The National Information Technology Development Agency (NITDA) of Nigeria has initiated the development of 'Nigerium,' an indigenous blockchain aimed at safeguarding national data and enhancing cybersecurity.

This project comes in response to concerns over foreign-controlled blockchain technologies, which may compromise Nigeria's data sovereignty.

Led by NITDA Director General Kashifu Abdullahi, the collaboration with the University of Hertfordshire Law School underscores the project's focus on aligning blockchain technology with Nigeria's regulatory framework.

'Nigerium' aims to provide a secure platform tailored to Nigeria's specific needs, ensuring compliance with national laws and bolstering data integrity.

This initiative not only strengthens Nigeria's cybersecurity infrastructure but also positions the country as a pioneer in blockchain technology within Africa, fostering innovation and economic growth through strategic public-private partnerships.