Nigeria Approves Creation of the National Artificial Intelligence Trust

user avatar

by Giorgi Kostiuk

2 years ago


Nigeria's federal government has recently approved the establishment of the world's first National Artificial Intelligence Trust, setting the country on a path to become a leader in entertainment and technology.

Significance and Approval of the Initiative

Bosun Tijani, the Minister of Communications, Innovations, and Digital Economy, announced that the Federal Executive Council has approved the project. He emphasized that this decision significantly strengthens Nigeria's position as a leading voice in the global AI community.

Strategic Development and AI Research

The National AI Trust comprises 10 AI experts and ministers, with the goal of mobilizing resources for AI development in Nigeria. In August 2023, the minister presented the country's National AI Strategy to responsibly manage the AI revolution for job creation, social inclusion, and sustainable development.

Digital Future and Infrastructure Innovations

In addition, the government supported the Universal Communication Access Project, aimed at expanding digital access for over 21 million people in rural areas. This complements the 90,000-km fiber optic infrastructure funded as part of the National Broadband Plan.

The establishment of the National AI Trust and support for digital initiatives demonstrate Nigeria's commitment to technological progress. These steps aim to provide access to innovative solutions for the entire population and strengthen the country's standing in the global tech community.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Ascend and M1X Global Complete Institutional Repurchase Transaction

Ascend and M1X Global announced the successful completion of an institutional repurchase transaction utilizing the Stellar blockchain and an onchain sovereign bond known as USDM1.

user avatarLi Weicheng

Details of the Institutional Repurchase Transaction Revealed

Details of the institutional repurchase transaction executed by Ascend and M1X Global, involving 72 consecutive hourly rolls between October 16 and October 19, 2026, utilizing an institutional credit facility and onchain smart contracts for collateral management.

user avatarAisha Farooq

EDX Markets and Apex Fintech Solutions Form Strategic Partnership

On October 26, 2023, EDX Markets and Apex Fintech Solutions announced a strategic partnership to integrate digital asset trading and clearing technology with Apex's financial infrastructure.

user avatarTenzin Dorje

Increased Rewards for Alpenglow Bugs Announced

Jump Crypto is raising payouts for eligible findings in the Firedancer program, especially for Alpenglow bugs. Effective until Nov 20, eligible findings will receive double the standard reward, with triple rewards for Alpenglow-specific bugs.

user avatarMohamed Farouk

Sean Bowe Calls for End to Automatic Funding for Zcash Community Grants

Zcash cofounder Sean Bowe proposes to halt the automatic allocation of 8 ZEC to the Zcash Community Grants program, citing sufficient treasury funds to cover years of spending.

user avatarBayarjavkhlan Ganbaatar

Solanas Firedancer Introduces Paywall for Bug Reports

The Firedancer team has implemented a requirement for researchers to burn 1 SOL per bug report to reduce AI-generated submissions.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.