A global finance expert and proponent of Nigeria’s Digital Asset Strategy, Mr. Ochuko Akejagbor, has unveiled a proposal he says could generate trillions of naira for the country through digital assets.
In an interview, Akejagbor said his plan involves creating a National Digital Asset Commission (NDAC) and National Digital Asset Reserve (NDAR) at the federal level, as well as State Digital Asset Commissions (SDAC) and State Digital Asset Reserves (SDAR) across all states.
“These bodies would identify, select, stockpile, and secure utility-enabled digital assets, positioning Nigeria as a leader in the global digital economy amid the current financial reset,” he said.
The Lagos State University economics graduate explained that his proposal mirrors the United States’ Strategic Bitcoin Reserve, created to offset national debt.
“My proposal replicates this by creating similar national and state reserves that can eliminate Nigeria’s debts and fund development,” he added.
Akejagbor said the NDAC would manage Nigeria’s digital reserves, identify valuable fourth industrial revolution assets, and ensure regulatory and security frameworks are in place.
“The National Digital Asset Reserve would act as Nigeria’s ‘digital Fort Knox,’ holding selected assets with use cases in space aviation, cybersecurity, payments, and governance,” he said.
He urged President Bola Tinubu to approve the establishment of the commissions, noting that the initiative aligns with the President’s $1 trillion GDP goal.
“By 2030, the transition to a machine-to-machine economy will be complete. President Tinubu should act now so Nigeria does not miss this once-in-a-century opportunity,” Akejagbor said.
When asked if he would accept to lead the proposed commission, he replied,
“I would take the appointment as a noble call to serve and push my nation to a top-tier economy.”
