• 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

XRP Ledger Community Divided Over v313 Upgrade and Hard Fork Concerns

chest

The XRP Ledger community is divided over the v313 upgrade, with concerns about potential hard forks and the necessity for nodes to update to maintain network communication.

user avatarMiguel Rodriguez

ONDO Achieves Major Milestone with $1 Billion in Total Value Locked

chest

ONDO Global Markets has surpassed $1 billion in total value locked within just eight months of its launch, establishing itself as a leader in the tokenized equity market.

user avatarLuis Flores

SEC's New Framework Could Revolutionize Tokenized Stocks

chest

The US SEC is reportedly preparing a framework that could allow tokenized versions of stocks to trade on crypto platforms, potentially reshaping the stock market.

user avatarArif Mukhtar

Solana Faces Resistance in Parallel Channel

chest

Analyst Ali Martinez discusses Solana's recent price movements and the formation of a Parallel Channel.

user avatarMaria Gutierrez

KB Financial Launches Successful Pilot for Won-Denominated Stablecoin

chest

KB Financial Group has successfully completed a payment pilot for a won-denominated stablecoin, integrating various financial processes into a single workflow.

user avatarDavid Robinson

South Korea's Digital Asset Act Faces Delays Amid Regulatory Disagreements

chest

The Digital Asset Act in South Korea faces delays due to disagreements between financial regulators, impacting stablecoin legislation.

user avatarAndrew Smith

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.