2024

World

Empower

Frontier

Nigeria is making news in the IT business with a new project that <a href="https://nairametrics.com/2024/07/24/federal-government-unveils-initiative-to-train-1000-nigerians-annually-in-ai-blockchain/" target="_blank" rel="noopener nofollow">aims to teach 1,000 young people</a> a year about artificial intelligence (AI) and blockchain technologies. 
This forward-looking project is part of Nigeria’s broader National Digital Economic Policy and Strategy 2020-2030. The program aligns with the government’s objectives to be competitive in the global stage through the utilization of new technology. 
<h2 id="ai-and-blockchain-initiative-launch">AI And Blockchain Initiative Launch</h2> 
Vice President Kashim Shettima spearheaded the inauguration of the AI Expertise Blockchain and Technology Training and Outsourcing Initiative during a recent ceremony in Jigawa. 
In her address during the opening, Shettima underscored Nigeria’s mission and vission, and that is to not only catch up but transcend norms in terms of technical development. 
<blockquote class="twitter-tweet"> 
 AT LAUNCH OF BLOCKCHAIN OUTSOURCE/MSMES CLINIC IN JIGAWA: 
 Nigeria Poised To Overtake Other World Economies, Technologies – VP Shettima 
 * Announces FG’s N150,000 grant for each business owner 
 * Partners with Gluwa to train 1,000 tech experts annually 
 The Vice President,… <a href="https://t.co/GfB2KwDmsH" rel="nofollow" target="_blank">pic.twitter.com/GfB2KwDmsH</a> 
 — Senator Kashim Shettima (@officialSKSM) <a href="https://twitter.com/officialSKSM/status/1815802805002854913?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">July 23, 2024</a>
</blockquote> 
Malam Umar Namadi, governor of Jigawa State, called the programme a rare chance for young people. He encouraged everyone&nbsp;to enter the digital world of ICT outsourcing and reap its benefits, including job creation and economic growth 
The initiative seeks to provide young Nigerians with the tools required to enter the global workforce and stimulate creativity, therefore establishing Nigeria as a leader in digital transformation throughout Africa. 
This project is anticipated to build a nationwide network of tech hubs to be able to stimulate economic development and future innovation. 
<img loading="lazy" decoding="async" class="aligncenter size-full wp-image-311849" src="https://bitcoinist.com/wp-content/uploads/2024/07/a_5a9627.jpg?resize=1024%2C682" alt="" width="1024" height="682" srcset="https://bitcoinist.com/wp-content/uploads/2024/07/a_5a9627.jpg?resize=1024%2C682?w=1280 1280w, https://bitcoinist.com/wp-content/uploads/2024/07/a_5a9627.jpg?resize=1024%2C682?w=630 630w, https://bitcoinist.com/wp-content/uploads/2024/07/a_5a9627.jpg?resize=1024%2C682?w=768 768w, https://bitcoinist.com/wp-content/uploads/2024/07/a_5a9627.jpg?resize=1024%2C682?w=980 980w, https://bitcoinist.com/wp-content/uploads/2024/07/a_5a9627.jpg?resize=1024%2C682?w=750 750w, https://bitcoinist.com/wp-content/uploads/2024/07/a_5a9627.jpg?resize=1024%2C682?w=1140 1140w" sizes="(max-width: 1000px) 100vw, 1000px" data-recalc-dims="1"> 
<h2 id="financial-support-and-strategic-partnerships">Financial Support And Strategic Partnerships</h2> 
Apart from the<a href="https://techeconomy.ng/fg-to-train-1000-nigerians-in-ai-blockchain/" target="_blank" rel="noopener nofollow"> training programme</a>, Nigeria is enhancing its technical ecosystem by means of financial incentives and alliances with related agencies. 
In addition to training, Nigeria is improving its technical ecosystem through strategic alliances and financial incentives. The government is working with tech startup Gluwa to teach 1,000 Nigerians in AI, blockchain, and other sophisticated technologies each year. This cooperation emphasises supporting local talent and a strong fintech environment. Widening The Research Frontier 
Complying with Nigeria’s dedication to technological development, the National Information Technology Development Agency (NITDA) has bared its plans to set up research facilities concentrated on developing innovations. 
Nestled among Nigeria’s six geopolitical zones, these facilities will focus on important fields such artificial intelligence, blockchain technology, the Internet of Things (IoT), unmanned aerial vehicles (or commonly, drones), additive manufacturing, robotics, to name a few. 
Meanwhile, President Bola Ahmed Tinubu said that micro, small, and medium companies (MSMEs) will get a 150,000 Nigerian nairas cash incentive, which is equivalent to around $90. 
The Nigerian government intends to encourage innovation and entrepreneurialism within the country’s technology industry by offering financial incentives to these economic pillars. 
Featured image from ThoughtCo, chart from TradingView

Annual Blockchain, AI Training Program To Empower 1,000 Nigerian Youths

Table of Contents

Bitcoinist

Other articles published on Jul 25, 2024

The Grayscale Ethereum Trust (ETHE) has lost more than $800 million

Bitwise Announces 10% Donation of Ethereum ETF Profits to Open-Source Developers

Bitcoin Set For Explosive Rally As Hash Ribbons Flashes Buy Signal: Analyst

Expert Picks: Discover the Best Altcoins to Buy in 2024 for Maximum Growth and Profit Potential

Toyota Aims To Enhance Mobility with Ethereum Blockchain Integration

Crypto: Ethereum Loses 7% – Here’s Why

Join our free newsletter for daily crypto updates!