Galaxy Television Menu

NITDA, Experts Seek Technology, AI Deployment For Economic Development

NITDA, Experts Seek Technology, AI Deployment For Economic Development

A Group of Technology and Economic Experts on Wednesday in Abuja canvassed for the deployment of Technology and Artificial Intelligence (AI) into Nigeria's current struggle for economic diversification and general development.

Specifically, they called for the adoption of Artificial intelligence to enhance Nigeria's growth in the fourth global industrial revolution.

At a one-day lecture organized by the Economic Confidential, the Experts identified AI as a key factor to be embraced to drive Nigeria's economy into a prosperous one.

Among the experts are the Director General of the National Information Technology Development Agency (NITDA), Dr Kashifu Inuwa, who was the keynote speaker, declared that the digital economy, using AI, has the potential of driving Nigeria's economy up to 20% GDP.

The NITDA Chief declared that the digital economy has the potential to drive 20 per cent GDP growth, if strategically harnessed.

He emphasized that artificial intelligence is no longer optional but essential, adding “Those who fail to upskill will be replaced. AI can free up 20 per cent of time for higher productivity. Nations leading in AI will lead the world.”

In his own contribution the President of the Nigerian Institute of Public Relations (NIPR), who spoke through Dr. Afolabi Olujuwon of the Budget Office of the Federation warned that any nation especially in Africa that fails to embrace the digital revolution will be left behind in the global development.

Earlier, the organiser, Yushau A. Shuaib, CEO of Nigeria economic confidential noted that the books are critical tools for evidence-based policy and decision-making.

Speakers pleaded with Nigerian leaders to ensure that the country join forces with international policies makers to chart a new path to a prosperous nation.

Related Articles


The following 6 pages may interest you as well: