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Dr. Vincent Olatunji, the national commissioner of the Nigeria Data Protection Commission (NDPC), highlighted the pivotal role of the Data Protection Act in driving opportunities within Nigeria’s digital ecosystem and attracting business and investment to the country.
During a media chat in Abuja on Tuesday to mark one year since the implementation of the Nigeria Data Protection Act, Olatunji emphasized that the Act, passed by the 9th Assembly and signed by President Bola Tinubu on June 12, 2023, represents a significant milestone for the nation.
“In terms of economic value, we now have an ecosystem worth over N10 billion due to this law. Regarding Foreign Direct Investment, this legislation has positioned Nigeria as a prime destination for digital business, fostering partnerships with various countries and governments,” Olatunji stated.
He pointed out that the Act has catalyzed job creation, training programs, workshops, and awareness campaigns, enhancing Nigeria’s global reputation in data management capacity building.
Furthermore, Olatunji announced that Nigeria has been selected to host all Data Protection Authorities (DPAs) in Africa in May next year, a privilege made possible by the existence of this law. “This event will significantly boost our economic value, tourism, culture, and FDI, attracting substantial investment by bringing together representatives from about 30 African countries,” he explained.
Olatunji praised President Tinubu for his support and acknowledged that foundational identity is the cornerstone of digital technology. He underscored the necessity of increased investment in data protection, warning that inadequate data protection leaves everyone vulnerable to severe consequences.
He also highlighted the government’s 8-point agenda, noting that technology will be integral to advancing each aspect. “Effective deployment of technology is crucial in today’s world, particularly in protecting the rights, freedom, and interests of all citizens through robust data identity systems,” he added.
Olatunji revealed that the NDPC has received around 1,000 reported data breach cases, identifying seven significant breaches and collecting N400 million in fines from non-compliant entities.
The NDPC has also launched a scheme to train 10,000 public servants in responsible data management, with approximately 5,000 trained so far. Additionally, the commission is set to certify 1,000 Data Processing Officers within the next month.
Solomon Odoli, Project Coordinator of Data for Development, reiterated their commitment to supporting the NDPC in its mandate to ensure the protection of Nigerians’ personal information.
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