• 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

SEC Takes Action Against Nathan Fuller for Crypto Investment Fraud

chest

The SEC has filed charges against Nathan Fuller for allegedly defrauding 150 investors in a multimillion dollar crypto investment scheme.

user avatarDiego Alvarez

Large ETH Holders Show Accumulation During Market Weakness

chest

Large ETH holders are quietly accumulating during market downturns, indicating a bullish sentiment for Ethereum.

user avatarElias Mukuru

Texas Forms Advisory Committee to Oversee Bitcoin Reserve

chest

Texas has formed an advisory committee led by Acting Comptroller Kelly Hancock to manage its Bitcoin reserve, including experts in custody arrangements and investment strategy.

user avatarKenji Takahashi

Texas Announces Plan to Buy Bitcoin for State Reserves

chest

Texas has announced a significant move to buy more Bitcoin for its state reserves, transitioning from ETF exposure to directly held Bitcoin.

user avatarMaria Fernandez

Uniswap Struggles with Selling Pressure Despite Increased Inflows

chest

Uniswap is facing significant selling pressure as its price retreats, despite increased inflows to Binance, indicating potential intent to sell.

user avatarRajesh Kumar

OKX and Korea Investment Securities Join Forces to Invest in Coinone

chest

OKX and Korea Investment Securities have acquired a 20% stake each in Coinone, a major South Korean crypto exchange, with a total investment of approximately $53 million.

user avatarMiguel Rodriguez

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.