Data Privacy Ecosystem Can Drive Trillion Dollar Economy – NDPC

The Nigeria Data Protection Commission (NDPC) has said data privacy ecosystem has the capacity to drive Nigeria to a trillion dollar economy.

National Commissioner of NDPC, Dr. Vincent Olatunji, disclosed this at a news conference to commemorate the 2025 Global Privacy Day usually celebrated on January 28, in Abuja.

The NDPC commissioner said through the implementation of the pillars of its Nigeria Data Protection-Strategic Roadmap and Action Plan (NDP-SRAP), localised technology adoption and global collaborations, indigenous data privacy could contribute to the growth of the economy.

“We can’t keep relying on foreign technologies for what we are doing here, so our local content must be encouraged.

“In NDPC, our platforms, the services, portal, websites are locally developed, and they are very robust enough for us to use.

“This can drive technologies and we are talking of operating a trillion dollar economy for this country that will be driven by digital technologies.

“The private ecosystem alone can convey a lot of services that are being offered and you can imagine audit file alone, registration of data controllers, reporting breaches.

“A lot is going on and even creating awareness through various platforms”, he said.

He also encouraged startups to key into the data privacy ecosystem, adding that there were immense potential.

Speaking further on the day’s activity, Olatunji highlighted the universality of data privacy principles but stressed the need for adapting them to local laws.

He urged stakeholders to leverage the knowledge of data protection not only within Nigeria but also on a global scale.