According to the bureau, the implementation of the law is expected to generate approximately 500,000 job opportunities through the training of Data Protection Officers and the licensing of Data Protection Compliance Organisations. These organizations will provide services to data controllers and processors.
The bureau emphasized that this new legislation is a strategic approach to fulfilling Tinubu’s campaign promise of creating one million jobs in the digital economy sector. Babatunde Bamigboye, the Head of Legal Enforcement and Regulations at the NDPB, confirmed this information in a statement.
Dr. Vincent Olatunji, the National Commissioner of the NDPB, highlighted that this Act will significantly enhance the privacy rights and other fundamental freedoms of Nigerians, both in online spaces and traditional transactions.”
The statement read in part, “Nigeria has taken a giant leap forward in the global data race with the assent to Nigeria Data Protection Act by President Bola Ahmed Tinubu. The Act was signed on June 12th 2023.
“The NDPB, pursuant to the express provisions of the new Act, has transmitted into a full-fledged commission, and it is mandated to, among others: Regulate the deployment of technological and organizational measures to enhance personal data protection.
“Foster the development of personal data protection technologies, in accordance with recognized international best practices and applicable international law; conduct investigations into any violation of a requirement under the Act; impose penalties in respect of any violation of the provisions of the Act or subsidiary legislation made thereof.
“Where necessary, accredit, license, and register suitable persons to provide data protection compliance services; issue regulations, rules, directives, and guidance under the Act; and register data controllers and data processors of major importance.”