The National Information Technology Development Agency (NITDA), through its subsidiary, the Office for Nigerian Digital Innovation (ONDI), in partnership with the Independent Corrupt Practices and Other Related Offences Commission (ICPC), said it is now accepting applications for the 2022 Illicit Financial Flows (IFFs) Hackathon.
The IFF Hackathon Project, supported by Ford Foundation West Africa, is aimed at developing indigenous solutions to curb illicit financial flows (IFFs) in ministries, departments and agencies (MDAs), check illegal transfer/movement of funds within Nigeria and across international borders and ensure effective monitoring of procurement processes.
A statement co-signed by the head, corporate affairs and external relations, NITDA, Mrs. Hadiza Umar and the ICPC spokesperson, Mrs. Azuka Ogugua said the hackathon will also provide young Nigerians with the opportunity to contribute their creativity and entrepreneurial skills by leveraging emerging technologies to combat corruption and other unethical practices impacting negatively on the socio-economic fortunes of the nation.
“Therefore, these talented Nigerians will be tasked to come up with clearly-defined ideas and prototype solutions to checkmate IFFS with emphasis on leveraging emerging technologies like artificial intelligence (AI), cloud, big data, blockchain, quantum computing, Internet of Things (IoT), augmented reality (AR), and virtual reality (VR), among many others.
“The two-day event scheduled to hold on September 1 and 2, 2022, will open with a boot camp at the National Centre for Artificial Intelligence and Robotics (NCAIR) Abuja while a ‘demo day’ will take place at ICPC auditorium, Abuja on the second day and final day.
“Therefore, ONDI is calling for applications from eligible individuals/groups with innovative ideas and prototypes that would leverage emerging technologies to help address the menace of IFFs within the nation’s expanding digital economy,” the statement read in part.
The ONDI is a subsidiary of NITDA, created to ensure the promotion, growth, and protection of Nigeria’s digital innovation ecosystem for the growth of Nigeria’s digital economy. The office is responsible for facilitating the growth of the Nigerian digital economy through the creation of innovation-driven enterprises that will promote job creation and the proliferation of market-creating innovations to create more prosperity for Nigeria.
It urged interested individuals/groups to visit: https://bit.ly/iffhackathon and apply before the closing date on August 26, 2022, for more details on the application requirement.
