The National Commissioner, Nigeria Data Protection Bureau, Dr Vincent Olatunji, has stated that the sector has mixed earnings of N5.5bn, contributing to the Gross Domestic Product of the nation.
Olatunji who disclosed this in the course of the govt session on the Nigeria-Netherlands Economic Consultation on Wednesday in Abuja, reiterated the most important significance of the bureau’s contribution to Nigeria’s GDP.
He said that Nigeria leads in information protection in Africa with over 200 million individuals in comparison with different nations.
“The EU nations have gone forward with Data Protection however Nigeria acquire the lead in Africa with over 200 million individuals. We have put in place an applicable construction to create confidence and belief in no matter you’re doing with us in phrases of commerce and commerce as a result of one of many aims of the NDPR is to extend the worldwide competitiveness of companies in the nation.
“We have a combined earning of N5.5bn in the sector, which is contributing to our GDP,” he stated.
The NDPB commissioner additional stated that the non-public information of the Dutch residents are protected in Nigeria, assuring them that applicable safeguards have been put in place by the Nigeria Data Protection Regulation and the institution of the Nigeria Data Protection Bureau by the Federal Government.
He solicited partnership in the world of peer evaluate in implementing information protection rules and legal guidelines between the 2 nations and different areas, including, “We are happy to work with you in the area of awareness and capacity building and spreading the gospel of data protection because it is the key, the bedrock of the global digital economy.”
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