• 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

David Schwartz Addresses XRP Ledger Transaction Control Speculation

chest

David Schwartz clarifies that valid transactions on the XRP Ledger cannot be blocked unless users agree to change the validity rules.

user avatarMaria Fernandez

UK Gambling Commission's Crypto Payment Review Linked to FCA's New Framework

chest

The UK Gambling Commission's potential move to allow cryptocurrency payments at licensed gambling venues is linked to the FCA's new oversight framework for cryptocurrencies.

user avatarGustavo Mendoza

UK Gambling Commission Explores Cryptocurrency Payments Amid Illegal Gambling Concerns

chest

The UK Gambling Commission is exploring the possibility of allowing cryptocurrency as a payment method for licensed online gambling platforms due to rising illegal gambling activities.

user avatarRajesh Kumar

Apple's Strategic Advantage in AI Amidst Market Challenges

chest

Jim Cramer highlights Apple's strategic advantage in the AI sector through its Google Gemini deal, despite concerns over stock performance.

user avatarMiguel Rodriguez

Stablecoins Expected to Gain Momentum in Mainstream Payments

chest

Stablecoins are increasingly viewed as a disruptive force in global payments, with significant growth projected.

user avatarLuis Flores

Bitcoin Price Analysis Predicts Bottom Before Next Halving

chest

Crypto analyst Blockchainedbb forecasts a potential price bottom for Bitcoin in late Q4 2024, based on historical halving cycles.

user avatarArif Mukhtar

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.