The Federal Government has open applications for the Fourth Industrial Revolution Technologies (4IRTA) meant to optimize Nigeria’s economy on Monday.
The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani disclosed this in a statement on X with the intent to encourage and inspire the use of technology.
Tijani wrote, “Our intent is to encourage and inspire the use of technology, especially Fourth Industrial Revolution technologies like UAV, IoT, AI & Blockchain, to optimize different sectors of our economy”.
“So, I’m pleased to announce the launch our first 4IRTA initiative https://4irta.nitda.gov.ng in Agriculture, which will run till Thursday, December 7, 2023.”
He added that the Agriculture Demonstration Project will allow Nigeria identify mainstream market-ready innovations that leverage these 4IR technologies in order to enhance productivity and sustainability in the nation’s agricultural sector.
Selected projects will receive up to N10, 000,000 in funding to deepen the application of 4IR technologies in their work.
The Ministry of Agriculture will provide support to selected pilot farms and navigate a path to scale and sustainability.
“As we co-create innovative solutions in our digital economy, we are actively learning about policy tools and financing models from other parts of the world that will help connect the un-served and underserved”.
He stated that the conversation on developing the right funding model to finance broadband Connectivity, at the working group convened by the UN Broadband Commission for Sustainable Development, Smart Africa and other partners is an important step in bridging the digital divide, which is a key outcome of Nigeria’s infrastructure pillar.