Connect with us

Business

Nigeria’s Poor Data Management System Worries Analyst

Published

on

Data Centre - Investors King
  • Nigeria’s Poor Data Management System Worries Analyst

A United Kingdom-based information technology expert, Mr. Davies Bamigboye, has raised the alarm over the ease at which data belonging to Nigerians are sold and harvested illegally.

The expert who stated this while speaking with journalists in Abuja, also blamed the failure of the National Information Technology Development Agency (NITDA), in enforcing the Nigeria Data Protection Regulation (NDPR) since January 2019, for the brewing security crisis.

Bamigboye, who is the Chief Executive Officer of Conceptsworld Academy, UK, explained that lack of data protection laws in Nigeria had exposed Nigerians to grave risk.

While he hailed NITDA for taking a bold step in constituting the Nigeria Data Protection Regulation (NDPR) in January 2019, he, however, expressed dissatisfaction about the agency’s inability to do enough to publicise the law and communicate deadlines to all organisations across the nation.

Bamigboye stated: “Public and private institutions will continue to process Nigerian citizens data through third parties especially where due diligence has not been undertaken, contractual clauses are not favourable to Nigerians, data loss prevention methods have not been verified, or where such information is transferred outside of Nigeria.

“Children’s data (e.g pictures) for example, will continue to be used to support advertisements that aim to seek aids from foreign countries by NGOs.

“There is no reason to believe that such NGOs seek approval from Nigerian regulators before using these pictures.

“Even, if they (the NGO) had wanted to seek permission, there was no designated body in Nigeria which could serve as the Information Commissioner Office (ICO) that such requests should be directed to.”
According to him, “The current monitoring of Nigerians by other Nations and large organisations will continue to go unchecked.

“For example, multinationals possessing location data of Nigerians gleaned from smartphones, laptops, iPad, smartwatches, smart TVs and other intelligent devices will continue to exploit this information for their own advantage to profile our citizens.

“The level of access that these organisations have means that the privacy rights of Nigerians are at risk. It means that information in the hands of private companies can be used to identify where an individual Nigerian is, where they have been, who they have been in contact with, and who was situated around them.
“This has a major impact on the privacy and security of Nigerians,” he said.

He alleged that the risk of selling of Nigerian citizens’ data for nefarious activities would continue, especially as it pertains to children for sex-trafficking among others, adding that it will decimate the future of our country, if unabated.

He further said by not enforcing the NDPR means that legitimate organisations and criminal gangs can continue to target Nigeria with the sole purpose of trawling up information that could be used in a criminal or discriminatory manner.

“Without clear breach notification and process of seeking redress, when a breach occurs or indeed a crime is initiated, the lack of effective NDPR coupled with a judiciary with limited cyber awareness capabilities makes it hard to prosecute alleged offenders.

“The need to be able to prosecute and fine foreign companies for me sit on the top list of what needs to be addressed as soon as possible. If you compare Nigeria to other countries with effective data protection regulation, foreign companies are careful to exploit the privacy of their citizens,” he added.

He further expressed concern that if NITDA does not proactively push the initiative, it would further erode business confidence in Nigeria and international organisations would perceive the nation as formulating a policy with the intent of “looking” the part but not serious about carrying out its mandate.

Bamigboye, stressed that the Buhari’s administration could pride itself in the history of Nigeria as being the administration that facilitated this trillion-dollar industry.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Advertisement
Advertisement