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Empowering Nigerian Youths through Annual Blockchain and AI Training Program

Nigeria is taking significant steps in the IT sector by launching a project that seeks to educate 1,000 young individuals annually on artificial intelligence (AI) and blockchain technologies.

This initiative is in line with Nigeria’s broader National Digital Economic Policy and Strategy 2020-2030, aiming to enhance global competitiveness through the application of cutting-edge technologies.

Launching the AI And Blockchain Initiative

Vice President Kashim Shettima inaugurated the AI Expertise Blockchain and Technology Training and Outsourcing Initiative during a recent event in Jigawa, emphasizing Nigeria’s ambition to not only catch up but surpass global technical standards.

The program, endorsed by Governor Malam Umar Namadi of Jigawa State, presents a unique opportunity for young people to engage in ICT outsourcing and benefit from job opportunities and economic expansion.

With the goal of equipping Nigerian youths with the necessary skills to enter the global job market and foster innovation, this initiative aims to position Nigeria as a frontrunner in digital transformation across Africa.

Financial Support and Strategic Collaborations

Alongside the training initiative, Nigeria is bolstering its tech ecosystem through financial incentives and partnerships with relevant organizations.

Working in conjunction with tech startup Gluwa, the Nigerian government plans to train 1,000 individuals annually in AI, blockchain, and other advanced technologies to support local talent and enrich the fintech sector.

Advancing Research Boundaries

In alignment with Nigeria’s commitment to tech advancement, the National Information Technology Development Agency (NITDA) intends to establish research facilities focusing on innovations.

These facilities, distributed across Nigeria’s six geopolitical zones, will concentrate on crucial areas such as artificial intelligence, blockchain technology, Internet of Things (IoT), drones, additive manufacturing, and robotics.

To foster innovation and entrepreneurship in the technology sector, President Bola Ahmed Tinubu announced a 150,000 Nigerian nairas incentive for micro, small, and medium enterprises (MSMEs) to encourage growth within the industry.

Featured image from ThoughtCo, chart from TradingView