• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, February 6, 2023
Leadership News
Read in Hausa
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
Leadership News
No Result
View All Result
Home News Business

US, ABC, Microsoft Drum Support For Passage Of Data Protection Bill

by Mark Itsibor
2 months ago
in Business
Reading Time: 2 mins read
Sahara Foundation Empowers African Social Entrepreneurs With Seed Funding
Share on WhatsAppShare on FacebookShare on TwitterTelegram

Chief executive officer of American Business Council (ABC) Margaret Olele has said the data protection bill before the National Assembly will foster innovations and energize Nigeria’s economic growth it is eventually passed into law, with a potential to create a fertile environment for innovation to thrive.

She stated that cross-border data flows enables secured and more efficient logistics and tracking, while cutting down on manufacturing costs and wastes.

The ABC boss is optimistic that the lawmakers will see the many benefits the bill holds for data flows, investment climate and economic advancement, in line with the nation’s inclusive economic drive.

“I will say that we do not expect to have fears, in fact, I do not think we have fears as a council that works with over 70 US companies and working closely with different stakeholders to ensure that we have social, economic and relevant system for the private sector to thrive as well as the country,” workshop on cross-border data flows and the impacts to the Nigerian economy. The event was jointly organised by ABC and Microsoft.

Cross-border data protection laws are made to ensure the safe movement of electronic, personal data across the globe.

ABC ABC ABC
ADVERTISEMENT

Also Microsoft’s director of corporate external and legal affairs, Africa regional cluster, John Edokpolo said the workshop was very significant for any nation that is looking to digitally transform its economy like Nigeria, saying it was crucial to build trust in the digital ecosystem.

RELATED

zulum

Zulum To Banks: Dispense New Notes Or We Revoke Your Land

14 hours ago
Vote In Government That Will Partner With You – Emenike

Vote In Government That Will Partner With You – Emenike

16 hours ago

“And one of the ways to build trust is to make sure that you have the enabling regulatory framework to ensure that people when they adopt technology, they use it for their businesses, they are responsible in the way that they collect data and how they use it. It’s also important for citizens just to have the confidence that the government is interested in protecting their data, which is a source for everyone,” Edokpolo said.

He told the audience at Transcorp Hotel that the bill, when passed into law will not stifle innovation but will rather create cross border data flows and create economic development for the country.

He expressed worry that passage of the bill could be challenged by the short time in the lifespan of the current assembly. However, Edokpolo said it’s possible for the bill to be passed into law “if the government has the will to get it done. So lastly, from you what are your recommendations this year? Yeah, so my recommendations, first of all, speak as as a Nigerian, you know,

 

SendShareTweetShare
Previous Post

Sahara Foundation Empowers African Social Entrepreneurs With Seed Funding

Next Post

Assessing Private Creditors’ Role In Nigeria’s Debt Crisis

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

YOU MAY LIKE

zulum
Business

Zulum To Banks: Dispense New Notes Or We Revoke Your Land

14 hours ago
Vote In Government That Will Partner With You – Emenike
Business

Vote In Government That Will Partner With You – Emenike

16 hours ago
NUPRC Receives SERVICOM Award For Quality, Timely Service Delivery
Business

NUPRC Receives SERVICOM Award For Quality, Timely Service Delivery

16 hours ago
Next Post
Sahara Foundation Empowers African Social Entrepreneurs With Seed Funding

Assessing Private Creditors’ Role In Nigeria’s Debt Crisis

ADVERTISEMENT

LATEST UPDATES

BBTitans: Another Pair, Jaypee, Lukay Evicted In Week 3

BBTitans: Another Pair, Jaypee, Lukay Evicted In Week 3

February 5, 2023
Jigawa Govt Appoints Hameen Sanusi As New Emir Of Dutse

Jigawa Govt Appoints Hameen Sanusi As New Emir Of Dutse

February 5, 2023
JUST-IN: 6 Killed As Terrorists Invade Ondo Communities 

JUST-IN: 6 Killed As Terrorists Invade Ondo Communities 

February 5, 2023
Nigeria’s Ezekwesili Appointed WPL Board Chair, Succeeds Clarke 

Nigeria’s Ezekwesili Appointed WPL Board Chair, Succeeds Clarke 

February 5, 2023
Rivers Guber: Why We’re Supporting Fubara – Opobo Elders

Rivers Guber: Why We’re Supporting Fubara – Opobo Elders

February 5, 2023
Currency Swap: We ‘ll Reconvene Before Elections If… – Gbajabiamila

Currency Swap: We ‘ll Reconvene Before Elections If… – Gbajabiamila

February 5, 2023
Ideato North/South: Ugochinyere Resumes Campaign, Vows To Win

Ideato North/South: Ugochinyere Resumes Campaign, Vows To Win

February 5, 2023
Niger APC Chairman Dispels Defection Rumour, Denies Meeting Atiku

Niger APC Chairman Dispels Defection Rumour, Denies Meeting Atiku

February 5, 2023

© 2022 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast

© 2022 Leadership Media Group - All Rights Reserved.