The National Information Technology Development Agency, NITDA, has remitted N15 million of licensing fees collected from Data Protection Companies, DPCO, to the Nigerian Government.
NITDA recently revealed that has licensed 70 Data Protection Compliance Organisations, created over 2,686 new jobs roles in the industry and developed a new data protection sector which is valued at over N2 million.
According to the Director General of NITDA, Mr. Kashifu Abdullahi, the remitted fund was from DPCO licensing and audit report filing noting that it has issued 230 compliance and enforcement notices; initiated and deposited 8 data breach cases with the Police and resolved over 790 issues.
Abdullahi who was speaking at CCIE has a webinar conference organised by Africa Data Protection Conclave with the theme: “Personal Data Protection and Cybersecurity, a conference aimed at bringing together the leading African nations in data protection and cybersecurity revealed that in less than two years, NITDA has achieved several milestones and recorded unprecedented achievements in the implementation of the Nigeria Data Protection Regulation (NDPR).
He noted that the NITDA approach is to unlock opportunities for our talented youths to harness data, the world’s most valuable resource in the digital economy. NITDA’s regulation protects your data, enhances ease of doing business, and promotes information privacy.
He added: “the model is one of its kinds. It has created a new industry, stimulated new business models, and empowered thousands of Nigerians through capacity building and skills development. He added that NITDA model would help Africa leapfrog in the data economy”.
Abdullahi stated further that with the implementation of the NDPR, “The Agency has also successfully investigated and issued a data breach fine on a public institution making it the first and only data breach fine in Africa for 2020, issued a Guidelines on Use of Personal Data by Public Institutions, 2020, launched the NDPR Portal for filing of audit reports and reporting of breaches; and issued the NDPR Implementation Framework 2020.”
He said that Africa’s rise in the digital economy needs new and bold thinking, saying: “We at NITDA as Nigeria’s IT regulator are working around the clock to learn from the best, improve our offering, empower the young to create and drive solutions and ultimately offer hope for the 200 million people who look up to us to deliver on our massive mandate.”