Stakeholders seek data governance, regulation to stimulate investment

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Amidst the rising adoption of artificial intelligence and big data, stakeholders have hinged Nigeria’s economic development to proper data management, governance and regulation in the face of rapid global digital transformation.

The stakeholders, who spoke in Abuja, insisted that Nigeria’s push for industrial development as well as investment would remain elusive if the country fails to leverage technology, insisting that recent efforts being made to put Nigeria on a global data map must be sustained.

Director of Research at CSEA, Dr Adedeji Adeniran, said robust data governance frameworks to support the emerging data infrastructure and technologies, including AI and big data, is necessary. Adeniran pointed out the need for Africa to develop its data governance model, one that supports local innovation and entrepreneurship.

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