Nigeria to Train 1,000 Youths Annually in AI and Blockchain to Foster Innovation and Economic Growth

The Nigerian government has announced a transformative initiative to train 1,000 young Nigerians each year in artificial intelligence (AI), blockchain, and other emerging technologies.

This program is part of a broader effort to position Nigeria as a leader in the digital economy and to foster innovation and economic growth. The initiative underscores Nigeria’s ambition to not only catch up with but also surpass other global economies by leveraging cutting-edge technology.

Nigeria to Train 1,000 Youths Annually in AI and Blockchain to Foster Innovation and Economic Growth

On July 23, 2024, Vice President Kashim Shettima launched the AI Expertise Blockchain and Technology Training and Outsourcing Initiative in Jigawa, Nigeria. The initiative is a key component of Nigeria’s digital transformation strategy, aimed at equipping its citizens with the skills needed to thrive in a rapidly changing technological landscape.

During the inauguration, Vice President Shettima stated, “We are not merely catching up with the rest of the world; we are poised to overtake them. This initiative offers its beneficiaries the chance to become part of a global workforce, driving innovation that will shape our future.” This ambitious vision reflects Nigeria’s commitment to becoming a major player in the global tech industry.

The Nigerian government has partnered with Gluwa, a technology company known for its expertise in AI and blockchain, to deliver the training program. This collaboration is expected to provide participants with hands-on experience and practical knowledge in these high-demand fields, positioning them to contribute to Nigeria’s digital economy and beyond.

In addition to the training program, President Bola Ahmed Tinubu announced a financial grant of 150,000 Nigerian nairas (approximately $90) for micro, small, and medium enterprises (MSMEs). This grant is intended to incentivize the development of a home-grown fintech ecosystem, further supporting Nigeria’s economic growth and innovation.

Nigeria’s commitment to digital transformation extends beyond training initiatives. Earlier in July, the National Information Technology Development Agency (NITDA) unveiled plans to establish research centers focused on emerging technologies such as AI, the Internet of Things (IoT), and blockchain across the country’s six geopolitical zones. These research centers will target critical areas, including unmanned aerial vehicles, additive manufacturing, AI, and robotics.

Kashifu Inuwa, Director-General of NITDA, emphasized the agency’s dedication to building a robust technology research ecosystem. “We are establishing a special-purpose vehicle that will look into these key areas and also establish research centers across the six geopolitical zones of Nigeria that will be targeting these six key areas of emerging technologies,” Inuwa stated. This initiative aims to create a sustainable foundation for technological innovation and research in Nigeria.

The initiative to train 1,000 Nigerians annually is part of a larger strategy to create a network of tech hubs throughout the country. These hubs are expected to drive Nigeria’s economic growth for decades to come by fostering a culture of innovation and entrepreneurship.

Vice President Shettima highlighted the importance of adopting this initiative nationwide, saying, “We are adopting this initiative across the nation to create a network of tech hubs that will power Nigeria’s economic growth for decades to come.” By investing in the development of its human capital and technological infrastructure, Nigeria aims to become a leader in the global digital economy.

Nigeria’s ambitious plans to train its youth in AI and blockchain reflect a forward-thinking approach to economic development and innovation. By equipping its citizens with the skills needed to succeed in a digital world, Nigeria is positioning itself to be at the forefront of technological advancements. As the country continues to invest in education, research, and innovation, it is poised to become a major player in the global tech industry, driving economic growth and improving the quality of life for its citizens.