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The National Information Technology Development Agency (NITDA), in partnership with the World Bank and the World Trade Organization (WTO), is taking significant steps to promote diversification through industrialization and digital trade.
This initiative was announced during a meeting at NITDA’s corporate headquarters in Abuja, where NITDA’s Director General, Kashifu Inuwa, welcomed a delegation from the World Bank and WTO, led by Aleksandar Stojanov. The discussions focused on fostering deeper collaboration to enhance digital trade, improve cross-border data services, and develop regulatory policies that would drive economic growth through technological innovations.
Highlighting NITDA’s commitment to updating its regulatory framework, Inuwa stated, “We started with recrafting our Strategic Roadmap and Action Plan 2.0 for 2024-2027, which includes eight strategic pillars. One of these is Strengthening Policy Implementation and Legal Framework, aimed at creating an enabling environment for the digital economy and digital trade.”
Inuwa detailed key regulatory advancements, revealing that NITDA is progressing toward establishing a National Public Key Infrastructure (PKI) to support the nation’s electronic signature framework. He added, “The EU recently developed a Cyber Resilience Act covering software and hardware testing issues. We aim to adopt a similar instrument to address cyber resilience, encompassing software, hardware, firmware, and the national cyber security architecture.”
He emphasized NITDA’s openness to collaborate with various stakeholders, including individuals, organizations, and experts, to refine and implement these strategic initiatives, thereby optimizing Nigeria’s digital landscape.
During his address, Mr. Stojanov shared insights from the World Bank’s digital trade regulatory gap analysis in Africa, particularly Nigeria. He highlighted the critical role that effective regulations can play in enhancing digital trade across the continent.
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