FG to officially unveil National Blockchain policy, graduate 30,000 trained youths

By Ibiyemi Mathew

The Federal Government of Nigeria is set to officially unveil the National Blockchain Policy today.

The Federal Executive Council (FEC) approved the National Blockchain Policy for Nigeria on 3rd May 2023 to ensure that Nigerian benefits from the potential of Blockchain technology while ensuring responsible use and avoiding its perils.

As Nigeria moves into a more technology-driven world, the Policy aims to grow domestic talent in Blockchain solutions development, foster innovation, and catalyse the adoption and use of Blockchain Technology.

The National Information Technology Development Agency (NITDA) has been at the forefront of driving and facilitating the spread and use of blockchain technology, through its various activities including capacity development, and awareness carried out during the Blockchain Day at the Digital Nigeria Day celebration, in October 2022.

In a statement issued by the agency, it also revealed that it has trained over 30,000 young Nigerians in the field of Blockchain for the development of a skilled and knowledgeable workforce in the industry.

The agency noted that the outcome of the training will equip the Nigerian youths with the ability to utilise Blockchain Technology in developing innovative solutions to our National challenges.