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‘Nigeria’s AI Investments Poised To Boost Economy By $15bn By 2030’

by Leadership News
6 months ago
in Business
Nigeria’s AI Investments
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Nigeria’s strategic investment in Artificial Intelligence (AI) is positioning the country as one of Africa’s fastest-growing tech-driven economies, with AI expected to contribute $15 billion to the nation’s GDP by 2030.

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Recognising the significance of this transformation, Young Professionals for Tinubu (YP4T) has commended the administration of President Bola Ahmed Tinubu for its deliberate policies aimed at leveraging AI for economic growth, job creation, and youth empowerment.

Following president Tinubu’s engagement with global technology leaders, including a recent high-profile meeting with Google CEO Sundar Pichai, Nigeria’s proactive approach to AI integration is gaining global recognition. Beyond diplomatic engagements, the administration has launched tangible programs that are already making an impact.

The 3 Million Technical Talent (3MTT) initiative is creating a pipeline of AI-trained professionals, while the National AI Strategy Framework is driving AI adoption across key sectors such as finance, agriculture, healthcare, and education.

The government’s commitment to fostering a robust AI and technology ecosystem has also attracted significant investment, providing startups and digital enterprises with essential resources and capital to scale. Partnerships with global technology giants, including Microsoft, Meta, and Nvidia, further underscore Nigeria’s ambition to make AI a cornerstone of its economic transformation.

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The West/South South director of YP4T, Victor Benjamin, said, “AI is no longer a theoretical concept—it is a defining force in global economies, and Nigeria is now actively securing its place in that future. For years, young Nigerians have sought opportunities in technology and digital innovation. What we are seeing now is a deliberate effort by the administration to turn that aspiration into reality through strategic policies, funding, and industry collaboration. This is a critical time for Nigerian professionals and businesses to position themselves in the AI-driven economy.”

While many African nations are still formulating AI integration strategies, Nigeria’s rapid advancements in AI adoption are setting it apart.

AI-powered innovations are already transforming precision agriculture, financial inclusion, digital healthcare, and education technology, leading to increased productivity, economic diversification, and improved access to essential services.

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However, experts caution that Nigeria must sustain and expand its efforts to fully capitalise on AI’s economic potential. With the country’s youth population projected to surpass 100 million by 2050, equipping young professionals with the necessary skills, tools, and infrastructure to develop AI-powered solutions is essential for job creation and long-term economic stability.

“As a network of young professionals actively engaged in shaping Nigeria’s future, we see these investments as fundamental to building a globally competitive workforce. This is not just about innovation; this is about securing economic opportunities for millions of young Nigerians. AI and digital transformation must be central to Nigeria’s long-term growth strategy, and every young Nigerian should be paying attention to these opportunities,” Benjamin added.

With AI poised to add billions to Nigeria’s economy in the coming years, collaboration between government institutions, industry stakeholders, and the private sector will be critical to translating these initiatives into tangible economic benefits. As Nigeria continues to attract international AI investment, YP4T remains committed to mobilising young Nigerians to innovate, lead, and drive the country’s digital revolution forward.


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