using advanced technology.
For the first time, applications for this year’s programme stretched beyond Nigeria, and included Ghanaian innovators. The final teams, made up of eight startups and four student teams, will be part of a six-month program which aims to aid innovative and visionary applicants in creating solutions with advanced technologies.
The research and mentorship-driven program will provide the teams with access to product and industry experts, as well as deeper knowledge in how to optimize solutions which leverage technology such as Artificial Intelligence (AI), Internet of Things (IoT) Data Science, Augmented Reality (AR) and Virtual Reality (VR).
Like its first edition, this year’s bootcamp will be held at Facebook’s flagship Community Hub space, NG_Hub. The student teams taking part will be provided with equity free funding of $10,000, whilst the Startup teams will be provided with $20,000 in equity free funding. Both teams will also have access to technical and business mentors from the Facebook and the CcHUB network as well as free working space at NG_Hub.
Twelve teams selected from Nigeria and Ghana will be unveiled on Friday, September 27 with a demo event which will provide an opportunity for the teams to pitch and showcase a demo of their solutions.
Adaora Ikenze, Head of Public Policy for West Africa commented: “We’re delighted to be bringing this programme back for a 2nd year to NG_Hub, and for the very first time including Ghanaian innovators.
The success of last year’s programme, which saw the graduating teams cumulatively raise over $400,000 in investments and grants as at April 2019, reinforces the amazing talent pool and groundbreaking solutions we see being created from across the continent and here in Nigeria. Young innovators using cutting edge technologies to build solutions that are both locally and globally relevant.”
Bosun Tijani, Founder and Chief Executive Officer of Co-Creation Hub Nigeria, added: “Facebook Accelerator as the first deep tech acceleration programme in the region has been a great initiative for all of us at CcHUB to support.
We are extremely proud of the contribution and dedication from Facebook and all of our partners in leveraging the programme to inspire and support a new generation of entrepreneurs and makers.
Fbstart is a unique platform for discovering and enabling technology solutions that are capable of creating significant economic impact and we look forward to working with Facebook in incubating more great minds in the region to build a world we’ll all be proud of.”
The teams accepted are VNTS, Appruve, Curacel Systems, Neohaul Technologies, Chekkit Technologies LLC, VMEDKIT, Gradely and Simbi Interactive. Four student teams; Vinsighte, Mus-Comm, InventOne and GESAL also made the cut.
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Anambra Shines in 2025 E-Governance Rankings, Setting National Standards

Anambra State has once again demonstrated its leadership in digital transformation, emerging as one of Nigeria’s top three states in the 2025 e-Governance Report published by the Panorama CIAPS Governance Performance Index (CGPI).
According to the report — a collaborative effort between Nigerian Panorama and the Commonwealth Institute of Advanced Professional Studies (CIAPS) — Anambra ranks alongside Lagos and Enugu as the leading states in adopting and implementing e-governance practices that foster accountability, transparency, and improved service delivery.
In his remarks, Professor Anthony Kila, Director of CIAPS, emphasized the importance of e-governance in shaping how governments interact with citizens. “The centrality of e-governance allows us to assess the performance of state governments in the country. How the government treats the digital world says a lot about them,” he said.
The report evaluated states based on a comprehensive set of criteria, including website security, up-to-date content, public engagement, availability of online services, policy updates, and user accessibility. Anambra’s performance reflects the state’s deliberate investment in digital infrastructure and its commitment to leveraging technology as a tool for inclusive governance.
Reacting to the recognition, the Managing Director/CEO of the Anambra State ICT Agency, Chukwuemeka Fred Agbata, CFA, described the report as a welcome validation of the efforts being made under the leadership of Prof. Charles Chukwuma Soludo, CFR, to reposition Anambra as a liveable and prosperous smart mega-city.
“This is not just about being tech-savvy,” Agbata said. “It’s about using digital tools to create real impact — making the government more accessible, responsive, and transparent. Anambra is building a digital future that works for everyone.”
The CGPI Report recommended that all states intensify efforts to train public servants, maintain digital platforms effectively, and build user-friendly systems that keep citizens informed and empowered. For Anambra, this recognition serves both as a milestone and a motivation to scale new heights.
As the journey continues, Anambra remains focused on setting the pace for e-governance in Nigeria in line with the Governor’s mantra of Everything Technology & Technology Everywhere.
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SERAP Urges National Assembly to Reject Tinubu’s $24Bn Loan Request Over Debt Concerns

Socio-Economic Rights and Accountability Project (SERAP) has urged the National Assembly to reject the Tinubu administration’s request to borrow $24 billion, warning that the move would significantly deepen Nigeria’s debt crisis.
In a statement posted on its official X account, the advocacy group warned that the proposed borrowing would raise Nigeria’s total debt stock to an estimated ₦183 trillion—an amount it described as “clearly not sustainable and not in the public interest.”
“The National Assembly must immediately refuse to approve the Tinubu administration’s request to borrow $24 billion,” the group said. “The growing national debt is not sustainable and not in the public interest.”
SERAP expressed concern over the heavy burden of debt servicing, which it said is already consuming a substantial portion of government revenue, leaving little room for critical public investment.
Nigeria’s total public debt is projected to surpass ₦180 trillion following the president’s latest loan request. The borrowing plan includes a proposal for over $21.5 billion in external loans, which equates to ₦33.39 trillion at the official exchange rate of ₦1,590 per dollar. The administration is also seeking approval for a domestic bond issuance worth ₦757.9 billion to settle outstanding pension liabilities.
President Tinubu said the 2025–2026 borrowing plan targets key sectors such as infrastructure, healthcare, education, water supply, security, and employment generation. He noted that the plan is also intended to cushion the economic impact of fuel subsidy removal.
The total loan request comprises $21.5 billion, €2.19 billion, and 15 billion Japanese Yen, alongside a €65 million grant. Tinubu assured lawmakers that the funds would be directed toward development projects across all 36 states and the Federal Capital Territory, with emphasis on rail networks, healthcare infrastructure, and poverty alleviation programs.
On pension-related borrowing, the president explained that the proposed bond issuance is aimed at clearing backlogs under the Contributory Pension Scheme. The measure, he added, has already received approval from the Federal Executive Council and is expected to improve retirees’ welfare, restore trust in the pension system, and inject liquidity into the economy.
Nigeria’s public debt has surged in recent years, rising by 48.6% in 2024 to ₦144.66 trillion—up from ₦97.34 trillion in 2023. The Federal Government accounts for 95% of that total.
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