The Nationwide Company for Growth of Data Know-how (NITDA) has attracted the eye of related stakeholders for the initiation of the method of repeal and reinstatement of the NITDA Act (2007).
NITDA mentioned the necessity to replicate the prevailing Act grew to become needed with the launch of the Nationwide Digital Economic system Coverage and Technique (NDEPS), which successfully changed the Nigerian Nationwide Informatics Coverage, 2000.
The company recalled that the imaginative and prescient of IT’s Nationwide Coverage was to make Nigeria an IT-capable nation by 2005. “We will all attest that Nigeria has gone past the imaginative and prescient of use. of IT however which goals to turn into the capital of Africa’s digital financial system ”.
Head, Company Affairs and Exterior Relations, NITDA, Hadiza Umar, mentioned that because the enactment of the NITDA Act 2007, it has operated as a catalytic authorities company to develop and regulate the data know-how sector.
Nevertheless, Umar, in a press release, mentioned in gentle of current advances in data know-how and alter within the paradigm of the worldwide financial system, the NDEPS is meant to “rework Nigeria right into a digital financial system. cutting-edge, offering high quality residing and digital financial savings for all. ”
She mentioned the present actuality wanted rethinking for the creation of NITDA. It’s a well-known incontrovertible fact that digital applied sciences have created new types of financial exercise which were helpful to the worldwide financial system.
Nevertheless, Umar mentioned these digital applied sciences include their very own guarantees and risks similar to cybercrime, invasion of privateness and different social points.
This, she mentioned, necessitated the necessity to proactively handle its adoption by the event of a sturdy stakeholder-led regulatory structure to allow Nigeria to maximise the advantages of such applied sciences and mitigate the adverse penalties.
Subsequently, the necessity for a extra agile and sensible method to rules, the definition of requirements and growth pointers for the nation, with a concentrate on digital and rising applied sciences, can’t be overemphasized.
“Based mostly on the above, we’ve recognized the necessity to replace the NITDA authorized framework to control and develop a digital financial system for Nigeria. The present institution legislation of the company is out of date. It can’t meet the wants and the must maintain a digital financial system and in addition successfully shield the rights and pursuits of stakeholders within the digital world, ”he mentioned.
The NITDA Chief, Company Affairs and Exterior Relations, mentioned the evaluation of the NITDA Act 2007 is geared toward tackling up to date digital points, renewing Nigeria’s financial system, constructing belief and defending the rights and pursuits of gamers. within the ecosystem.
She additionally mentioned that the revision of the NITDA Act 2007 will function a facilitator for the expansion and growth of Nigeria’s digital financial system.
In keeping with her, Among the highlights of the repeal embody the next, amongst others, the creation of a framework to advertise the startup ecosystem; promote indigenous services and products by standardization; collaborating with the required private and non-private sector companions to hold out actions that assist the digital disposal of waste; fostering collaboration to facilitate the implementation of strong cybersecurity measures geared toward constructing confidence in Nigeria’s digital financial system; facilitate capability growth by the digital literacy and abilities initiative.
Others are encouraging stakeholder participation within the growth of rules by the method of making guidelines; and promote the protected use of digital applied sciences, together with social media, to attain nationwide objectives.
Hadiza, who disclosed that the challenge can be offered to the Nationwide Meeting as an Government Legend, defined the method to incorporate that the company has initiated the method by submitting the preliminary challenge to its oversight ministry, the Federal Ministry. of Communications and the Digital Economic system, for coverage evaluation the Federal Ministry of Communications and Digital Economic system performs coverage evaluation; on the finish of the coverage evaluation, the:
The Federal Ministry of Communications and Digital Economic system transmits the preliminary draft legislation to the Workplace of the Lawyer Basic of the Federation and to the Workplace of the Minister of Justice for authorized drafting and statutory evaluation; the Lawyer Basic of the Federation is:
The Workplace of the Minister of Justice will return with its authorized opinion to the Federal Ministry of Communications and Digital Economic system; NITDA will have interaction all IT stakeholders in step with the Company’s Rulemaking Course of NITDA will ship the up to date invoice to its Ministry of Supervision, the Federal Ministry of Communications and the Digital Economic system; the Draft can be offered to the Federal Government Council (FEC) and after approval, the President will ahead the Draft to the Nationwide Meeting for the promulgation course of, which is able to embody public hearings and additional stakeholder engagement; and upon passage by the Nationwide Meeting, it shall be transferred to the President for approval.