Nigeria is making news in the IT sector with a new project that aims to teach 1,000 young people a year dedicated to artificial intelligence (AI) and blockchain technologies.
This forward-looking project is part of Nigeria’s National Digital Economy Policy and Strategy for 2020-2030. The programme aligns with the government’s goals of being globally competitive through the use of new technologies.
AI and Blockchain Initiative Launched
Vice President Kashim Shettima spearheaded the inauguration of the Blockchain and AI Technology Expertise Training and Outsourcing Initiative at a recent ceremony in Jigawa.
In his opening address, Shettima highlighted Nigeria’s mission and vision, which is not only to catch up but also to transcend norms in terms of technical development.
AT THE LAUNCH OF THE BLOCKCHAIN OUTSOURCE/MSME CLINIC IN JIGAWA:
Nigeria is set to overtake other global economies and technologies – VP Shettima
* Announces N150,000 grant from Federal Government for every business owner
* In partnership with Gluwa, we train 1,000 technology experts per year
The vice president,… pic.twitter.com/GfB2KwDmsH
– Senator Kashim Shettima (@officialSKSM) July 23, 2024
Malam Umar Namadi, Governor of Jigawa State, described the programme as a rare opportunity for the youth. He encouraged everyone to enter the digital world of ICT outsourcing and reap the benefits including job creation and economic growth.
The initiative aims to equip young Nigerians with the tools to enter the global job market and boost creativity, thereby establishing Nigeria as a leader in digital transformation across Africa.
This project is expected to create a national network of technology hubs to stimulate economic development and future innovation.
Image: ReadWrite
Financial support and strategic partnerships
Separated from Training programNigeria is improving its technical ecosystem through financial incentives and alliances with relevant agencies.
In addition to training, Nigeria is improving its tech ecosystem through strategic alliances and financial incentives. The government is working with tech startup Gluwa to train 1,000 Nigerians annually in AI, blockchain, and other sophisticated technologies. The cooperation emphasizes supporting local talent and a robust fintech environment.
Expanding the boundaries of research
In line with Nigeria’s commitment to technological development, the National Information Technology Development Agency (NITDA) has unveiled plans to establish research facilities focused on developing innovations.
Nestled among Nigeria’s six geopolitical zones, these facilities will focus on important areas such as artificial intelligence, blockchain technology, Internet of Things (IoT), unmanned aerial vehicles (or popularly, drones), additive manufacturing, robotics, to name a few.
Meanwhile, President Bola Ahmed Tinubu said Micro, Small and Medium Enterprises (MSMEs) will benefit from a cash incentive of N150,000, which is equivalent to about $90.
The Nigerian government aims to encourage innovation and entrepreneurship within the country’s technology industry by offering financial incentives to these economic pillars.
Featured image by ThoughtCo, chart by TradingView