14/10/2026
Bamisile Advocates Blockchain Education to Drive Nigeria’s Digital Economy
SEC, CBN, NFIU, NITDA participate as National Blockchain Education Programme curriculum is adopted at House of Representatives
The Chairman of the House of Representatives Committee on Delegated Legislation, Rt. Hon. Richard Olufemi Bamisile, PhD, has advocated the integration of practical skills, cybersecurity and regulatory compliance into Nigeria’s blockchain education curriculum to strengthen the country’s capacity to compete in the emerging digital economy.
Bamisile made the call on Tuesday, October 13, 2026, at the House of Representatives, National Assembly Complex, Abuja, during the curriculum review meeting of the National Blockchain Education Programme, organised by the Blockchain Adoption Initiative (BAI) in collaboration with the African University of Science and Technology (AUST), Baze University and Nile University.
The curriculum was adopted at the end of the meeting following deliberations by participants and stakeholders, marking a significant milestone in efforts to advance blockchain education and develop local expertise in Nigeria’s digital economy.
The meeting attracted representatives of key regulatory agencies, including the Securities and Exchange Commission (SEC), Central Bank of Nigeria (CBN), Nigerian Financial Intelligence Unit (NFIU) and National Information Technology Development Agency (NITDA), alongside representatives of the collaborating universities, government institutions and industry stakeholders.
Speaking at the event, Bamisile said blockchain education was essential to preparing Nigerian youths to become innovators, entrepreneurs and problem-solvers rather than remaining consumers of technologies developed elsewhere.
He noted that blockchain technology offers opportunities beyond cryptocurrency, with applications in financial services, agriculture, supply-chain management, digital identity and secure record-keeping.
According to him, harnessing these opportunities requires quality education, practical training, responsible innovation and effective regulation.
The lawmaker recalled his recent assignment as Chairman of the House of Representatives Ad Hoc Committee on the Economic, Security and Regulatory Implications of Cryptocurrency Adoption and Point-of-Sale Operations in Nigeria, noting that the experience reinforced the importance of public education and regulatory preparedness.
He disclosed that promoting blockchain education was one of the recommendations of the ad hoc committee.
Bamisile, who also chairs the House Committee on Delegated Legislation, emphasised the need to ensure that subsidiary legislation remains lawful, effective and responsive to technological developments.
“Education helps us understand innovation; sound regulation ensures that innovation serves the public interest,” he said.
He urged the organisers and collaborating universities to ensure that the adopted curriculum goes beyond theoretical knowledge by incorporating practical training, cybersecurity awareness, regulatory compliance, research and entrepreneurship.
The lawmaker further stressed the importance of measurable outcomes in skills development, innovation, enterprise creation and employment, noting that the programme should equip young Nigerians with competencies relevant to the demands of the digital economy.
He commended the Blockchain Adoption Initiative and the three collaborating universities for their partnership, describing the initiative as an important step towards developing local capacity and promoting responsible blockchain adoption.
Bamisile urged stakeholders to sustain their commitment to preparing Nigerians to participate actively in shaping the global technological revolution and deploying emerging technologies for national development.
The adoption of the curriculum represents an important step towards establishing a structured framework for blockchain education in Nigeria, with emphasis on practical knowledge, responsible innovation, regulatory awareness and the country’s long-term digital transformation objectives.