- FG Loses N2.09bn Through Online Fraud, Launches Data Science Initiative to Monitor Crime
From Isaac Anumihe, Abuja
In response to the rising crime rate and a recent N2.09 billion loss through fraudulent online activities, the Federal Government has launched a new initiative utilizing Big Data and Data Science to address these challenges.
The announcement was made by the Statistician General of the Federation, Prince Adeyemi Adeniran, at the First Bi-Annual Meeting of the National Consultative Committee on Statistics (NCCS) in Keffi, Nasarawa State.
Adeniran highlighted the potential of Big Data and Data Science to analyse vast amounts of information, uncover hidden trends, and predict future outcomes with greater accuracy. This can lead to more informed decision-making, improved crime prevention, and better economic planning.
However, he also acknowledged the challenges associated with this approach, including the need for significant investment in infrastructure, skilled personnel, and data governance.
Nasarawa State Governor Abdullahi Sule echoed these concerns, emphasising the importance of government investment in data to improve its effectiveness across various sectors, including agriculture, healthcare, and finance.