AI-Driven Policy Optimization for Strengthening Economic Resilience and Inclusive Growth in Nigeria

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@article{1706650,
      author = {Eme Akinsehinde Dada, May Equitozia Eyeregba, Chukwunweike Mokogwu, Titilayo Deborah Olorunyomi},
      title = {AI-Driven Policy Optimization for Strengthening Economic Resilience and Inclusive Growth in Nigeria},
      journal = {Iconic Research And Engineering Journals},
      year = {2024},
      volume = {8},
      number = {6},
      pages = {201-210},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1706650.pdf},
      abstract = {This paper explores the transformative potential of Artificial Intelligence (AI) in strengthening economic resilience and fostering inclusive growth in Nigeria. The challenges hindering sustainable development, including governance inefficiencies, infrastructure deficits, and socioeconomic inequalities, highlight AI's critical role in addressing these barriers. AI-driven policy optimization offers innovative mechanisms to improve resource allocation, enhance economic diversification, and create equitable opportunities across sectors. The paper also identifies structural constraints, such as limited digital infrastructure and regulatory gaps, that impede the effective integration of AI solutions. It provides actionable policy recommendations to overcome these hurdles, including investing in digital infrastructure, developing an AI-ready workforce, and implementing robust regulatory frameworks. Future research directions emphasize localizing AI innovations, establishing evaluation mechanisms, and fostering collaborative efforts to ensure sustainable growth. This study underscores the need for deliberate and inclusive strategies to harness AI as a tool for socioeconomic transformation in Nigeria.},
      keywords = {Artificial Intelligence (AI), Economic Resilience, Inclusive Growth, Policy Optimization, Sustainable Development, Nigeria},
      month = {December},
  }