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Home Economics

FG Determined To Improve Digital Economy

Rate Captain by Rate Captain
November 4, 2021
in Economics, Technology
Reading Time: 1 min read
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Digitally generated image of earth with social connectivity and light trail against digital image of business growth charts in 3d

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The federal government of Nigeria is determined to improve the structure of Nigeria’s digital economy, This will be a strategic effort to increase foreign direct investment and create confidence amongst relevant stakeholders in the country.

Umar Danbatta, The vice chairman of the Nigerian communication commission (NCC) revealed that the commission is interested in issues that will boost the digital economy of the nation. He made this know at  the 2021 annual Cybersecurity Conference, on Wednesday, in Abuja.

The theme of the conference was titled “Building trust in the digital economy through cybersecurity and sensitization on the Implementation of the National Cybersecurity Policy and Strategy (NCPS) 2021”.

Adeleke adewolu who represented the vice chairman Danbatta explained that reliable technology and strong partnership are very important factors for a digital economy to thrive, The privacy of User data will increase public confidence which in turn guarantees transparency, accountability and effective digital governance.

He said that the pace at which technology advanced, acceleration of innovations and enterprise in the digital space amplified vulnerability opportunities, which malicious parties were quick to exploit, thereby slowing down the gains of digital economy.

Danbatta further urged cybersecurity state holders to view the project as a tool to accelerate the adoption of its various components, citing it as a collective responsibility since no single government, business or individual was immune or could do it alone.

“Our collective resolve is to continuously boost trust and confidence in our digital economy, by ensuring adherence to sound cybersecurity culture and hygiene, internally and with external partners, as well as other stakeholders.

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