E-Business
NITDA, LEAP Africa Collaborate to Harness Youths’ Talents for Economic Growth
![](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2023/05/NITDA.jpeg)
National Information Technology Development Agency (NITDA) has agreed partner with LEAP Africa, a non-profit organisation that focuses on leadership development, to harness the potentials of young Nigerians in the field of technology and entrepreneurship, and equip them with the necessary skills to take advantage of the emerging opportunities in the tech industry.
Kashifu Inuwa, Director General of National Information Technology Development Agency (NITDA), made this disclosure during a visit by a team from LEAP Africa led by its Executive Director, Kehinde Ayeni to the Corporate Headquarters of the Agency.
Inuwa lamented that the surge of migration of Nigerian youths to other countries which is largely attributed to the quest for a better life is gradually depleting the nation’s talent resources and consequently made it imperative for the Federal Government of Nigeria to create enabling opportunities through the implementation of developmental guidelines, mentorship programmes, establishment of social infrastructures and funding that will enable innovation and entrepreneurship thrive in the country.
He stated that it is necessary to harness the talents of Nigerian youth and exploit potential for their individual benefits and that of the country, adding that the country has a global competitive advantage due to its large population of young people.
While stating that technology is the major driver of economy globally with people as its critical component, he opined that enormous attention should be given to the needs of innovators in order to create a flourishing and innovative ecosystem in the country.
Speaking on possible areas of collaboration with LEAP Africa, the NITDA boss said that the newly enacted Nigeria Startup Act is an instrument both organisations can leverage to unlock and ignite activities in the innovative and entrepreneurship ecosystem.
He said, “the Act has been signed into law, the Council has been inaugurated, we have developed the implementation framework and we need partners to work together to implement it. We believe in collaboration because we cannot succeed in isolation. So, we need to work together as an ecosystem to achieve that”.
Giving further insight into the ingenuity and prospects of the Act, the DG revealed that the implementation committee has been further broken down into sub-committees to identify thematic areas in catalysing the process.
While highlighting Ecosystem Development, Capacity Building, Funding, Tax and Fiscal Incentives as some of the thematic areas identified, he gave his assurance that the Federal Government is committed to giving infrastructural support to boost the ecosystem, engaging in massive programmes to build capacities in soft skills, providing adequate funding into the ecosystem and influence policies that will act as an enabler to the ecosystem.
Inuwa added that the National Outsourcing Strategy and the National Digital Talent Strategy are other initiatives developed by the agency in upskilling players within the innovative and entrepreneurship ecosystem thereby making them marketable globally.
He added that innovation hub clusters would be built across the country to develop the capacities of talented Nigerian youths and make them marketable globally.
“We want focus on services which are digitally driven and provide the talent to build those services. You can live in Nigeria, then connect to the global value chain and earn better. You don’t need to travel and that’s what will help us to build the Nigeria we want”, he said.
While giving her remark earlier, Kehinde Ayeni said that LEAP Africa in its 20 years of existence has been involved in several projects such as the Social Innovation Programme, Nigerian Youths Futures Fund and the iLEAD programme to build capacities of youth and bridge the digital divide in the country.
She however expressed the organisation’s desire to partner with NITDA to leverage Information Technology in creating solutions to challenges daunting the innovation and entrepreneurship ecosystem in the country.
“As we continue to look at our impact over the last 20 years, one of the shortcomings that we found is what technology could do for us and the power of innovation in ensuring that the Nigeria and Africa that we are striving for is possible”, she concluded.
E-Business
Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands
![](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Eric-Schmidt.jpg)
Eric Schmidt, former Google CEO has expressed concerns about the extreme risks posed by artificial intelligence (AI) falling into the hands of terrorists or rogue states.
![Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands](https://i0.wp.com/www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Eric-Schmidt.jpg?resize=573%2C254&ssl=1)
Eric Schmidt, former Google CEO
He warned that nations such as North Korea, Iran, and Russia could adopt AI technologies to develop weapons capable of causing significant harm, including biological weapons.
Schmidt urged governments to oversee private tech companies, emphasising, “The real fears I have are not the ones most people discuss about AI, I talk about extreme risk.”
“I’m always worried about an ‘Osama Bin Laden’ scenario, where truly evil individuals take control of some aspect of modern life to harm innocent people,” he added.
With private companies driving AI advancements, he stressed the need for careful government monitoring and regulation. “It’s really important that governments understand what we’re doing and keep their eye on us,” he said.
His remarks followed a two-day AI summit in Paris, where the UK and the U.S. declined to sign a communiqué outlining the future direction of AI. The declaration on “inclusive and sustainable artificial intelligence for people and the planet” was endorsed by 57 countries, including India, China, the Vatican, the EU, and the African Union Commission.
The UK justified its decision, stating that the agreement lacked “practical clarity” on global AI governance and national security concerns.
Schmidt supports U.S. export controls restricting the sale of advanced AI microchips to certain countries, aiming to slow adversaries’ progress in AI research.
He also highlights the importance of international collaboration on AI safety, suggesting that cooperation with nations like China is essential to addressing global AI challenges.
E-Business
OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk
![](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Open-AI.jpg)
Sam Altman, chief executive of ChatGPT-owner OpenAI, has firmly declared the company “not for sale” following a $97.4bn (£78.4bn) takeover bid from a consortium led by Elon Musk.
![OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk](https://i0.wp.com/www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2022/04/Elon-Musk.jpg?resize=563%2C229&ssl=1)
Elon Musk
Speaking at the AI Action Summit in Paris, Altman emphasised OpenAI’s mission to develop AGI (artificial general intelligence) for the benefit of humanity.
Marc Toberoff, attorney for Elon Musk, confirmed the bid submission on Monday.
In response, Altman humorously offered to buy Twitter for $9.74 billion on Musk’s platform.
Unlike many tech giants, OpenAI is not publicly traded but operates through a complex partnership between non-profit and for-profit entities.
Musk aims to return OpenAI to its non-profit roots, despite owning a rival firm, xAI.
Christie Pitts, a tech investor, expressed scepticism about Musk’s intentions, noting his competitive interests.
Altman echoed this sentiment, suggesting Musk’s move disregards OpenAI’s mission.
Altman, who holds no stock in OpenAI, advocates transforming the organisation into a fully for-profit company to raise more funds for AI research.
Although the board has the final say, the $97.4bn offer falls short of OpenAI’s previous $157bn valuation and rumoured $300bn in future funding talks.
Toberoff stated the consortium might increase their bid. Meanwhile, OpenAI is collaborating with Oracle, a Japanese investment firm, and an Emirati sovereign wealth fund on “The Stargate Project,” a $500 billion AI infrastructure initiative announced by President Donald Trump.
E-Business
Adobe Launches AI Video Tool to Compete with OpenAI
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Adobe yesterday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year.
The Firefly Video Model, as Adobe is calling the service, will compete against Sora, a model developed by ChatGPT creator OpenAI, and startup Runway, both of which currently offer video-generation services. Facebook owner Meta Platforms has also developed a video-generation AI model but has not given a timeline for when it will be released.
Adobe’s model differs from its rivals because it is geared toward generating clips that will fit into how film and television studios use Premiere Pro, its flagship video editing software.
To that end, many of the features that Adobe is emphasizing revolve around feeding existing shots into the video model and asking it to generate clips that fix or expand on shots that were taken on a real production set but that did not come out quite right.
Adobe said the service will generate five-second clips at 1080p resolution. While that is shorter than the clips of up to 20 seconds generated by OpenAI’s service, Adobe executives said the majority of individual clips in most productions are only three seconds.
Adobe said a user can generate 20 clips per month for $9.99 and 70 clips for $29.99. That compares with 50 videos for $20 per month with OpenAI’s plan at lower resolution and a $200 OpenAI plan that can handle longer, higher resolution videos.
Adobe is also working on a “Premium” pricing plan for studios and other high-volume video users and will release those pricing details later this year. Alexandru Costin, Adobe’s vice president of generative AI, said the company is working to generate 4K video and will remain focused on quality rather than longer clips.
“We actually think that great motion, great structure, great definition scheme, making the actual clip look like it was film, is more important than making a longer clip that’s unusable,” Costin told Reuters.
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