In a strategic move to bolster its digital economy, Nigeria has unveiled a comprehensive roadmap aligning with the African Continental Free Trade Area (AfCFTA) framework. This initiative aims to position Nigeria at the forefront of Africa’s digital trade revolution, leveraging technology to drive economic growth and regional integration.
Vice President Kashim Shettima highlighted key components of this strategy during a stakeholders’ summit in Abuja. The plan emphasizes the implementation of AfCFTA’s Digital Trade Protocol, development of expansive technical talent hubs, and significant investments in digital infrastructure. Shettima noted that Nigeria, as Africa’s largest ICT hub, is poised to lead the continent’s technological transformation.
A cornerstone of the roadmap is the Outsource to Nigeria Initiative (OTNI), which aims to create millions of job opportunities by enhancing the country’s Business Process Outsourcing (BPO) and IT-enabled services sectors. Additionally, a program to train three million young technical talents has been launched, addressing the critical need for digital skills development.
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The roadmap also focuses on harmonizing digital trade rules to ensure a secure and inclusive trading environment. This includes addressing challenges such as inadequate infrastructure, cybersecurity threats, and regulatory alignment. By tackling these issues, Nigeria aims to strengthen its position in the digital economy and contribute to the continent’s economic integration and development.
As Nigeria strives to become a $1 trillion economy by 2026, this digital transformation strategy is pivotal. By aligning with AfCFTA’s objectives, Nigeria not only seeks to enhance its own economic landscape but also to serve as a catalyst for digital innovation across Africa.
In conclusion, Nigeria’s roadmap for digital transformation under AfCFTA represents a significant step towards sustainable growth and technological advancement. Through strategic investments and policy reforms, Nigeria is set to lead Africa into a new era of digital trade and economic prosperity.