” Digital Economy is the Future and Nigeria Cannot Afford to Lag Behind” -Odidiomo

The Digital Economy is the Future and Nigeria Cannot Afford to Lag Behind-Odidiomo

Hon. Adedeji Dhikrullahi Olajide, Chairman of the House of Representatives Committee on Digital, Information Communication Technology (ICT), and Cybersecurity, has revealed that the Digital Economy and E-Governance Bill, once passed into law at the national level and fully operational, will be domesticated across all 36 states of the federation.

Hon. Olajide made this declaration during a roundtable discussion at the ongoing Africa Internet Governance Forum (AfIGF) in Addis Ababa, Ethiopia.

The forum, which brings together stakeholders across the continent, focuses on fostering inclusive internet governance and addressing emerging challenges in the digital space.

A statement by Tolu Mustapha, Special Adviser, Media and Public Affairs to the lawmaker stated that, Hon. Olajide, while speaking at the roundtable discussion, highlighted the importance of the legislation in driving Nigeria’s transition into a digitally empowered economy, capable of competing effectively in the global arena.

He said the digital economy and e-governance bill represents a critical step toward integrating digital economy frameworks and e-governance practices into the Nigerian system.

Hon. Olajide disclosed that one of the pivotal features of the bill, is the establishment of a National Council on Digital Economy and E-Governance, which will play a central role in overseeing and coordinating activities within the digital economy.

“The council will serve as the backbone for digital transformation in Nigeria. It will coordinate efforts across all levels of government, ensuring the smooth implementation of policies and initiatives aimed at building a robust digital economy,” Hon. Olajide stated.

While elaborating on the council’s responsibilities, which will include, coordinating digital economy activities, facilitating digital transformation, developing digital economy policies, promoting e-governance and encouraging private sector participation among others, Hon. Olajide emphasized, that the domestication of the bill across all states will ensure uniformity in implementing digital economy policies.

This approach, he explained, would foster equitable development and ensure that no region is left behind in the quest for digital transformation.

“The digital economy is the future and Nigeria cannot afford to lag behind. With this bill, we are laying the foundation for a vibrant, inclusive, and globally competitive digital ecosystem,” he said.

The digital economy and e-governance bill is expected to be presented for a second reading in the House of Representatives before the end of the legislative year.