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SMEDAN, EFCC Move to Equip Young Entrepreneurs Against Cybersecurity Threats

James Emejo in Abuja Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Economic and Financial Crimes Commission (EFCC) said they are working on a joint framework to

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Economic and Financial Crimes Commission (EFCC) are collaborating to enhance cybersecurity and digital business skills among young entrepreneurs. This joint framework aims to combat cybersecurity threats, financial misconduct, and unethical business practices in Nigeria's growing digital economy.

The partnership stems from a meeting between SMEDAN's Director-General, Charles Odii, and EFCC Chairman, Ola Olukoyede. The proposed collaboration will integrate SMEDAN’s ICSS curriculum into EFCC’s cybersecurity training programs while the anti-graft agency is to participate in selected SMEDAN training programs for entrepreneurs.

The initiative intends to provide beneficiaries with essential knowledge regarding digital risks, including cybersecurity threats, financial misconduct, and unethical practices. EFCC Chairman, Ola Olukoyede, highlighted the importance of equipping young people with legitimate economic opportunities and skills to steer them away from activities that could undermine the country's economy and international image.

SMEDAN's Charles Odii emphasized the need for a broader approach to enterprise development, given the increasing participation of young Nigerians in digitally enabled businesses. The agencies aim to explore specific areas for joint training and institutional support as the partnership progresses.

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