The Nigeria Knowledge Safety Fee (NDPC) has signed a Memorandum of Understanding (MoU) with international funds firm, Mastercard, to strengthen information safety capability in Nigeria.
The settlement was formalised on Friday throughout a one-day intensive workshop for Knowledge Safety Officers (DPOs) in Abuja.
The partnership is aimed toward offering sensible coaching for DPOs in conducting Knowledge Safety Impression Assessments (DPIA), in step with Part 28 of the Nigeria Knowledge Safety Act (NDPA), which mandates a risk-based strategy to safeguarding private information.
Targets 250,000 licensed information officers yearly
The Nationwide Commissioner of NDPC, Dr. Vincent Olatunji, famous that the fee has set an bold goal to coach 250,000 licensed Knowledge Safety Officers (DPOs) yearly as a part of efforts to deepen information privateness compliance throughout Nigeria.
“We’re focusing on to construct the capability of 250,000 DPOs yearly, and we’re working with companions like Mastercard to realize that,” Olatunji mentioned.
Dr. Olatunji emphasised that human capital stays central to NDPC’s regulatory mandate, particularly in a quickly evolving data-driven financial system.
He described the Nigerian information ecosystem as “new” and “rising,” and highlighted the necessity for pressing upskilling of pros.
“Human capital is actually key to us, and the ecosystem we’re regulating may be very particular, it’s nonetheless new, nonetheless rising, and we want all we are able to to construct the capability of officers,” he said.
“We need to construct the capability of our folks so we are able to have the ability to ship on our mandate and totally deepen privateness in Nigeria,” he added.
He inspired individuals to take full benefit of the chance, stating that the info ecosystem in Nigeria remains to be evolving and requires pressing upskilling of pros.
What it is best to know
Nigeria’s information safety ecosystem has witnessed important progress in recent times, reflecting each the nation’s digital ambitions and regulatory enforcement.
- In line with the Nigeria Knowledge Safety Fee (NDPC), the sector is projected to generate N13.8 billion in income in 2025, a 15% enhance from the N12 billion recorded in 2024. This rise is basically pushed by the growing variety of Knowledge Safety Compliance Organisations (DPCOs) and the broadening demand for compliance providers nationwide.
- When it comes to enforcement, the NDPC has demonstrated its resolve by amassing over N400 million in sanctions from seven firms for numerous information breaches as of June 2024. The Fee revealed it had carried out over 1,000 investigations throughout completely different sectors, together with monetary providers and digital lending platforms.
- The fee additionally famous that starting in 2025, it might begin imposing heavier fines on information controllers and processors who violate the Nigeria Knowledge Safety Act (NDPA).
The NDPC’s 2024 Annual Report disclosed that 23,000 jobs had been created within the information safety business in that yr alone, up by 127% from 10,123 jobs in 2023. The variety of verified Knowledge Safety Officers (DPOs) additionally rose to 2,888 in 2024 from 1,955 the earlier yr.
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