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Nigeria’s AI drive gains momentum amid $15B digital economy prospect

…Young Professionals urge swift action to maximize gains

 

 

By Juliet Umeh

Nigeria’s bold push into Artificial Intelligence, AI, and digital transformation is gaining global attention, with experts highlighting the country’s potential to become a major player in Africa’s AI-driven economy. As projections indicate AI could contribute $15 billion to Nigeria’s GDP by 2030, stakeholders are urging sustained investment and policy execution to unlock its full potential.

Young Professionals for Tinubu, YP4T, a pro-development advocacy group, has lauded the federal government’s strategic engagement with global technology leaders and implementation of AI-centered initiatives, emphasizing that Nigeria is at a defining moment in its digital evolution.

According to YP4T’s West/South-South Director, Victor Benjamin, Nigeria’s AI roadmap—bolstered by initiatives such as the 3 Million Technical Talent, 3MTT, programme and the National AI Strategy Framework—is creating opportunities for young Nigerians to participate in the global digital economy.
“We are witnessing a paradigm shift where AI is no longer a futuristic concept but an immediate economic driver,” Benjamin stated. “Through targeted policies, skills development, and global partnerships, Nigeria is laying the foundation for an AI-powered economy that can transform sectors like finance, agriculture, healthcare, and education.”

Tangible steps toward AI adoption

Nigeria’s engagement with technology powerhouses, including Google, Microsoft, Meta, and Nvidia, underscores its commitment to positioning AI as a growth catalyst. President Bola Tinubu’s recent discussions with Google CEO Sundar Pichai signal increased collaboration in AI infrastructure, talent development, and digital entrepreneurship.

Benjamin noted that while many African countries are struggling to integrate AI into their economic strategies, Nigeria is already demonstrating practical applications. From AI-powered financial inclusion solutions to precision agriculture, AI-driven innovations are enhancing productivity and fostering economic resilience.

“The government is not just talking about AI—it is actively implementing policies that attract investment, equip young professionals with cutting-edge skills, and position Nigerian businesses to compete globally,” he added.

Seizing the $15B opportunity

Experts stress that while AI presents vast economic prospects, Nigeria must act swiftly to maximize its competitive edge. Challenges such as infrastructure gaps, regulatory frameworks, and access to AI funding must be addressed to ensure sustainable growth.

YP4T urged both public and private sector players to intensify investments in AI research, data infrastructure, and industry collaborations, ensuring that Nigeria’s digital economy aspirations translate into real economic gains.
“This is not just about innovation—it’s about economic empowerment,” Benjamin emphasized. “AI must remain at the heart of Nigeria’s long-term strategy, creating new opportunities for millions of young Nigerians to thrive in the digital age.”

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