Latest news

Nigeria may lose $1.2tn AI opportunity, warns NIGCOMSAT


Nigerian Communications Satellite Limited, the country’s satellite operator, has called for immediate policy action to harness the potential of artificial intelligence.

The operator warned that the country risks missing out on Africa’s projected $1.2tn share of the global AI economy by 2030.

The call was made by NIGCOMSAT’s Managing Director, Nkechi Egerton-Idehen, in a statement issued on Friday following her participation in the 12th Regular Meeting of the National Council for Communications, Innovation, and Digital Economy, held in Makurdi, Benue State.

The meeting, organised by the Federal Ministry of Communications and Digital Economy, was themed “Accelerating the Adoption of Artificial Intelligence through Policy and Innovation for Sustainable Development in Nigeria.”

“Artificial intelligence is reshaping industries, economies, and societies worldwide, with projections that it will contribute up to $15.7tn to the global economy by 2030. Africa stands to gain $1.2tn of this if the right policies and innovations are in place,” Egerton-Idehen said, citing a PricewaterhouseCoopers report.

The NIGCOMSAT MD underscored the transformative potential of AI in agriculture, highlighting its applicability in Benue State, widely regarded as Nigeria’s “food basket.”

According to her, machine learning tools could revolutionize agricultural practices by improving pest detection and optimizing planting schedules using satellite imagery.

“AI offers us the chance to not only flourish economically but also to achieve food security. However, we must ask ourselves if we are prepared to manage this technology responsibly,” she added.

Egerton-Idehen noted that internet access remains a significant barrier to AI adoption in Nigeria.

She pointed to data showing that as of early 2024, only 45.5 per cent of Nigerians had access to the internet.

“For AI tools to be effective, basic digital infrastructure is essential. Addressing this gap must be a priority,” she said, stressing the need for a coordinated effort to expand access to digital infrastructure while enforcing relevant policies.

Reflecting on the discussions at the meeting, Egerton-Idehen expressed both optimism and urgency, noting the rapid pace of AI advancements globally.

“AI is happening. We have the opportunity to manage this technology revolution responsibly, both in Africa and globally, through innovation and governance,” she said.

In August 2024, the Federal Ministry of Communications, Innovation, and Digital Economy released a draft National Artificial Intelligence Strategy, aiming to position Nigeria as a global leader in AI.

The draft strategy outlines strategic pillars for responsible AI development and seeks to foster a robust ecosystem for innovation.

This initiative builds on earlier efforts, including the establishment of the National Centre for Artificial Intelligence and Robotics in 2020 and various funding programs for AI research and startups.

While the NAIS is still in draft form, it reflects Nigeria’s commitment to leveraging AI as a transformative tool for economic and social development.

Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...