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HomeFinanceNigerian gov helps AI initiatives with $290K in grants
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Nigerian gov helps AI initiatives with $290K in grants

The Nigerian Minister of Communications, Innovation and Digital Economic system, Bosun Tijani, revealed on Friday, Oct.13, that the federal government intends to grant 5 million naira ($6,444) to 45 synthetic intelligence (AI)-focused startups and researchers.

This initiative was disclosed by the minister in a publish on X (previously Twitter) and is a part of the lately launched Nigeria Synthetic Intelligence Analysis Scheme, which is designed to facilitate the widespread utilization of AI to drive financial development.

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