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Data Science Could Improve Nigeria’s Foreign Exchange – Adekanmbi
Olubayo Adekanmbi, the Convener of Data Science Nigeria (DSN) has said that data science could be a major Foreign exchange earner for the country if it’s well harnessed.
He said that data science is the fastest growing in the world and by implication has huge demand for data scientist, this means that Nigeria can become an outsourcing hub for data scientist just like India is in software.
He stated this over the weekend at the Award night for the intercampus machine learning competition and deep learning hackathon organized by Data Science Nigeria in Lagos.
According to him, “The fact is that today in the world data science is the number one carrier, it is the fastest growing in the world.
“So the implication is that demand for data science is not met in the US, in the UK and in Canada, they are all looking for data scientist.
“Interestingly it’s predicted that by 2020 US will have about two million data analytic vacancies that they cannot fill.
“Why can Nigeria not become an outsourcing headquarters, where these projects can be outsourced because these things are virtual projects, they are data projects, they are not jobs that you have to there physically.
“So we can begin to create outsourcing businesses in Nigeria that will be doing these projects for all these international companies, like what is already happening in India and as we do that we will bring more forex into Nigeria and increase our GDP as a country and the multiplier effect of that will drive massive micro economic impact that will bring incremental social welfare and actually make our country much better.”
He added that aim of Data Science Nigeria is to raise new breed of experts who will contribute to driving the Nigerian narratives as far as Artificial intelligence is concerned.
Adekanmbi explained that in a few years from now greatness of any country will be directly proportional to their use of AI.
He said “if you look at what is happening in China, UAE and America, you will realize that the future belongs to the countries that use AI.
“This is why we’ve taken time to start investing in our talents before we go through another second slavery because we failed to uplift ourselves.”
He explained that Nigeria has raw talents that need to be harnessed so as to create the effect that will drive economy impact in the country.
Speaking on the sideline, Ismael Kone, Ivorian national who came to Nigeria from morocco to participate at the boot camp, explained that his reason for participating in data science Nigeria boot camp is in line with the common goal of solving African problem by Africans using AI.
Kone commended organizers of data science boot camp for putting together such gathering that will help Africans solve African problems,
He added that if this is sustained in Nigeria in the near future the country will becoming an AI Hub in Africa.
According to him, “we have the same mindset here in Africa of using AI to solve problems and this is something that have been in phases during this boot camp.
“I met a medical student in this camp and we are thinking about how we can do something about malaria and we know that, it is a big threat in our society right now, Ivory Coast is not left behind, we have the problem.
“So I think that with this kind of gathering, it will help us to empower Africans to talk about solving our problems.
“And I see in the near future a bright future for Nigeria, with all these people that came here to just learn about AI, Nigeria will eventually become an AI Hub in Africa”.
He added that his experience at the data science Nigeria boot camp has been amazing, stressing that before he came to Nigeria he had an unpalatable image about Nigeria but now that he is here everything is different.
He noted that Nigerians are very hospitable and accommodating people.
The need for Nigeria to think outside the box in its need to drive towards global relevance with innovations and scientific developments will be on the front burner at the NITRA Innovative & Scientific Conference scheduled to hold on Thursday July 23, 2026 in Ikeja, Lagos.
NITRA
The Nigerian Communications Commission (NCC) will lead other delegates to discuss and take far-reaching decisions at the event, which has its theme as “Bridging Nigeria’s Digital Divide With Scientific Innovation”.
Other companies that have indicated interest in partnering with NITRA include mobile communications company, Tecno; Africa’s premier end-to-end AI solutions company, Hyperspace; and telecommunications data infrastructure company, Digital Realty.
Speaking on the proposed event, the Chairman, Nigeria Information Technology Reporters Association (NITRA), Chike Onwuegbuchi noted that the event will seek to create a platform for government and private organisations to deliberate on policies around scientific innovations in Nigeria, challenges, place of indigenous and foreign collaboration, roles of each stakeholder, and grassroots development in that regard, among others.
According to him: “The Federal government, with series of programmes and partnerships, has established the urgent need to create an ecosystem that thrives on scientific innovation, breeding institutions and individuals with a target of placing the country at the fore-front of Next-Gen development.
It is a known fact that digital and scientific innovations are crucial, not only to the survivability of a nation, but also to the sustainability of its growth and development, with significant effect on economic strength, global image, defense and security, government capabilities to function, and public health and safety, communication and digital footprint, among others.
The federal government is actively driving scientific innovation to foster economic diversification and build a $1 trillion economy by 2030. Efforts are heavily focused on commercializing research, establishing massive research funds, and funding strategic infrastructure, particularly in technology, biotechnology, and healthcare. Core government initiatives and policies include the newly instituted National Research and Innovation Development Fund (NRIDF), which aims to mobilize about $500 million annually to support research and the commercialization of scientific outputs; and the Nigeria Genomic City, a multi-ministerial initiative aimed at transforming Nigeria into a leading hub for genomics, precision medicine, and biotechnology. It is designed to protect indigenous data, stimulate artificial intelligence in health, and develop a highly skilled scientific workforce.
According to the General Secretary of NITRA, Mr. Chidiebere Nwankwo, the forum will also be a vehicle to propagating the views of decision makers to the public, thereby furthering the cause of public awareness and information dissemination on the topic.
The focus, he said will be on how Nigeria can sustain digital innovative growth and scientific development in Nigeria
Concerns over network reliability and its impact on Nigeria’s growing creator economy took centre stage at MTN Nigeria’s Data on Trial event, where content creator and streamer, Jarvis, challenged telecommunications operators to improve connectivity for digital creators.
Speaking during the event, Jarvis asked whether there were locations in Nigeria where uninterrupted internet connectivity could support real-life (IRL) streaming without network disruptions.
“Are there places where there is no breakage when streaming IRL?” she asked.
Her question highlighted the challenges faced by content creators who depend on stable internet services for live streaming, content uploads and real-time engagement with audiences.
Responding, MTN Nigeria’s Chief Technical Officer, Mr Yahaya Ibrahim, said network performance depends on several factors, including location, network coverage, device capability and the number of users connected to a particular base station.
He noted that operators continue to invest in expanding network capacity to meet the growing demand for data services.
Earlier, MTN’s General Manager, Network Performance and Quality Assurance, Mr Michael Ndukwe, explained the evolution of mobile network technology in Nigeria, from first-generation (1G) services to the current fifth-generation (5G) technology.
According to him, each phase of technological advancement has significantly increased network capacity and enabled new digital services.
Ndukwe cited Nigerian Communications Commission (NCC) data showing that Nigerians consumed about 13.2 million terabytes of data in 2025.
He added that data usage reached approximately 4.06 million terabytes in the first quarter of 2026, reflecting the country’s increasing reliance on digital platforms and online services.
According to him, the growth is being driven by wider adoption of 4G and 5G networks, increased smartphone penetration, the proliferation of smart devices and expanding use of social media platforms.
Participants at the event noted that as more Nigerians build businesses and careers around digital content, access to reliable and high-speed internet has become critical to sustaining the country’s digital economy and creator ecosystem.
In an era where customer complaints about data consumption often play out on social media, MTN Nigeria took an unusual step. Rather than issue another statement, the company opened its doors and invited critics, customers, influencers and journalists to interrogate its operations at the Data On Trial in Lagos.
Dr Karl Toriola, MTN Nigeria
The session offered a rare glimpse into the realities behind Nigeria’s digital economy. MTN Nigeria CEO, Dr Karl Toriola, acknowledged public concerns and encouraged participants to ask difficult questions. “Give it to us as hard as you can. Ask us the most difficult questions, don’t hold back,” he said. The company used the platform to explain how factors such as automatic cloud backups, video streaming and app settings contribute significantly to data consumption, issues many users often overlook.
Beyond addressing consumer concerns, MTN shed light on the scale of investment required to keep Nigeria connected. Toriola disclosed that the company invested close to ₦1 trillion in network infrastructure last year and plans to exceed that figure this year. He explained that these investments support network expansion, improved capacity and service delivery for millions of Nigerians across the country.
The session also highlighted MTN’s commitment to accountability. Company executives explained that MTN’s billing systems are independently audited and reviewed by regulators to ensure accuracy and fairness. “What we are saying authoritatively is we will never deliberately shortchange you on the consumption of your data,” Toriola stated, reaffirming the company’s position on customer trust and transparency.
More than a defence of its network, Data On Trial reflected a company willing to engage openly with the people it serves. At a time when digital connectivity has become central to everyday life, MTN’s decision to answer tough questions in public signalled a broader commitment to transparency, customer education and continuous investment in Nigeria’s digital future.
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