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FG Targets N13.8 bn Data Protection Revenue In 2025

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The Nigeria Data Protection Commission (NDPC) has projected N13.8 billion revenue from data protection ecosystem in 2025 as against N12 billion generated in 2024.
Dr Vincent Olatunji, National Commissioner, NDPC said this yesterday during an interview with The Tide’s source in Abuja.
He said the figure represents approximately 15 per cent increase in the amount generated the previous year.
He said data protection receipts would play a major role as Nigeria seeks to bolster its digital economy.
“The projection will have to do with number of Data Protection Compliance Organisations (DPCOs) registered. These are businesses we have been able to open up by licensing professionals, skilled personnel to set up their businesses.
“They go to data controllers and processors and help them understand privacy and take them through compliance to the law.
“The average data processor, controller will employ about five to ten people depending on the number of their clients.
“Some of them collect as high as N10 million to N20 million for audit filing for multinational companies.
“When you bring all these together and what they earn, the entire staff, that is how we were able to arrive at that figure and they also do a lot of support services that have to go with compliance,’’ he said.
The DPCOs are licensed entities that assist businesses in Nigeria with complying with data protection laws and regulations.
“The figure for this year may not double but we are looking at 15 per cent increase added to the N12 billion of last year.
“We are trying to get to the level where we see compliance as a culture.
“It will generate money for government and give comfort to whoever coming to your facility or coming to do business with you,’’ Olatunji said.
According to him, last year, the commission registered about 256 DPCOs and few months into this year, it added 55 DPCOs.
The National Commissioner said that paucity of funds had limited the commission from achieving some of its mandates.
Olatunji said three years into building the data protection, privacy ecosystem, the ultimate aim far from being achieved and acknowledged that it remained a work in progress.
Olatunji said though Nigeria was already a model to some African countries in data protection efforts he expects the sector to perform better in the next five years.
“We want to build an economy that have the culture of compliance, an ecosystem that is adaptive to revenue generation for government, contribute to our Gross Domestic Product.
“We see a country where an average foreign investor will come in and have trust, confidence in our digital economy.
“We are building an ecosystem that will project Nigerians positively in the commity of nations, drive direct foreign investment, generate revenue, create massive jobs and wealth for our youths,’’ he said.
The Tide’s source recalls that the Nigeria Data Protection Act (NDPA) was signed into law in 2023. The Act establishes the legal framework for the regulation of personal data in Nigeria
It replaces Data Protection Regulations (NDPR) of 2019 and NDPR Implementation Framework (2019) captured under the National Information Technology Development Agency (NITDA) Act.

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Victory Over Insurgency Certain, Tinubu Assures

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President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.

The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.

He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.

Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.

“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.

“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.

The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.

Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.

He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.

“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”

The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.

The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.

Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.

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US Embassy, Lagos Consulate Close Today For President’s Day

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The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.

The mission made this known in a notice shared on its official X page, yesterday.

“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.

According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.

The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.

In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.

Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.

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Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role

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United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.

Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.

The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.

Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.

“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.

The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.

Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.

The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.

In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.

“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.

Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.

He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.

Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.

 

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