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‎Nigeria Hopes on AI to power $1tn Economy Target

Nigeria is placing its trust in artificial intelligence (AI), as part of President Bola Tinubu’s vision to transform Africa’s most populous nation into a $1 trillion economy, as stated by the Minister of Communications and Digital Economy, Bosun Tijani.

‎His comments come after his recognition in TIME magazine’s 2025 list of the 100 most influential figures in AI, alongside Tesla CEO Elon Musk and OpenAI leader Sam Altman, who are acknowledged for their roles in shaping the future of technology globally.

‎He characterized the recent advancements in AI as revolutionary, highlighting a national strategy, research initiatives, and partnerships with international tech companies. ‎“We assembled over 120 experts of Nigerian heritage to collaboratively develop a long-term strategy for the ethical use and advancement of AI,” Tijani shared on LinkedIn. “This acknowledgment further reinforces our conviction that Nigeria can emerge as a global frontrunner in the ethical and inclusive application of AI to enhance productivity.”

‎The framework aimed at achieving Nigeria’s $1 trillion economy goal was unveiled and officially supported by the National Economic Council last week. In general, Nigeria’s leadership demonstrates a clear commitment and a strategic plan to realize this economic goal by 2030.

Also see: El-Rufai Dismisses Peter Obi’s One-Term Presidency Pledge as Unrealistic

‎From a technological standpoint, the government has been testing AI applications in sectors such as healthcare, agriculture, education, and financial inclusion, which it claims will provide both social and economic benefits.

‎With assistance from partners like Google and the Gates Foundation, Nigeria is also working to scale effective AI solutions created by local innovators by offering mentorship, resources, and financial backing.

‎To maintain this progress, Tijani announced the establishment of the AI Collective, a network of researchers and practitioners supported by the philanthropic organization Luminate, and the AI Trust, a group of national leaders responsible for guiding long-term investments in the field.

‎“Our commitment is unequivocal: to ensure that AI not only fosters innovation but also plays a role in building a more prosperous society.”

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