Data protection law will boost foreign investment in Nigeria — Pantami

“Whenever we engage with potential investors, we try to convince them of the need of coming to Nigeria to invest, and they always ask if we have data protection law, but we have subsidiary law, and many of them do agree with subsidiary law and at the same time, many disagree that subsidiary law is sufficient for them, but in Nigeria is sufficient”, Pantami stated.

He said it is because of this that the Ministry came up with the proposal of having a full-fledged data protection institution and also principal legislation of data protection relations in Nigeria.

Pantami said privacy in Nigeria is not only in the enabling law, but rather it is the constitutional right of the citizens, it is part of the fundamental human rights in Nigeria.

“Nigeria is the first African country to join the developed countries in celebrating international data privacy day.

“The law about data protection is not in any way to punish our citizens, but rather to create awareness so that we will all be data compliant, that is why it is important, we are urged to comply, and today because of awareness creation, reaching out to other institutions, sanctions and interrogating others, you will discover that the compliance rate is going higher.

In his remarks, the National Commissioner of Nigeria Data Protection Bureau, Dr Vincent Olatunji commended the Minister for the effort he made to ensure that NDPB was established and also for his efforts in ensuring the approval of the Data Protection Bill by the Federal Executive Council (FEC).

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