Connect with us

Economy

Borno Launches AI Boot Camp for Youths

Published

on

Borno

Borno AI boot camp begins in Maiduguri as government partners Maxzeeton Technology to train youths in digital and artificial intelligence skills

The Borno State Government has commenced a Borno AI boot camp for secondary school students and young people aimed at equipping them with digital skills for job creation in an increasingly technology-driven economy.

Advertisement

Also read: At least four soldiers killed in ISWAP attack on military base in Borno State

The initiative follows the signing of a Memorandum of Understanding between the state government and Maxzeeton Technology, an indigenous technology company.

The Executive Secretary of the Borno State Information and Communications Technology Development Agency, Kabir Wanori, signed the agreement on behalf of the government in Maiduguri.

He explained that the firm would collect data on youth unemployment and support participants in strengthening their Artificial Intelligence skills.

Advertisement

“The objectives of this partnership are to address the rate of unemployment among youths and to bridge the gender inclusion gap among females in the technology ecosystem,” Wanori said.

He added that the collaboration would encourage innovation and professional networking among young participants, while reaffirming the state’s commitment to youth development and digital empowerment.

Chief Executive Officer of Maxzeeton Technology, Abdullahi Abbati, said the six-month programme would initially target 100 youths in Maiduguri. He disclosed that mentors and industry professionals would be engaged to provide guidance and practical exposure.

Advertisement

Abbati noted that the initiative aligns with Nigeria’s National Digital Economy Policy and Strategy (2020–2030) and the National Artificial Intelligence Strategy, both designed to promote AI adoption and digital skills among the country’s young population.

Also read: Troops Foil Boko Haram Ambush, Recover Supplies in Borno

The Memorandum of Understanding outlines the responsibilities of both parties and provides for termination through formal written notice, signalling what stakeholders describe as a structured and forward-looking partnership.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Economy

NRS Assures Taxpayers VAT Remains at 7.5% Amid Tax Reform Concerns

Published

on

NRS

NRS VAT rate remains 7.5%, the agency says, while addressing concerns over bank deductions, loans and the implementation of Nigeria’s tax reforms

The Nigeria Revenue Service (NRS) has assured taxpayers that Nigeria’s standard Value Added Tax (VAT) rate remains 7.5 per cent, while addressing concerns over the implementation of the country’s new tax reforms.

Also read: Wike Celebrates Fintiri at 59, Hails Him as Loyal Friend

The assurance was given by the Tax Administrator responsible for Kano, Jigawa and Katsina states, Samaila Abdullahi, during an NRS stakeholders’ engagement and tax reform sensitisation programme in Kano.

Advertisement

Abdullahi said concerns raised by individuals, traders, business owners and other stakeholders about the new tax laws were understandable, particularly questions relating to bank transactions, loans, family transfers, business income and the potential impact on small businesses.

He urged taxpayers to understand the reforms through the provisions of the law rather than rely on assumptions or misinformation.

According to him, the tax laws do not automatically authorise deductions from personal bank accounts.

Advertisement

He stressed that tax collection and recovery must follow the applicable legal provisions and procedures.

Abdullahi also clarified that money received as a loan should not automatically be classified as business income or profit, explaining that proper documentation is essential to establish the nature of a transaction.

“For instance, when a trader receives a loan of N500,000, the amount should not automatically be treated as N500,000 in sales or profit, provided the transaction is properly documented,” he said.

Advertisement

The NRS official’s comments were aimed at addressing public concerns about how the new tax framework would affect personal finances and business transactions.

He emphasised the importance of distinguishing between taxable business receipts and other funds, such as documented loans, when determining a taxpayer’s obligations.

The clarification comes amid heightened public interest in Nigeria’s tax reforms and questions about their implications for individuals, traders and small businesses.

Advertisement

Also read: Wike Celebrates Fintiri at 59, Hails Him as Loyal Friend

The NRS urged taxpayers to rely on the provisions of the law and official explanations when assessing their obligations under the new framework.

Advertisement
Continue Reading

Trending