November 23, 2024

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Nigeria’s NITDA advocates AI integration in payments for global recognition

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Nigeria’s NITDA advocates AI integration in payments for global recognition

In a bid for greater global recognition and domestic use of the Nigeria Payments System, the director-general (DG) of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has stressed the importance of collaboration between NITDA, the 

This AI policy will serve as the foundation for outlining rules, and agencies like NITDA, tasked with implementation, will discuss strategies, frameworks and guidelines for adopting and deploying artificial intelligence. Inuwa noted:

“Although artificial intelligence is often regarded as a double-edged sword, the potential and benefits are tangible but not without a lot of threats, and that is apart from the biases that abound, notwithstanding, our regulatory approach has always been not to stifle innovation.”

Inuwa, while citing a list of other policies of the federal government for the industry, claimed that the initiatives are startup ecosystem-friendly.

Nigeria’s Minister of Communications, Innovation and Digital Economy, Bosun Tijani, recently unveiled the 3 Million Technical Talent (3MTT) program. This is intended to offer over 1 million applicants the chance to follow an introductory AI course.

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