{"id":308931,"date":"2024-02-05T20:27:06","date_gmt":"2024-02-05T19:27:06","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=308931"},"modified":"2024-02-05T20:27:06","modified_gmt":"2024-02-05T19:27:06","slug":"data-protection-revenue-rose-by-n700m-in-2022-ndpc","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2024\/02\/05\/data-protection-revenue-rose-by-n700m-in-2022-ndpc\/","title":{"rendered":"Data protection revenue rose by N700m in 2022 \u2013 NDPC"},"content":{"rendered":"<ul>\n<li><strong><strong>Founded on Feb. 4, 2022, the NDPC is tasked with safeguarding data privacy in the country, ensuring citizens&#8217; rights align with global standards<\/strong><\/strong><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p>The Nigeria Data Protection Annual Report indicates a growth in the cumulative revenue for data protection, reaching N6.2 billion in 2023 compared to N5.5 billion in 2022.<\/p>\n<p>This revelation was made during the second-anniversary dinner and awards hosted by the Nigeria Data Protection Commission (NDPC) in Abuja.<\/p>\n<p>Founded on Feb. 4, 2022, the NDPC is tasked with safeguarding data privacy in the country, ensuring citizens&#8217; rights align with global standards.<\/p>\n<p>Reports made available to THE WHISTLER stated, \u201cOther areas that the rates increased included Compliance Audit Report which recorded 3,451 reports from 2022 to 2023, against 1,864 from 2020 to 2021.<\/p>\n<p>\u201cThe sector was able to create 10, 123 jobs in 2023 against 9,577 in 2022 and compliance revenue increased to N325 million against N94.4 billion in 2022.<\/p>\n<p>\u201cThe number of verified Data Protection Officers increased from 1, 928 in 2022 to 1,955 in 2023, number of investigations rose from 117 in 2022 to 177 in 2023, among others.\u201d<\/p>\n<p>Babatunde Bamigboye, Head, Legal, Enforcement and Regulations of NDPC, described the successes of the commission as most remarkable.<\/p>\n<p>\u201cThe NDPA laid the foundation for data privacy and protection in the country, we are putting together the general application and implementation directive for the Nigeria Data Protection Act (NDPA)<\/p>\n<p>\u201cWe have also improved on our auditing. So, many organisations are beginning to file audit reports with us and we have been admitted into the Global Privacy Assembly (GPA).<\/p>\n<p>\u201cThe court also is beginning to recognise the importance of adequacy in terms of cross-border data transfer and we are happy that the ecosystem is evolving and getting stronger,\u2019\u2019 he said.<\/p>\n<p>He explained that as a member of GPA, the country could get mutual legal assistance on enforcement, capacity building, information sharing and intergovernmental collaboration.<\/p>\n<p>Some other achievements, he added, were the launch of Nigeria Data Protection Strategic Roadmap and Action Plan 2023 -2027 and the commencement of bilateral cooperation with other jurisdictions and, the issuance of the Data Protection Compliance Organisations code of conduct.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founded on Feb. 4, 2022, the NDPC is tasked with safeguarding data privacy in the country, ensuring citizens&#8217; rights align with global standards The Nigeria Data Protection Annual Report indicates a growth in the cumulative revenue for data protection, reaching N6.2 billion in 2023 compared to N5.5 billion in 2022. This revelation was made during [&hellip;]<\/p>\n","protected":false},"author":49,"featured_media":308932,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored 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