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Nigeria NITDA: Blockchain Technology Can Attract $10 Billion to Our Economy

Amy Liu

Summary: The Nigerian Information Technology Development Agency (NITDA) today stated that Nigeria’s financial services industry is capable of attracting approximately US$10 billion to the country’s economy through the appropriate deployment of blockchain technology. Inuwa Kashifu Inuwa, Director-General of NITDA, said, "Considering our young population and our strategic position in Africa, we are studying how to get ...

The Nigerian Information Technology Development Agency (NITDA) today stated that Nigeria’s financial services industry is capable of attracting approximately US$10 billion to the country’s economy through the appropriate deployment of blockchain technology.

Inuwa Kashifu Inuwa, Director-General of NITDA, said, "Considering our young population and our strategic position in Africa, we are studying how to get 6 billion to 10 billion US dollars from blockchain technology by 2030."

By Amy Liu

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