Addressing Issues in AI Innovation, Regulation

Nigeria is at a critical juncture in defining its approach to Artificial Intelligence (AI) governance, with industry stakeholders actively debating the optimal balance between fostering innovation and safeguarding citizens' rights. The ongoing discussion highlights a fundamental tension: the need to unlock the country's digital economy versus the imperative to mitigate emerging risks associated with AI.

During the 2026 AI Summit in Lagos, hosted by T&A Legal, key figures from public and private sectors convened to deliberate on the opportunities and challenges of AI adoption. The summit's theme, 'Artificial Intelligence in Nigeria: Balancing Regulation and Innovation,' underscored the complexity of establishing a regulatory framework that positions Nigeria as a leader in responsible AI deployment across Africa.

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Innovation without regulation is a risk, while regulation without innovation is stagnation.

Oluseyi Adisa, Co-founding Partner of T&A Legal, noted that while many countries are still experimenting with AI governance models, Nigeria has a distinct chance to create a framework suited to its specific realities. She acknowledged AI's potential to contribute billions of dollars to Nigeria's GDP and transform sectors like agriculture, healthcare, and education. However, she stressed that these economic gains must be underpinned by robust safeguards against risks such as algorithmic bias, data misuse, deepfakes, cyber threats, privacy violations, and election interference.

Debola Ibiyode, CEO of CarbonAI, urged caution and diplomacy, stating, "Innovation without regulation is a risk, while regulation without innovation is stagnation." She argued that sustainable economic growth from AI hinges on a framework of Responsible AI, requiring a new global and local approach. Ibiyode challenged the notion that regulation inherently stifles progress, asserting instead that clear rules are essential for building the trust necessary for commercial success. "As humans, we know how to do one thing well: to always seek the negative part of a good thing. We need to put regulations in place so citizens are protected from threats like deepfakes," she added. Other participants agreed that well-crafted regulation can encourage innovation, investment, and trust within the ecosystem.

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As humans, we know how to do one thing well: to always seek the negative part of a good thing. We need to put regulations in place so citizens are protected from threats like deepfakes.