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Home Business Security

Nigeria Targets N125bn Revenue with Data Protection Action Plan

by Techeconomy
December 14, 2023
in Security
0
NDPC roadmap on Data protection displayed by Vincent Olatunji
Dr Vincent Olatunji, National Commissioner of the NDPC displays the Nigeria Data Protection Strategic Roadmap and Action Plan (NDP-SRAP) for 2023-2027.

Dr Vincent Olatunji, National Commissioner of the NDPC displays the Nigeria Data Protection Strategic Roadmap and Action Plan (NDP-SRAP) for 2023-2027.

UBA
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The Nigeria Data Protection Commission (NDPC), Wednesday, launched the Nigeria Data Protection Strategic Roadmap and Action Plan, setting an ambitious target of generating over N125bn in revenues

The plan (NDP-SRAP 2023-2027) encompasses five pillars, including governance, ecosystem and technology, human capital development, cooperation and collaboration, as well as funding and sustainability.

Dr. Vincent Olatunji, the National Commissioner of the NDPC, underscored the significance of the NDP-SRAP for building a robust data protection sector.

He said, “The NDP-SRAP comprises interlinked initiatives and activities like job, wealth creation, human capital development, revenue generation, foundational initiatives for the digital economy, and enhancing Nigeria’s global reputation.

“These activities are expected to create about 500,000 jobs, generate revenue of more than N125bn, and expand the sector within the lifespan of this roadmap.

“The roadmap will contribute to the growth of the country’s international businesses and its global competitiveness in human capital.

“In security, it is one area that will check malicious use of identity; unauthorized access to people’s data and information used for various things; build trust and improve the global perception of Nigerians, ” he said.

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