• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Friday, February 20, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home National

Nigeria’s Digital Economy: Trust and Data Protection as Pillars for a $1 Trillion Vision

Nathaniel Irobi by Nathaniel Irobi
January 30, 2026
in National
0
Nigeria’s Digital Economy: Trust and Data Protection as Pillars for a $1 Trillion Vision
0
SHARES
8
VIEWS
FacebookTwitterWhatsappEmailTelegram

 

In a significant statement regarding Nigeria’s ambitious goal of establishing a $1 trillion digital economy, the Federal Government emphasised the critical need for trust and robust data protection measures. This declaration was made by Bosun Tijani, the Minister of Communications, during a press conference in Abuja to commemorate Global Privacy Day 2026, organised by the Nigeria Data Protection Commission (NDPC).

RelatedPosts

Orderly Conduct: Tinubu’s Charge to Voters in FCT, Kano, Rivers

8 Years On, Foundation Urges Tinubu To Free Leah

SSS to Arraign El-Rufai on February 25 Over Cybercrime, Security Charges

Minister Tijani asserted that the success of Nigeria’s digital transformation hinges on the establishment of trust among its citizens. “When we lose trust in this sector, people will be discouraged from actually relying on some of the tools that we hope can transform into economic growth,” he stated. He underscored the necessity for citizens to feel assured that their personal data is respected, protected, and utilised appropriately, with the NDPC playing a pivotal role in building that trust.

The Minister further elaborated that digital technology must serve as a catalyst for shared prosperity, ensuring that every segment of the population benefits from Nigeria’s digital advancements. He cited President Bola Tinubu’s early commitment, demonstrated by the signing of the Nigeria Data Protection Act into law, as a clear signal of the administration’s dedication to safeguarding citizens’ rights, dignity, and personal data as Nigeria advances its digital transformation agenda.

Vincent Olatunji, the National Commissioner of NDPC, highlighted the commission’s achievements during the Global Privacy Day event, which aimed to raise awareness about data privacy and protection. He noted that the day serves to educate citizens on privacy in the digital era and promote responsible data handling alongside ethical use of emerging technologies.

ALSO READ:  Blackout as national grid collapses for second time in 3 days

Among the notable accomplishments of the NDPC, Olatunji reported the generation of over ₦5.2 billion in compliance revenue, with Nigeria’s data protection ecosystem currently valued at over ₦16.2 billion. He elaborated on the commission’s regulatory performance, stating that compliance monitoring has expanded across both public and private sectors, with 38,677 registered data controllers and data processors now operating under the Nigeria Data Protection Act of 2023.

The commission has licensed 307 Data Protection Compliance Organisations (DPCOs), filed over 8,155 compliance audit returns, and concluded 246 investigations into data protection and privacy breaches. These investigations have led to 11 enforcement actions, including fines and directives for remediation. Olatunji also mentioned that the NDPC has issued general application and implementation directives, translated the Nigeria Data Protection Act into three major Nigerian languages, and issued compliance notices to 1,348 entities spanning banking, insurance, pension, and gaming sectors.

The NDPC’s efforts have not only led to a more robust regulatory framework but have also created approximately 23,000 jobs and garnered international recognition for the commission. Looking ahead, Olatunji announced that in 2026, the NDPC plans to intensify its efforts in promoting awareness about data protection and privacy, as well as enforcing the provisions of the Nigeria Data Protection Act (NDPA).

“We are going to increase awareness creation to promote a deeper understanding of data protection and privacy across Nigeria and provide guidance and support to organisations on data protection best practices,” he affirmed. Additionally, the NDPC aims to engage in capacity building and certify professionals through the National Data Protection Officer Certification to align with global standards in data protection practices.

ALSO READ:  CBN adopts Retail Dutch Auction to boost liquidity

Kashifu Inuwa, Director-General of the National Information Technology Development Agency (NITDA), echoed the sentiments regarding the importance of Nigeria’s data protection ecosystem, which has gained global recognition through policy reforms and the diligent work of the NDPC. Inuwa pointed out that innovation and privacy are not mutually exclusive; rather, they are complementary pillars essential for a sustainable digital future.

He advocated for stronger collaboration among regulators, private-sector players, academia, and civil society to enhance the implementation of privacy-by-design principles and ensure ethical data use across all sectors. In a rapidly evolving digital landscape, the call for unity and shared responsibility is crucial.

As Nigeria forges ahead in its quest to realise a $1 trillion digital economy, the emphasis on trust and data protection will be vital. The collective effort of the government, private sector, and citizens will determine the success of this ambitious vision, fostering an environment where innovation thrives alongside rigorous data protection standards.

In summary, Nigeria’s path towards a robust digital economy is paved with the foundational principles of trust and data protection. The government’s proactive measures, coupled with the active engagement of the NDPC, present a promising outlook for the nation’s digital landscape, ensuring that the benefits of technological advancements are accessible to all citizens. As the country takes strides towards this monumental goal, the focus on ethical data practices will be essential in fostering a digital ecosystem that is both innovative and secure.

This holistic approach not only seeks to enhance economic growth but also aims to empower citizens, engendering a sense of confidence and security in the digital age. The future of Nigeria’s digital economy rests on the commitment to these core values, which will ultimately define the nation’s trajectory in the global digital arena.

ALSO READ:  CAN Says Tinubu On Right Tract, Calls For Perseverance
Tags: Digital Economy
Previous Post

Nigeria Takes Flight: Abuja Airport Deploys First Electric Vehicle Fleet

Next Post

Anambra Mandates School Resumption on Mondays, Threatens Closure for Non-Compliance

Nathaniel Irobi

Nathaniel Irobi

Related Posts

Orderly Conduct: Tinubu’s Charge to Voters in FCT, Kano, Rivers

Orderly Conduct: Tinubu’s Charge to Voters in FCT, Kano, Rivers

by Nathaniel Irobi
February 20, 2026
0

President Bola Tinubu has urged voters, security agencies and officials of the Independent National Electoral Commission, INEC, to act responsibly...

8 Years On, Foundation Urges Tinubu To Free Leah

8 Years On, Foundation Urges Tinubu To Free Leah

by Elanza
February 20, 2026
0

The Para-Mallam Peace Foundation has urged President Bola Ahmed Tinubu to make the release of Leah Sharibu an urgent national...

SSS to Arraign El-Rufai on February 25 Over Cybercrime, Security Charges

SSS to Arraign El-Rufai on February 25 Over Cybercrime, Security Charges

by Nathaniel Irobi
February 20, 2026
0

The State Security Service, SSS, will on Feb 25, arraign former Gov. Nasir El-Rufai of Kaduna State on alleged cybercrime...

Next Post
Anambra Mandates School Resumption on Mondays, Threatens Closure for Non-Compliance

Anambra Mandates School Resumption on Mondays, Threatens Closure for Non-Compliance

Governor Yusuf Dissolves Kano State Consumer Protection Council

NNPP: Yusuf resisted manipulation, won’t betray Kano people

Recommended

Kaduna Inaugurates DRIVE Initiative to Boost Immunisation Coverage

Kaduna Inaugurates DRIVE Initiative to Boost Immunisation Coverage

1 day ago
Navy Seizes Nearly Half a Tonne of Illicit Drugs in Lagos

Navy Seizes Nearly Half a Tonne of Illicit Drugs in Lagos

7 hours ago

Popular News

  • Library and Information Science, Backbone Of Academic Success – Prof Bunza

    Library and Information Science, Backbone Of Academic Success – Prof Bunza

    0 shares
    Share 0 Tweet 0
  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • Southern Kaduna Coalition Rejects VP Call For Defence Minister

    0 shares
    Share 0 Tweet 0
  • BREAKING News :Shari’ah Council Demands INEC Chairman’s Removal

    0 shares
    Share 0 Tweet 0
  • Southern Kaduna Politician and Bridge-Builder, Hon. Francis ‘Zimbo’ Amgwa, Dies After Brief Illness

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (817)
  • Education (257)
  • Entertainment (339)
  • Health (238)
  • National (3,079)
  • News (9,667)
  • Opinion (400)
  • Politics (1,922)
  • Science (15)
  • Security (413)
  • Sports (607)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform