ICT

IN NUMBERS: Nigeria’s data protection market valued at N2.2billion

The ​​National Information Technology Development Agency (NITDA) has recorded tremendous achievement as statistics in the Agency’s first Annual Nigeria Data Protection Regulation (NDPR) Performance Report 2019-2020, show the industry is worth over two billion naira (N2billion), TechEconomy.ng can report.

The Report unveiled by the Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami), has shown that NDPR met the need of the Nigerian environment; indicating that 76% of Data Protection Compliance Organisations (DPCOs) has helped the country in their compliance with the regulation.

Dr. Isa Pantami

Dr Pantami expressed his satisfaction on how NITDA provided requisite support for industry adoption of the NDPR, adding that “I have reviewed the report and I am proud to see that we have through the NDPR, 2,686 job roles, thereby creating massive opportunities for young Nigerians to be recruited as Data Protection Officers, Data Protection Compliance Organisations, Compliance officers among others.

In the Numbers:
  • 790 issues

A total of 790 issues were resolved under NDPR.

  • 70 DPCOs

During the period under review, a total of 70 Data Protection Compliance Organisations (DPCOs) were licensed.NITDA

Source: NDPR performance report

  • 635 audit filings
Read:  NIS2020: Nigeria’s broadband subscriptions have reached 82.7 million – Danbatta

Number of audit filings received by NITDA

  • N12.6m paid to FG

N12, 650,000 was paid to the Federal Government for filing of NDPR audit report

  • 13 sectors

The number of sectors represented in the NDPR reporting is thirteen.NITDA

Source: NDPR performance report

  • N2.2Billion market value

N2,295,240,000 is the value of the NDPE audit market

  • 2686 jobs

Jobs created through the NDPR implementation

  • 93 events

NITDA facilitated 93 events that are NDPR related

  • 7 data controllers

NITDA has scheduled seven (7) data controllers for immediate enforcement

  • 15 investigations

Under NDPR, the Agency has conducted 15 investigations on alleged data breaches with one (1) investigations concluded.

  • N1m fine

A fine of one million naira (N1m) was issued and collected. The affected agency is the Lagos State Internal Revenue Service (LIRS).

  • 230 compliance notice

During the period under review, a total of 230 compliance & enforcement notices were issued.

  • 1230 Phone calls

The Agency interchanged 1230 calls in 15 months that are NDPR related.

While making a remark, the Director General of NITDA, Mallam Kashifu Inuwa Abdullahi, stated that the goal of the report is to give all stakeholders the opportunity to understand how the Agency has fared in the implementation of the NDPR, adding that understanding between industry players would generate further research and provide guidance to other regulators, partners, data controllers, data processors and other stakeholders. DG NITDA, Kashifu Inuwa Abdullahi

Read:  Contipharma Launches Saliva-based Omicron Detecting PCR Test in Africa.

He said NITDA made a compilation of all the organisations who filed their annual audit report for the year 2019.

“Submission of an audit report does not conclusively indicate compliance with all tenets of data protection, this list shows organisations who have complied with the audit filing requirement of the NDPR, which is a key milestone towards compliance. It is important to note that non-filing of the NDPR audit report is a breach of the Regulation,” he said.

Mallam Kashifu added that, “the Report, being the first of its kind is aimed at highlighting key initiatives, successes and challenges of implementing the Regulation. The NDPR being a flagship of the NDEPS, is expected to be used as a learning curve for Nigeria and Africa on how to effectively implement global laws with due consideration of local peculiarities and opportunities.”

The NDPR was issued on 25th January, 2019 pursuant to Section 6(a,c) of the NITDA Act, 2007.

Read:  Nigeria’s Fintechs project $543 million revenue growth in two years

The Regulation covers every person subject to the laws of Nigeria, whether resident in Nigeria or not.

It is aimed at safeguarding the rights of persons to privacy; fostering safe conduct for the transactions involving the exchange of personal data; preventing manipulation of personal data; and ensuring that Nigerian businesses remain competitive in international trade through the safeguards afforded by a just and equitable legal regulatory framework.

Since the issuance of the NDPR, Nigeria has turned a significant corner in her drive towards the maturation of the Digital Economy.

The level of compliance is growing as shown in a key compliance indicator which requires the filing of a data audit report by every data controller and processor.

Article 4.1(5) of the Regulation requires the filing of an initial data audit report and a subsequent annual audit report by every data controller and processor. 

This process has helped NITDA to have an overview of the state of data governance in the reporting entity while also helping government understand requisite intervention points to improve data governance, cyber-security and privacy protection.

techeconomy

Related posts

Flutterwave finalises partnership deal with Worldpay FIS to strengthen Africa-wide payments

NigGal

Huawei releases ICT Academy Program 2.0

NigGal

MTN Concludes 21 days of Y’ello Care, Rewards Hackathon Challenge Winner

NigGal

Threads unveiled: 5 game-changing features that set it apart from Twitter

NigGal

African fintech, Web3 leaders to convene at Africa Money and DeFi Summit in Ghana.

NigGal

Nigeria Tops Google Class 5 Online Startups Nominees

NigGal

Leave a Comment