Connect with us

Business

Google Grant Nigeria N2.8bn AI Fund

Published

on

206 Views

Bosun Tijani, the Minister of Communications, Innovations and Digital economy says the federal government has secured N2.8 billion grant from Google to boost artificial intelligence (AI) talent development in the country.

The Minister discloses this at a press briefing in Abuja on Thursday. Tijani said that the support comes one month after the government partnered with Google to launch a N100 million AI fund initiative in Nigeria.

” The fund is part of Google’s $5.8 million commitment to support digital skills programmes across sub-Saharan Africa.

“This support from Google is a testament to our commitment to positioning Nigeria as a leader in AI innovation,” the minister said.

Matt Brittin, President, Google EMEA, said the grant will be implemented in Nigeria through the government’s ongoing three million technical talents (3MTT) programme with a focus on 20,000 Nigerians with AI skills.

The 3MTT, launched on October 13, is a four-year programme aimed at training Nigerians and building the country’s technical talent backbone to power the digital economy and position Nigeria as a net talent exporter.

Brittin added that through the scheme, 125,000 educators will be trained and 10 promising Nigerian AI startups will be empowered with N100 million.

” I am pleased to announce that Google.org is providing N2.8 billion (or approximately $1.7 million) in funding to the Data Scientists Network Foundation, supporting the honourable minister’s vision for AI growth in Nigeria,” Brittin said.

“This funding will be directed toward critical initiatives that advance AI skills and opportunities across the country. Through this grant, we’re supporting the FMCIDE’s 3 Million Technical Talents (3MTT) program, with a focus on equipping 20,000 young Nigerians with advanced skills in AI and data science.

“Additionally, the Experience AI Program, developed with the Raspberry Pi Foundation, will train 25,000 educators to inspire and educate 125,000 young learners, introducing them to AI fundamentals.

The AI Fund, created in collaboration with NCAIR, is providing 10 promising Nigerian AI startups with N100 million in funding, alongside up to $3.5 million in Google Cloud Credits, mentorship from Google engineers, and technical support.”

Brittin said BetaLife Health, Bunce, CDIAL AI, Farmspeak, Lendsqr, ProDevs, Rana Energy, SaaSPro Health, Towntalk and Trade Lenda, are the 10 startups selected for the AI fund.

Business

Nigerian govt suspends implementation of 15% petrol import duty

Published

on

20 Views

The Nigerian government has suspended the planned 15 per cent import duty on premium motor spirit (PMS) and automotive gas oil (diesel). The announcement was made by George Ene-Ita, spokesperson for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in a statement on Thursday.

The regulator urged Nigerians to avoid panic buying, assuring that there is adequate supply of petroleum products nationwide.

“It should also be noted that the implementation of the 15 percent ad valorem import duty on imported premium motor spirit and diesel is no longer in view,” NMDPRA stated.

The statement added that both domestic and imported supplies of petrol, diesel, and other petroleum products are sufficient to meet demand, especially during the peak period. The authority warned against hoarding, panic buying, or unwarranted price increases, and affirmed that it would continue to monitor supply and distribution closely.

President Bola Ahmed Tinubu had approved the 15 per cent import duty last month to encourage the use of products from Dangote Refinery. While some stakeholders supported the move as a boost for local refining, critics argued it could increase fuel prices and worsen economic hardship for Nigerians.

Continue Reading

Business

NAFDAC’s Ban on sachets alcohol: the economy repercussions, by MAN

The Association emphasised that the ban would likely lead to the “Loss of over N1.9 trillion in investments, primarily from indigenous Nigerian companies.

Published

on

By

23 Views

The Manufacturers Association of Nigeria (MAN) has said that the government’s move to ban the production and sale of alcoholic beverages packaged in sachets and small PET bottles, effective December 31, 2025, will have severe repercussions on the economy.

” This announcement by the NAFDAC, in our view, is counterproductive and threatens to disrupt the economy significantly at a time when it is beginning to stabilise,” said the Association through its Director-General, Ajayi-Kadir.

The Association emphasised that the ban would likely lead to the “Loss of over N1.9 trillion in investments, primarily from indigenous Nigerian companies.

• Mass retrenchment of over 500,000 direct employees and approximately 5 million indirect employees through contracts, marketing, and logistics.”

Ajayi-Kadir said that the earlier directive from the Ministry of Health for a one-year extension, which included the consideration and validation of the draft National Alcohol Policy by stakeholders, should have been taken into account before any significant announcement from another government body.

“We believe that a consultation with whether through a public hearing or focused meetings with relevant parties in the alcohol beverage industry, should have been conducted by the appropriate Senate Committee before an outright ban was imposed.

This approach was successfully followed by the House of Representatives in the recent past,” he stated.

Ajayi-Kadir highlighted that issues related to the ban on alcohol in sachets and small PET bottles were addressed by a broad committee that included all stakeholders, along with NAFDAC representatives, who validated the National Alcohol Policy in October 2025. The committee made the following key recommendations:

• Develop multi-sectoral action plans.- Strengthen enforcement by law enforcement agencies

• Establish licensed liquor stores/outlets in Local Government Areas nationwide.

• Increase monitoring and compliance checks by NAFDAC, FCCPC, and others to ensure product quality and safety.

• Regulatory bodies should focus more on regulation, monitoring, and educational campaigns to inform stakeholders and the public about the dangers of underage alcohol consumption and its sale in motor parks.

• Conduct educational campaigns in secondary schools across the country to raise awareness among students about the dangers and issues related to alcohol abuse.

Furthermore, we would like to note that the unfounded and untested claim of abuse by minors has been challenged by several independent studies conducted by the government.

The industry has proactively launched campaigns promoting responsible alcohol consumption to discourage underage abuse, resulting in expenditures exceeding one billion Naira on media outreach across the nation, which has effectively just underage drinking.

Ajayi-Kadir also stressed that the Senate’s directive for an outright ban is unjust and does not reflect the industry’s true conditions, as it seems the upper chamber has only considered NAFDAC’s perspective.

NAFDAC was part of the validation organised by the Ministry of Health, and it should have presented its views to the Committee and the Ministry during that process, rather than circumventing these channels and approaching the National Assembly without consulting other stakeholders.

Continue Reading

Business

Following Lagos, FG moves to ban single-use plastics

In his inaugural address, the SGF, George Akume, stated that the initiative aligned with Nigeria’s commitment to global environmental standards.

Published

on

By

32 Views

The Federal Government has commenced the process to ban single-use plastics, inaugurating a committee to steer the policy.

Lagos government began fully enforcement ban on single-use plastics (SUPs), including styrofoam packs, plastic straws, disposable cups, plastic cutlery, and nylons less than 40 microns thick, on July 1, 2025.

The Office of the Secretary to the Government of the Federation (SGF) , yesterday , set up an Inter-Ministerial Committee on the Ban of Single-Use Plastics (SUPs).

Earlier, the Federal Executive Council (FEC) during its meeting on June 25, 2024, approved the ban , specifically targeting Polyethene Terephthalate (PET) bottles, styrofoam food packs, plastic shopping bags, sachet water packaging, and plastic straws.

In his inaugural address, the SGF, George Akume, stated that the initiative aligned with Nigeria’s commitment to global environmental standards.

He said: “The FEC decision was in line with the Federal Government’s efforts to tackle various health and environmental challenges, especially those caused by single-use plastic products and therefore, approved the ban in the country of polyethene terephthalate (PET) bottles, styrofoam, plastic bags, sachet water and straw, which has become an environmental sanitation challenge.”

Continue Reading

Trending