Moniepoint, Nithub partner on tech talent development

In line with the resolve of the Ministry of Communications, Innovation and Digital Economy to build a robust framework for the training of one million technical talents over the next three years and the Presidency’s goal of creating two million digital jobs. Nithub University of Lagos in partnership with Moniepoint Inc, a digital financial services provider, has announced the graduation of the pioneer cohort from its HatchDev programme.

This nine-month specialised training, sponsored by Moniepoint, is designed to produce hundreds of market-ready software engineers every year.

In Nigeria, where the digital economy is rapidly expanding, there is a pressing need for skilled tech talent. According to estimates, there are only around 115,000 developers in Nigeria, highlighting a significant talent shortage that hampers the growth of the tech sector. Recognizing this challenge, Moniepoint in partnership with Nithub is taking proactive steps to bridge the gap and empower the youth with valuable skills for a brighter future.

The programme with a strict recruitment policy, which began in October 2022, aspires to yearly shape 300 junior software engineers, 100 intelligent systems developers, and 100 IoT/embedded systems engineers. These professionals, upon completion of the course, will be readily absorbed into a market eager for their expertise. The programme’s structure is such that it starts with nine months of classroom-based training, culminating in a three-month industry-specific internship.

Speaking on the success of the initiative, Vice President, Engineering, Moniepoint, Chukwudum Ekwueme, expressed their enthusiasm, saying, “Nigeria is a booming economy and with the innovative contributions of tech businesses, like Moniepoint, that are solving some of society’s critical issues, it is very gratifying to be a significant part of those giving local talent the training and tools they need to compete on a global stage.

Also, this initiative aligns perfectly with our vision of empowering the next generation of tech leaders. We believe that by investing in talent development, we can accelerate Nigeria’s growth in the digital economy and contribute to the overall prosperity of our great nation.”

NitHub Director and HatchDev Project Lead, Dr. Victor Odumuyiwa, said: “Nigeria is at a critical inflection point at the moment as we continue to grow and develop our economy. As a new wave of technology companies emerge, and with increased digitalisation in every aspect of life, we must have the local talent available here to ensure homegrown businesses can reach their full potential. That’s why courses like HatchDev are so valuable – we’re training Nigeria’s top future talent. We’re delighted to be working with Moniepoint to help bring this vision to life.”