The Independent Corrupt Practices and Other Related Offences Commission (ICPC) in partnership with the National Information Technology Development Agency (NITDA), through its subsidiary, the Office for Nigerian Digital Innovation (ONDI), is opening applications for the Illicit Financial Flows (IFFs) Hackathon.
This was contained in a statement jointly signed by the Spokesperson of the ICPC, Azuka Ogugua and the Head, Corporate Affairs and External Relations, Hadiza Umar stating that the IFF Project is supported by Ford Foundation Office for West Africa. According to the joint statement, the Illicit Financial Flows (IFFs) Hackathon is aimed at developing indigenous solutions to curb Illicit Financial Flows (IFFs) in Ministries, Departments and Agencies (MDAs), check illegal transfer/movement of funds within Nigeria and across international borders, and to ensure effective monitoring of procurement processes.
“This Hackathon will also provide young Nigerians the opportunity to contribute their creativity and entrepreneurial skills by leveraging emerging technologies to combat corruption and other unethical practices impacting negatively on the socio-economic fortunes of the nation. “Therefore, these talented Nigerians will be tasked to come up with clearly-defined ideas and prototype solutions to checkmate IFFS with emphasis on leveraging emerging technologies like Artificial Intelligence (AI), Cloud, Big data, block chain, Quantum computing, Internet of Things (IoT), Augmented Reality (AR), and Virtual Reality (VR) among many others,” the statement revealed.
The statement also disclosed that the two-day event scheduled to hold on 1st and 2nd September 2022 will open with a boot camp at the National Centre for Artificial Intelligence and Robotics (NCAIR), Abuja while a Demo Day will take place at ICPC Auditorium, Abuja on the second day and final day.
