• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Nigeria Approves Creation of the National Artificial Intelligence Trust

user avatar

by Giorgi Kostiuk

a year 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Micron Stock Price Target Reaches $1500 Amid AI Memory Chip Boom

chest

Analysts are increasingly optimistic about Micron Technology's stock, with a price target of $1500 driven by strong earnings projections and demand for AI memory chips.

user avatarLi Weicheng

Marvell Technology Set to Join S&P 500 Index

chest

Marvell Technology is set to join the S&P 500 index on June 22, boosting investor confidence and stock prices.

user avatarAisha Farooq

Morpho Secures $175 Million Funding to Strengthen DeFi Position

chest

Morpho, a decentralized lending protocol, has raised $175 million in funding to strengthen its position in the DeFi space.

user avatarTenzin Dorje

Metaplanet Considers Share Repurchase Program Amid Bitcoin Price Decline

chest

Metaplanet, Japan's largest publicly traded Bitcoin treasury company, is considering a share repurchase program to enhance its Bitcoin yield per share as its market value falls below its Bitcoin holdings.

user avatarBayarjavkhlan Ganbaatar

BlackRock and XRP Ecosystem Connection Strengthens

chest

A documented link between BlackRock and Ripple's ecosystem has emerged, highlighting the role of Wormhole in facilitating interoperability.

user avatarMohamed Farouk

ZachXBT Raises Concerns Over Humanity Protocol Incident

chest

ZachXBT raises concerns about the Humanity Protocol incident, suggesting it may be a staged exit rather than a genuine hack, impacting the project's credibility.

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.