Abuja, Nigeria — Financial analyst and digital asset advocate Ochuko Akejagbor has proposed the establishment of a National Digital Asset Commission (NDAC) and National Digital Asset Reserve (NDAR) to position Nigeria as a leader in the global digital economy.

In a statement made available to The PUNCH on Monday, Akejagbor said the initiative would serve as a strategic blueprint for integrating digital assets into Nigeria’s fiscal and economic development plans, creating both national and state-level frameworks.

He proposed that each state should also establish a State Digital Asset Commission and State Digital Asset Reserve, responsible for identifying, acquiring, and safeguarding utility-enabled digital assets capable of generating value and supporting financial resilience.

“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,” Akejagbor said.

Drawing inspiration from the United States’ Strategic Bitcoin Reserve, Akejagbor said his proposal aims to create a similar system that could help offset national debt and fund development projects.

“My proposal replicates this by creating national and state reserves that can eliminate Nigeria’s debts and fund development,” he added.

Akejagbor, an economics graduate of Lagos State University, explained that the NDAC would oversee Nigeria’s digital reserves, identify valuable Fourth Industrial Revolution (4IR) assets, and ensure a robust regulatory and security framework.

He described the NDAR as Nigeria’s “digital Fort Knox”, a secure national vault for high-value digital assets with applications across space technology, cybersecurity, payments, and e-governance.

Akejagbor urged President Bola Tinubu to approve the establishment of the commissions, noting that the initiative aligns with the administration’s $1 trillion GDP target.

“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,” he said.

When asked if he would accept an appointment to lead the proposed commission, Akejagbor replied,

“I would take the appointment as a noble call to serve and push my nation to a top-tier economy.”