A committee to implement the National Blockchain Policy approved by the Federal Executive Council (FEC) two weeks ago, was on Wednesday inaugurated in Abuja, even as it said Nigeria will earn $4billion annually from the new technology.
The Minister of Communications and Digital Economy, Prof. Isa Ali Pantami who inaugurated the committee on behalf of the Federal Government recalled that the journey of Blockchain Technology officially started in Nigeria last year when President Muhammadu Buhari unveiled and launched the National Digital Economy Policy & Strategy (NDEPS) for a Digital Nigeria.
Pantami confirmed that with the development and subsequent approval of the National Blockchain Policy on the 3rd of May, 2023, the tech and all its components and types are no more illegal but now legal in the country.
The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullah, who earlier welcomed guests to the occasion, said that the event signaled a remarkable milestone in the journey towards achieving a Digital Nigeria where citizens have access to the latest technology, skills and a conducive environment to innovate in the realm of the Blockchain Technology.
SOURCE: DAILY TRUST
