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AI Projected to Boost Nigeria’s Economy by $15 Billion by 2030: Insights from Google

Published

Friday, 14 March 2025, 8:50 am

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AI Projected to Boost Nigeria’s Economy by $15 Billion by 2030: Insights from Google. Director, West Africa, Google, Olumide Balogun, said this at its Economic Impact Report Press Roundtable in Lagos.

Balogun said that the Public First’s Digital Opportunity of Nigeria Report’s projection would be achieved with Google’s commitment to responsible AI development playing a pivotal role. He said that the report revealed that in 2023, Google’s products and services which included Search, Ads, YouTube, and Cloud contributed an estimated $1.8 billion in economic activity across Nigeria.

He said that, according to the report, this estimated $1.8 billion had significantly boosted the productivity of Nigerian businesses, creators, and workers.

Balogun noted that the study highlighted Google’s digital skills programmes, including Digital Skills for Africa and the Career Certificates Programme, as having helped millions of Nigerians.

“Over 1.5 million young adults learnt new digital skills in 2023 alone.

“With Nigeria experiencing rapid digital development, the report highlights the potential for further growth.

“According to the study, every $1 invested in digital technology in Nigeria generates over $8 in economic value.

“This emphasises the critical role of digital technology, including connectivity, cloud computing and artificial intelligence (AI) in shaping Nigeria’s economic future,’’ he said.

Balogun said that Google was thrilled to see the positive impact that digital technology was having on Nigeria’s economy. According to the Google director, this report underscores the importance of continued investment in digital skills and infrastructure to unlock the full potential of Nigeria’s vibrant digital economy.

The director said that in 2021, Google committed $1 billion to accelerate Africa’s digital economy, focusing on improving internet access, supporting local entrepreneurs and fostering innovation. He said that the Digital Opportunity of Nigeria report illustrated how Google investments are already creating lasting impacts in the country.

Balogun said that the report also provided strategic recommendations for policymakers, advocating for increased cloud-first policies and enhanced digital infrastructure to maximise AI’s potential in Nigeria.

According to Balogun, it highlights the need for stronger Science, Technology Engineering and Mathematics (STEM) education and AI fluency to prepare Nigeria’s workforce for the future. The Director and Head of Technology Policy at Public First, Amy Price, said that Nigeria was a digital front-runner in Africa.

Price said that Nigeria’s tech investment would be a powerful catalyst for further growth and development across the country. The Public First director said that this was particularly true when it came to connectivity, cloud computing and AI.

The News Agency of Nigeria reports that Public First is a public policy research agency with specialisation in economic, social and opinion research.

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Five things to know to start your Friday

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3 hours ago

March 14, 2025

John

US judges ordered Trump to reinstate thousands of fired workers Federal judges in California and Maryland have ordered President Donald

read more Five things to know to start your Friday

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MSport Elevates the Game: The Biggest and Best Betting Brand Teams Up with Chelsea & BVB for an Unforgettable TVC!

Published

12 hours ago

March 13, 2025

John

MSport joins forces with Chelsea and Borussia Dortmund (BVB) to unleash a breathtaking new TVC that is set to redefine sports entertainment and captivate football fans worldwide. This high-energy campaign showcases the passion, intensity, and thrill of the game, bringing together two of Europe’s football giants with MSport’s cutting-edge betting experience.

As one of the biggest and best online betting Websites in Nigeria, MSport continuously pushes boundaries to deliver unparalleled excitement to sports bettors. This latest TVC reflects MSport’s commitment to excellence, reinforcing its market leadership while celebrating the electrifying connection between football and betting.

Get ready for an unforgettable experience as this powerful collaboration delivers unmatched excitement, heart-pounding action, and an immersive storytelling journey. From iconic stadium moments to electrifying fan celebrations, this TVC is more than just an Turo247newz.com—it’s a tribute to the spirit of football and the adrenaline-fueled world of sports betting.

Brace yourself—something extraordinary is coming! Join the conversation with #MSportTVCWinBig and predict #WhoisMShola? to be part of the excitement. Both #MSportTVCWinBig and #WhoisMShola? have taken X by storm, skyrocketing to the top trends and securing spots in the top 2!

MSport: One of the Biggest and Best Betting Websites in Nigeria

As one of the largest and most trusted sports betting Websites in Nigeria, MSport has built a reputation for innovation, reliability, and top-tier user experience. Owned by Mobile Sport Group, MSport operates under a fully licensed and regulated framework, ensuring a secure and responsible betting environment for its rapidly expanding user base.

MSport’s strategic partnerships with Chelsea and Borussia Dortmund further establish its reputation as one of the biggest and best betting brands in the industry. These collaborations emphasize MSport’s global credibility, positioning it among the top online betting Websites in Nigeria.

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Regulated & Secure: Licensed under the National Lottery Regulatory Commission (NLRC) in Nigeria, ensuring fair and responsible gaming.
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Seamless User Experience: A mobile-first Website with fast payouts, real-time odds, and 24/7 customer support.
Market-Leading Promotions: Exclusive rewards such as Accumulator Bonuses and Aviator Game incentives, designed to maximize user engagement.
MSport’s only official website: www.msport.com

With its cutting-edge technology, superior odds, and unwavering commitment to responsible gaming, MSport continues to set new benchmarks in the online betting industry, solidifying its position as one of the biggest and best sports betting Websites in Nigeria.

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MSport’s Accumulator Bonus is one of the most lucrative betting features available, providing players with more opportunities to win big. As one of the biggest and best online betting Websites, MSport ensures that users get maximum value for every wager placed.

Start with 3 matches and receive a 3% bonus

Bet on up to 50 matches and earn a 500% boost on winnings

Exclusive: Virtual EPL bettors can receive up to a 55% bonus on their first 10 virtual games.

This game-changing promotion gives players a competitive edge, making every bet more rewarding. MSport continues to set the standard for top-tier promotions, proving why it is one of the biggest and best online betting Websites in Nigeria.

Start betting today and claim your bonuses at MSport’s Official Website!

MSport Aviator – High-Stakes Action with Real-Time Rewards

For those looking for fast-paced, high-stakes gaming, MSport Aviator offers one of the most exciting betting experiences available today. As one of the biggest and best betting Websites in Nigeria, MSport brings players thrilling gameplay with real-time multiplier betting and instant cash-out options.

Daily Random Rain: Win up to ₦1,000,000 in free bets through surprise reward drops.
Lucky Rain Forecast: Every hour, players have a chance to win a random free bet amount, keeping the excitement going.
Friday Aviator Rebate: Bettors share in a ₦1,500,000 prize pool every Friday.

The Aviator game is a prime example of MSport’s innovation in online betting, offering players unrivalled opportunities to win big. This cutting-edge feature makes MSport stand out as one of the biggest and best online betting Websites in the industry.

Use #MSportTVCWinBig to share your best wins and experiences with MSport Aviator and keep soaring to victory!

MSport, Chelsea & Borussia Dortmund: A Winning Alliance

Through its partnerships with Chelsea Football Club and Borussia Dortmund, MSport reaffirms its position as one of the biggest and best online betting platforms in Nigeria. These collaborations strengthen MSport’s global presence, reflecting its commitment to excellence, innovation, and delivering a top-tier betting experience.

As MSport continues to push boundaries in the industry, its dedication to providing secure, rewarding, and action-packed gaming remains unwavering.

MSport – More Than Sport.

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