National Economy
Wednesday, October 1, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Business

Nig@65: NDPC Act Boosts Nation’s Economic, Global Image – Expert

by Ngozi Ibe
2 hours ago
in Business
Reading Time: 2 mins read
NDPC,Nig@65
Share on FacebookShare on TwitterShare on Telegram

As Nigeria marks 65 years of independence, experts have highlighted the transformative impact of the Nigeria Data Protection Act (NDPA) on the country’s economy, digital ecosystem, and international standing.

Mr. Tokunbo Smith, President of the Data Knowledge Information and Privacy Protection Initiative (DKIPPI), said the signing of the NDPA by the President had generated billions of naira in revenue while creating thousands of jobs across multiple sectors.

According to him, the Nigeria Data Protection Commission (NDPC) has so far licensed 274 Data Protection Compliance Organisations (DPCOs), each employing between three to ten people, contributing significantly to youth employment. In addition, the law requires every organisation to appoint a Data Protection Officer (DPO), opening new professional opportunities and strengthening Nigeria’s digital workforce.

Smith explained that the Act is driving innovation and creativity, especially in the emerging field of Artificial Intelligence (AI), which relies heavily on secure data regulation. He noted that the NDPC’s local certification exam, costing between N250,000 and N500,000, has made data protection knowledge more accessible to Nigerian youth, with certificates projected to gain wide recognition across Africa.

You May Like

Nigeria’s London Mission Staff Trained On Data Privacy Compliance

Experts Warn: Banking Without AI Is A Losing Strategy

The growing reputation of Nigeria’s data protection framework, he added, has drawn interest from six African nations seeking to learn and possibly replicate the system. This international recognition, he stressed, has enhanced Nigeria’s global image and positioned the country as a leader in digital governance.

Beyond job creation and innovation, Smith said the NDPC’s public awareness campaigns — including translations of its applications into Yoruba, Igbo, and Hausa — are helping to reduce Nigerians’ vulnerability to fraudsters and identity theft. This, he argued, not only strengthens national security but also improves Nigeria’s international reputation as fraud-related losses decline.

However, he acknowledged persistent challenges such as insufficient funding for the NDPC and reluctance from some corporate organisations to comply with the law. He called for aggressive awareness campaigns, compulsory compliance by all organisations, and increased government support to ensure the full implementation of the Act.

Smith concluded that adopting data protection as a national culture is essential to sustaining the economic gains and global recognition Nigeria has achieved under the NDPA.

Tags: NDCPNDPCNig@65
ShareTweetShare
Previous Post

Trade Fair Vendors Decry Low Patronage, Express Optimism

Next Post

Experts Warn: Banking Without AI Is A Losing Strategy

ANOTHER GOOD READ

Business

Nigeria’s London Mission Staff Trained On Data Privacy Compliance

2 hours ago
Experts Warn: Banking Without AI Is A Losing Strategy
Business

Experts Warn: Banking Without AI Is A Losing Strategy

2 hours ago
Trade Fair Vendors Decry Low Patronage, Express Optimism
Business

Trade Fair Vendors Decry Low Patronage, Express Optimism

2 hours ago
SON Raises Alarm Over Influx Of Fake Engine Oil In Nigeria
Business

Global Economy Loses $4.7trn Annually To Fraud – SON

2 hours ago
National Grid Collapses Again Triggering Widespread Blackouts
Business

65th Independence: Experts Hail New Electricity Act As Game-Changer For Power Sector

2 hours ago
FAAN Seeks Investment In Cargo, Aviation Industry
Business

FAAN Rolls Out Contactless Payment System At Lagos, Abuja Airports

3 hours ago
Next Post
Experts Warn: Banking Without AI Is A Losing Strategy

Experts Warn: Banking Without AI Is A Losing Strategy

Most Recent

NASRDA Pushes Space Education

NASRDA Pushes Space Education

October 1, 2025

Nigeria’s London Mission Staff Trained On Data Privacy Compliance

October 1, 2025
Experts Warn: Banking Without AI Is A Losing Strategy

Experts Warn: Banking Without AI Is A Losing Strategy

October 1, 2025
Nig@65: NDPC Act Boosts Nation’s Economic, Global Image – Expert

Nig@65: NDPC Act Boosts Nation’s Economic, Global Image – Expert

October 1, 2025
Trade Fair Vendors Decry Low Patronage, Express Optimism

Trade Fair Vendors Decry Low Patronage, Express Optimism

October 1, 2025
SON Raises Alarm Over Influx Of Fake Engine Oil In Nigeria

Global Economy Loses $4.7trn Annually To Fraud – SON

October 1, 2025
AfDB, Partners Raise $2.2bn For Agro Zones Expansion

AfDB, Private Sector Leaders Forge Stronger Alliance For Africa’s Growth

October 1, 2025
AfDB, Partners Raise $2.2bn For Agro Zones Expansion

Africa Must Turn Trade Disruptions Into Growth Opportunities – AfDB President

October 1, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy