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NITDA Debunks Cash Grant Rumours



The Nigerian government’s IT development agency, the Nigerian Information Technology Development Agency (NITDA), has issued a statement denying reports that it is offering financial grants through social media.

The NITDA has made it clear that no such program exists, and the public has been warned not to give funds to any of these platforms.

The agency moved quickly to correct the false information that had been widely disseminated on social media.

Fraudsters were misrepresenting the NITDA as providing financial aid to startups and other businesses as part of a program to encourage technical innovation and entrepreneurship.

To gain access to the supposed funds, the fraudsters allegedly asked would-be victims to give personal information and make payments.

These claims were completely false and meant to trick innocent Nigerians. The NITDA has urged the public to remain vigilant and report any suspicious activity to the authorities.

The NITDA has issued a warning to citizens to be cautious and vigilant. The agency has made it clear that it is not involved in any financial handout programs and strongly advises individuals not to disclose sensitive information such as banking details to anyone claiming to be affiliated with them.

To combat the spread of false information, the organization has launched a campaign to raise public awareness through various mediums.

Its mission is to educate people about the dangers of falling for online scams and the importance of verifying information before taking any action.

The NITDA’s Computer Emergency Readiness and Response Team acted promptly, demonstrating how seriously they take their responsibility to protect Nigerians from online fraud.

This serves as a gentle reminder to be wary of unsolicited offers or promises of financial gain.

Recently, just before the transition of government to the newly elected President of Nigeria, the NITDA launched the National Blockchain Policy and inaugurated the Implementation and Steering Committee in Abuja.

At that event, the Minister of Information and Digital Economy, Professor Isa Pantami announced that blockchain and its all its components are now legal in Nigeria.

In 2022, the agency also launched its Blockchain education program where it aimed to train about 500,000 Nigerians in blockchain technology.

A day ago, the Agency’s DG met with SiBAN, a blockchain and cryptocurrency self- regulatory body in Nigeria, and the conversation centered on collaborating to advance blockchain development in Nigeria.

Read also: Certik reveals shocking details on scams in May

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