Cybermarket is Nigeria’s immediate future beyond oil ― Olawepo-Hashim

Businessman and former Presidential candidate in 2019, Mr Gbenga Olawepo-Hashim, has stressed the importance of cybersecurity in Nigeria’s competitiveness in the cyber market, insisting that the nation could play a more strategic role in cyberspace within the next ten years.

In a keynote address, he delivered during a book launch titled – “Nigeria: Cyberpower and National Security” written by Professor Dare Ogunlana of the University of Texas, United States of America at the weekend, Mr Olawepo-Hashim, said the book would not have come at a better time than now as Nigeria was faced with the multifarious problems of insecurity.

He suggested that Nigeria may have quietly emerged as a Cyber power unsung, unknown and unnoticed by many,” he said.

Olawepo stated that Nigeria now has the world’s 6th largest user of internet with verified data from the Nigerian Communication Commission (NCC), stating that internet users rose to 104.4million in 2021.

“A staggering 19 million users were added between 2020 and 2021 alone. According to him, Nigeria will yet play a more strategic role in cyberspace within the next 10 years.

“As it transits to a producer of content for global consumption as well as a key participant in the global market for outsourcing services alongside with India and Brazil.

“Nigeria has an advantage – the mastery of English language by a sizable percentage of her population.

“Cybersecurity, therefore, becomes an important question of her competitiveness in the cyber market; the cyber market is the immediate future of Nigeria beyond oil and the Lekki Peninsula would be the world’s “Silicon Island.”

“Professor Dare Ogunlana’s work, “Nigeria: Cyberpower and National Security” would not have come at a better time.

“This Giant, Nigeria, is embroiled in its most ever crucial security issues, where the different strain of insecurity is at their highest points, no less cyber terrorism,” he said.

“Nigeria must (should) enhance its cyber capabilities to remain relevant and be respected in the global community.

“Gaining the cybersecurity` to prevent, defend and fight back quickly, recover when cyber-attack thus occur.”

He congratulated the author for doing a good job, saying he “has presented his work in a form, format and style ‘decision makers’ like; something you can breeze through in 24 hours.”

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Cybermarket is Nigeria’s immediate future beyond oil ― Olawepo-Hashim