PalmPay (www.PalmPay.com), a fintech innovator aiming to make digital payment more accessible and flexible, has obtained a compliance status on obligations in accordance with the Nigeria Data Protection Regulation (NDPR) for implementing all statutory requirements.
With the significant growth in the internet and digital economy, the use of information raises serious concerns about privacy and data protection.
Any organization that wishes to operate effectively must ensure the security of its information by implementing a data protection plan.
The National Information Technology Development Agency (NITDA) is statutorily mandated by the NITDA Act of 2007 to develop regulations for electronic governance and monitoring of the use of information technology and electronic data.
In response to concerns about personal data privacy and protection, as well as the serious consequences of leaving personal data processing unregulated, the National Information Technology Development Agency (NITDA) issued the Nigeria Data Protection Regulation (NDPR).
The NDPR makes provisions for the rights of data subjects, the obligations of data controllers and data processors, transfer of data to a foreign territory amongst others.
As a data controller, PalmPay engaged a Data Protection Compliance Organization (DPCO) licensed by NITDA, to perform a data protection audit.
The DPCO has reviewed PalmPay’s ability to provide secure financial information, personnel data and information entrusted to third parties.
Being NDPR compliant indicates that PalmPay meets the high requirements of information security.
“Data protection in the payments industry today is more important than ever, where the use of digital payments is rapidly increasing, and transfers between individuals have significantly changed.
Personal activities or individual behaviours may be tracked using the associated data.
The security and safety of funds and data will continue to be priority for PalmPay.” said Chika Nwosu, Managing Director of PalmPay.“Customer first is one of our core values, and NDPR compliance status demonstrates how serious we are about it.
We remain committed to improving data protection to meet our privacy responsibilities to our users, and merchants.”
The National Information Technology Development Agency (NITDA) has provided for downtime, warranty and after-sales support in its Service Level Agreements (SLA) for the authorization of IT projects for Ministries, Departments and Agencies ( MDA) from the government.
Mr. Kashifu Inuwa, Director General of NITDA, speaking at a two-day Consumer Protection Forum in Abuja on Tuesday, said that the authorization of IT projects proved to be a big cost cut for the Federal Government.
The forum was also to review guidelines for the introduction of service level agreements (SLAs) in government IT contracts.
The forum is a platform through which NITDA seeks to bring together consumers and providers of IT products and services to address areas of challenges, creating awareness of IT products and services for better service delivery.
Representing Olawunmi, the Director of Framework and Standard Guidelines, Inuwa stated that the agency was beginning to take a new approach to solving specific problems affecting the sector.
“Today, we are addressing a critical issue that arose from our previous consumer protection forum and subsequent complaints within the industry.
“As a result of that, NITDA has developed guidance for the introduction of Service Level Agreements (SLAs) in Government Information Technology Contracts.
“We have previously identified that the lack of warranty and after-sales service agreements on our IT product and service purchases have cost us dearly.
"We agreed that IT contracts in MDAs should have an SLA from now on to make provisions for downtime, warranty and after-sales support," he said.
Inuwa further said that the agency would continue to develop the culture of using and adhering to SLAs when implementing government IT contracts.
The CEO added that IT project approval had proven to be a great cost reducer for the Federal Government and further encouraged MDAs to continue adopting it along with the use of SLAs.
Inuwa said that NITDA, under its mandate to regulate the IT sector in Nigeria and in support of its development regulation pillar, always sought to ensure the efficient and effective delivery of IT products and services.
Inuwa said: “This is due more to the significant role that IT has played in this economy in recent years and the more critical need for the digital economy to provide much-needed support from the prevailing global economic downturn.
“It is in these times that we need to ensure that there is a viable enabling environment for the digital economy to thrive.
"This is not just about emerging technologies, but about ensuring industry players thrive in a mutually cohesive environment."
The Director General recalled that at the recent Digital Conference in Nigeria, there were recommendations to break down the barriers that stifle innovation in the Digital Economy.
According to him, the Consumer Protection Forum is a platform to identify such barriers.
Source Credit: NAN
The National Information Technology Development Agency (NITDA), in collaboration with Domineum Blockchain Solutions has announced its Blockchain Scholarship, 2022 Scheme.
The programme is aimed at training 30,000 Nigerians on blockchain technology for developing career skillset in the emerging technologies.
Mrs Hadiza Umar, Head Corporate Affairs and External Relations of NITDA and Mr Mohammed Jega, Co-Founder, Domenium Blockchain Solutions, made the announcement in a joint statement issued in Abuja.
Mr Kashifu Inuwa, Director-General of NIT DA was quoted as recalling that during the Digital Nigeria that held recently, he said the scholarship training would help to accelerate blockchain adoption in Nigeria.
Inuwa said: “It will make Nigeria a global player in the blockchain industry.
“We want Nigerians to take advantage of the scholarship to become early solution providers in the fourth industrial revolution.
” Jega, on his part, said they were committed towards delivering quality education and equipping participants with the skills to build real-life blockchain solutions.
Also, Mr Calistus Igwilo, the Course Coordinator was quoted as saying that blockchain would power the next generation data.
Igwilo further said that the courses had been carefully designed to equip participants with the right skills to become professionals and help shape the future of blockchain industry in the country.
The scheme has Domineum Blockchain Solutions as the implementing partner and BSV Blockchain Academy, a Bitcoin enterprise as the course content provider.
Umar said the programme would be delivered through a hybrid mode,virtual and physical meetups in all the states of the federation.
Outstanding teams in the project phase would stand the opportunity to join an incubation programme in London, while others would be exposed to the BSV Ecosystem where they could be involved with various projects.
She said: “The scholarship is open to every Nigerian that is willing to put in a minimum of 20 hours per week, have access to laptop or desktop.
“The individual must show commitment and determination with no prior programming experience required.
” Umar said that application was opened from Oct. 31 to Nov. 28, while the courses would commence on Dec. 1. Umar directed interested applicants to apply via the link: https:.
2022. The official added that NITDA had continued to embark on several initiatives to upskill and reskill Nigerians across all works of life.
According to her, the agency’s initiatives are in line with the national agenda for a digital economy, the National Digital Economy Policy and Strategy (NDEPS).
“The development of NITDA Strategic Roadmap and Action Plan (SRAP) is a strategic plan towards achieving the NDEPS,”Umar said.
She added that the agency had recently began training of one million software developers as a way of providing massive employment opportunities through digital skills.
Umar added: “Therefore, the NITDA Blockchain Scholarship (NBS) programme will enable the participants gain new skills that will help them take their ventures to the next level.
“Bockchain technology is still in its infancy and heralds the 4th industrial revolution, hence an opportunity for Africa to bridge the technology gap with other continents by becoming early adopters and professionals in the blockchain industry.
” Domineum Blockchain Solutions is a Distributed Ledger Technology Company that provides Blockchain-as-a-Service (BaaS) solutions.
The company was established to offer back-end solutions for partner start-ups and assist Governments and established Companies integrate Blockchain into their operations.
The company’s headquarters is situated in London, UK, while its research and development (R&D) unit is in San Francisco, USA and Baze University Abuja, with the technology resource center in Tallinn, Estonia.
The Federal Government on Thursday launched the Digital Economy Industry Working Group (DEIWG) to facilitate the digital economy agenda.
Prof. Isa Pantami,Minister, Communications and Digital Economy inaugurated the group at the closing ceremony of the Digital Nigeria Conference and Exhibition organised by the National Information Technology Development Agency (NITDA) in Abuja.
Pantami,while inaugurating the group,charged the members to ensure the digital economy agenda was achieved through their efforts in line with the desire of President Muhammadu Buhari.
He further said that Nigeria was doing well in the Ease of Doing Business in spite of the challenges which the government was working seriously to address.
According to the Minister,reducing the challenges on the Ease of Doing Business will ensure the success of the recent Nigerian Start-up Act(NSA) approved by Buhari on Oct. 19.Pantami said: “When the administration of Buhari started,the global ranking of Nigeria on the Ease of Doing Business was 170, but recently we have moved 39 steps higher to 131.“The government had initiated and implemented over 160 reforms and registering a business in Nigeria now takes less than 48 hours.
”He added that the ministry would in the near future inaugurate a committee for the swift implementation of the NSA.
Dr Femi Adeluyi, Technical Assistant (Research & Development) to the minister said the group was formed as an action group established as a Public Private Dialogue platform.
Adeluyi said the platform comprised of the Nigerian Economic Summit Group(NESG) and the Federal Ministry of Communications and Digital Economy,championed through close working relationship between the public and private sector leaders in the ICT industry.
Adeluyi said the group was designed to map out government initiatives and policies affecting the private sector as it pertains to the digital economy and ensure the growth of the digital industry in the country.
He said the objectives of the DEIWG would be to create framework for strengthening the immediate delivery of initiatives based on the eight pillars as outlined in the Nigerian Digital Economic Policy and Strategy (2020-2030).
“They will facilitate the creation of an Enterprise Programmes Management Office (EPMO) and funding mechanism which will serve as a framework of funding for DEIWG Secretariat.
“The group will formulate, in partnership with the government, mechanisms that drive and catalyse growth and increase investments in the Digital Economy.
“They will examine the current efforts by the Federal Government to digitally transform through policies, projects and programmes and co-create a private sector response plan.
“Facilitate leadership mindset that is digital-driven for Shared Prosperity and Shared National Vision and drive continuity of the policies and enhance the institutional arrangement to drive the Digital Economy,” he said.
Adeluyi added that the group would call to action for private sector to take lead of the creation of the Nigeria Digital Economy showcasing the opportunities in the E-Government Masterplan and Digital Economy Policy and Strategy.
The DEIWG has the Minister as the Chairman, Mallam Kashifu Inuwa,Director-General of NITDA as well as other Chief Executives of agencies under the ministry as members.
Members from the private sector include Mr Laoye Jaiyeola,Chief ExecutiveOfficerof NESG,as Private Sector Co-Chair and Ms Funke Opeke of MainOne,Mr Sim Shagaya of uLesson,among others.
Meanwhile, Director-General of NITDA,Mallam Kashifu Inuwa,said that the government would take into cognisance issues discussed at the conference,adding that the government was a listening one.
Inuwa encouraged participants and the youth, while promising that the government was willing to work with the youth to make Nigeria a global talent factory.
“We have reviewed our potential during the conference and have understood that for us to create wealth,it has to be through innovation,”he said.
The D-G added that stakeholders needed to work within the legal framework and keep supporting the government towards achieving a digital economy because the political will and talent were available.
The National Information Technology Development Agency (NITDA) on Wednesday, said the global market for blockchain technology was expected to grow over $39billion by 2025. Director-General of NITDA, Mallam Kashifu Inuwa, said this at the Blockchain Summit Day at the ongoing Digital Nigeria Conference and Exhibition organised by the agency in Abuja.
Inuwa said the success of cryptocurrencies, stablecoins, Non-Fungible Tokens (NFTs), Metaverse, and Web3 was beginning to take over industrial and financial space.
“With Blockchain Technology supporting these new-age concepts, we can expect that the future will belong to decentralised resources.
“After cryptocurrencies gained much traction, blockchain technology emerged as one of the most promising technologies to transform businesses.
“Today, many large and medium-sized enterprises are exploring the Blockchain’s potential to make a place in the competitive market.
“The global market for blockchain technology is expected to grow over USD 39 billion by 2025,”Inuwa said.
The D-G also said that the NFT market alone was having a steady growth as financial and other activities went from physical to digital.
Inuwa further said that Blockchain was at a point where large corporations and governments were beginning to comprehend its potential to improve people’s lives and build more resilient organisations.
He explained that the metaverse concept had become a real phenomenon, with many popular platforms enjoying massive user bases.
The D-G said: “One of the significant aspects of the metaverse design is decentralisation, which would enable transparency and seamless access to the metaverse.
“Asides from decentralisation, metaverse also relies on blockchain capabilities for ensuring user governance privileges alongside verifiable provenance.
” Inuwa added that blockchain pushed for the emergence of digital transparency and integrity, leading to extensive changes in business models and governmental functions.
According to him, ”it will facilitate the development of the Nigerian digital economy by supporting our digital transformation agenda in a way that promotes efficiency, transparency, and productivity.
“Innovators in various fields are maximising the benefits of this incredible technology from medicine to agriculture, finance,governance, education, transport and across the global supply chain.
“Innovators are exploring ways to use blockchain technologies to disrupt and transform traditional process models.
“With its decentralised and trustless nature, Blockchain technology can lead to new opportunities,benefit industries through greater transparency, enhanced security, and easier traceability.
” Inuwa said that NITDA was inclined to deploy its statutory responsibility towards innovative technologies to develop strategies for a healthy IT ecosystem that encapsulates emerging technology such as Blockchain.
He said: “We developed a Blockchain Adoption Strategy to facilitate the effective utilisation of Blockchain technology towards creating a digital economy.
“The strategy outlines the roadmap and schemes for the adoption of Blockchain technology by the government in the digital transformation agenda, in a way that supports efficiency, transparency, and productivity.
” Inuwa added that as the technology kept driving new business and service models, the agency had realised the need to deepen the adoption of the strategy to protect citizens and ensure fair markets that were innovation driven.
He also said they were fostering the healthy growth,safety of the nation’s digital economy through the right implementation strategy that would drive the adoption of the technology by both the public and private sectors.
Inuwa said: “We are currently piloting the implementation blueprint in two Federal Government sectors and building a Proof of Concept (POC) on the implementation of the National Blockchain Strategies.
“In this regard, the agency is creating a national infrastructure for the deployment of blockchain solutions in a government institution that integrates identity and incentive platforms.
“In the same vein, the agency is taking steps to replicate and implement regulatory soundboxes that have been adopted by countries like the UK, India, Australia, Canada, and Denmark.
“Regulatory sandboxes will enable participants to test products and services on a small scale in a controlled environment, reducing innovation costs and barriers to entry.
“It also allows regulators to collect important information about innovative products before deciding which regulatory action to take.
” Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.
The theme of the conference is “Digital Transformation: A Path to Sustainable Digital Economy”.
NITDA tasks FG on policy reform in education NITDA tasks FG on policy reform in educationReforms By Gami Tadanyigbe Abuja, Oct. 20, 2020 The National Information Technology Development Agency (NITDA) has called for reform of the nation’s education policy to encourage digital innovation for the development of the economy.
The Director-General of the agency, Kashifu Inuwa, made the call on Thursday in Abuja, at the EdTech Summit 5th Industrial Revolution, 2022 with the theme “The Future of Education.
” “Education policy reforms should reflect gravitation towards ensuring digital innovation for the development of the economy.
“The government should target on areas of policy reforms especially in our education sector so that we can take advantage of the emerging global trend for rapid and national development,” he said.
Inuwa, represented by the Ag. Director, Corporate Planning and Strategy, Dr Aristotle Onumo, added that the reform and proper harnessing of key policies would position the country to develop a strong and vibrant economy.
The director-general said scientific knowledge should be made readily available and accessible in the educational system for the development of the country.
He, therefore, said that digital innovation holds the key to Nigeria’s economic diversification as the biggest economy in Africa, with one of the largest youth population in the world.
According to him, NITDA will support the infusion of digital innovation in the education system to ensure that there is collaboration, communication, critical thinking and creativity in all classrooms.
“NITDA as an Agency has a strategic roadmap and action plan geared towards developing Nigeria towards a sustainable digital economy.
“The roadmap has three key strategic plans which are developmental registration, digital literacy, digital innovation and entrepreneurship.
“Our aspirations are to create regulations that will catalyse market driven innovations within our communities to foster development.
“As the biggest economy in Africa with one of the largest youth population in the world, Nigeria is well positioned to develop a strong and vibrant economy,” he added.
He revealed that the recent code of practice on social media introduced by the Agency has drastically reduced the arbitrary abuse of online usage in the country.
Arokoyo Emmanuel, a student of Bankys Private School Abuja, who spoke on behalf of other students, urged the government to collaborate with major stakeholders to develop the nation’s education sector.
The National Information Technology Development Agency (NITDA), in collaboration with Google Nigeria, has opened an application for Google Hustle Academy Bootcamp 2022 to provide training for Micro,Small and Medium Enterprises (MSMEs).
The organisations said this in a joint statement issued on Wednesday by Mrs Hadiza Umar,Head Corporate Affairs and External Relations of NITDA and Mr Mojolaoluwa Aderemi-Makinde,Head of Brand Reputation for Google Nigeria in Abuja.
The bootcamp, they said, would provide free online training for MSMEs, to promote career skills and improve their business operations.
According to the duo, this is with the view to helping small businesses to be repositioned and increase their revenue generation.
Mr Kashifu Inuwa,Director-General of NITDA said: “We are excited about this partnership with Google Nigeria, in line with our initiative of building the capacity of one million software developers by the end of 2023. “The programme will assist small businesses grow by increasing revenue, positioning for investment, and building sustainable businesses for the future.
” He said that the MSMEs sector was the backbone for economic growth and a major provider of employment opportunities in any country.
Inuwa recalled the statistics by the National Bureau for Statistics that said SMEs had contributed about 48 per cent to Nigeria’s Gross Domestic Product in the last five years.
He said in spite of the significant contribution to the country’s economy, challenges persisted that hinder the growth and development of the sector.
“These challenges include inadequate understanding on how to leverage digital tools for business growth, poor planning and management skills.
“To address these challenges, NITDA has embarked on several initiatives to upskill and reskill Nigerians across all works of life in line with the national agenda for a digital economy – the National Digital Economy Policy and Strategy(NDEPS).
“In furtherance to providing massive employment opportunities through digital skills, NITDA has kick started an ambitious project to train one million software developers in the country.
“The NITDA-Google Hustle Academy Bootcamp will enable MSMEs to maximize their potential and key into existing opportunities for socio-economic development,” he said.
Similarly, Aderemi-Makinde, said Google Nigeria was excited to collaborate with NITDA to empower MSMEs to plan their digital marketing strategies.
He also believed the training would enable them to create business growth plans, identify new markets, access funding opportunities and pitch success.
The brand manager added that for smooth and successful programme implementation,they encouraged MSMEs with business maturity,existing business plan, identified product and service drive willing to scale up to apply.
“Businesses that have at least two full time employees and have been operating for over twelve months are eligible to apply.
“Businesses that have generated profit in the last 12 months or one to three months away from breakeven can also apply,” he said.
They said that interested MSMEs could apply via .
-NITDA, while the entry would close on November 7 and successful applicants contacted as well.
Google Hustle Academy is an initiative under Grow with Google ideas which provides free training, tools and resources to promote skills, career and business growth.
The Hustle Academy currently operate in Nigeria, Kenya and South Africa to train MSMEs through live workshops, peer networking sessions and mentoring sessions.
The National Information Technology Development Agency (NITDA), in collaboration with Google Nigeria is announcing the launch of a Google Hustle Academy Bootcamp, 2022 to train Micro Small and Medium Enterprise (MSME) on digital technologies.
This was made known on Monday in a statement signed by Mrs Hadiza Umar, Head, Corporate Affairs and External Relations and Mr Mojolaoluwa Aderemi-Makinde, Head, Brand Reputation, Google Nigeria.
The statement said that the Bootcamp was aimed at providing free online training for MSMEs to promote career skills and improving business operations.
It said that the training would thereby help small businesses to be repositioned and increase their revenue generation.
The statement said that Micro, Small and Medium Enterprises sector was a backbone for economic growth and a major provider of employment opportunities in a country.
According to the statement, the National Bureau for Statistics showed that SMEs had contributed about 48 per cent to Nigeria’s Gross Domestic Products (GDP) in the last five years.
It added however that in spite of this significant contribution to Nigeria’s economy, challenges persisted hindering the growth and development of the sector.
It said that these include inadequate understanding on how to leverage digital tools for business growth, poor planning and management skills.
The statement said that to address these challenges, NITDA has embarked on several initiatives to upskill and reskill Nigerians across all walks of life in line with the national agenda for a digital economy .
It said that it was in line with the National Digital Economy Policy and Strategy for a Digital Nigeria (NDEPS).
It said that in furtherance to providing massive employment opportunities through digital skills, NITDA had kick- started an ambitious project to train one million software developers in the country.
Therefore, the NITDA-Google Hustle Academy Bootcamp would enable MSMEs to maximize their potentials and key into existing opportunities for socio-economic ddevelopment.
Meanwhile, NITDA and Google have expressed excitement about the partnership.
“We are excited about this partnership with Google Nigeria, in line with our initiative of building the capacity of one million software developers by the end of 2023. “The programme will assist small businesses grow by increasing revenue, positioning for investment, and building sustainable businesses for the future,’’ Kashifu Inuwa, CCIE, Director-General, NITDA,said.
Similarly, the Head of Brand Reputation, Google Nigeria, Mr. Mojolaoluwa Makinde said that Google was excited to collaborate with NITDA to empower MSMEs to plan their digital marketing strategies.
Makinde said that Google was also excited to create business growth plans, identify new markets, access funding opportunities and pitch success.
He aid that to ensure smooth and successful programme implementation, some eligibility criteria for entry into the Bootcamp were put in place They include:Business Maturity, MSMEs with an existing business plan, with defined product or service offering and willing to scale up; Others are size of Operations: Businesses that have at least two full time employees and have been operating for over twelve months; and Revenue generated, Businesses that have generated profit in the last 12 months or 1-3 months away from break even.
A Nigerian Start-up, Shap-Shap had won the Mobility and Logistics Innovation category challenge in the Supernova Challenge Pitch Competition at the Gulf Information Technology Exhibition(GITEX), in the United Arab Emirates, Dubai.
Mrs Hadiza Umar, Head, Corporate Affairs and External Relations of the National Information Technology Development Agency (NITDA) said this in a statement on Friday in Abuja.
The Chief Executive Officer of Shap-Shap, Mr Khalil Halilu, who was among the two Nigerian Start-ups to enter the final stage of the competition was presented with a cash prize of $8,000. Prof. Isa Pantami, Minister of Communications and Digital Economy, was elated by the success story, while describing the victory as a win for all Nigerians and a clarion call for investors to invest in Nigerian Start-ups.
“It shows that we are doing well, don’t forget that we have around seven unicorns in Africa, and five out of them originated from Nigeria.
“If you look at the competition up to semi-finals, we had nine start-ups and at the finals, we had two start-ups and now we have one winner.
“It is a clear indication that we are doing well, out of 90 countries and over 800 entries, the future is certainly bright for Nigeria when it comes to digital innovation and entrepreneurship,” Pantami said.
The Director-General of NITDA, Mr Kashifu Inuwa, while appraising the competition, said the solution Shap-Shap presented was going to impact not only Nigeria, but the global market.
“This shows that we have people with innovative ideas that can change the world positively.
“This is how others started like Uber and other logistics applications.
“In Nigeria, most of the strength we have today is in Fintech but other categories like e-Health, eduTech and Mobility, Logistics and Smart Cities are areas we need Start-ups that can solve problems for our local consumption and the world in general”, Inuwa said.
Inuwa further said that the different success stories achieved by the Nigerian team underscored the fact that the country’s participation in GITEX was indeed lucrative.
He highlighted activities the country was part of in the exhibition, which included the signing of Memorandum of Understanding with Microsoft to train five million Nigerians on digital skills.
The National Information Technology Development Agency (NITDA) said two Nigerian tech Start-ups had qualified for the Start-ups competition at the ongoing Gulf Information Technology Exhibition (GITEX)in United Arab Emirates, Dubai, UAE.
Mrs Hadiza Umar, Head Corporate Affairs and External Relations of NITDA made the announcement on Thursday in a statement issued in Abuja.
Umar said the two Start-ups emerged at the Supernova Challenge Pitch Competition after nine of them qualified for the semi-finals on Monday.
She said the start-ups to compete for the gold position of the were FLOEWS and ShapShap.FLOEWS is a multi-award winning startup seeking to solve the persistent problem of climate change and natural disasters like flooding.
They provide an equitable access to a democratised, socially-inclusive and gender-responsive disaster risk management together with early warning for vulnerable individuals, business communities and national economies.
ShapShap provides the best on-demand delivery service in Nigeria for online ordering and same-day delivery of food, groceries, medicines, and packages using a mobile application.
Umar recalled that the Prof. Isa Pantami, Minister of Communications and Digital Economy, while inaugurating the Nigerian Exhibition pavilion was confident Nigerian Start-ups would excel.
GITEX is an annual technology event that brings world technology players across the globe together, while NITDA had facilitated and driven Nigeria’s participation at the event since 2013.