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Your Data Is Your World, Protect It, DG NITDA Warns Nigerians

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By Abdulrahman Aliagan, Abuja

Nigerians have been warned to protect their data as their data is nothing but their world, the Director General of Nigeria Information Technology Development Agency, NITDA, Mr Kashifu Inuwa Abdullahi gave the warning, Tuesday at the interactive session with Journalists during the World Privacy Day and Public Awareness Workshop, 2020, themed: Data Privacy and Digital Economy organized by his led agency at NAF Centre, Abuja.

The DG NITDA affirmed the fact that we are in digital world and our data should be protected, he said, “We generate a lot of data, data captures our day-to-day activities as we put a lot of our data on internet, smartphones and other electronic devices” He warned that, “We need to be careful on how we play on our data. “He who controls our data controls our lives; as a matter of fact we need to be careful about how we play with our data.” He warned.

He stated further, “It is however instructive to note that, in a digital economy, everything is online, if anybody has access to our credit card details, such person can make transfer from our account. That is more reason why we are partnering with media organisations, to spread the message about data privacy and data protection, it is my belief that with you here the message will get to everybody. Abdullahi said.

Harping on the nation’s population, he attested to the fact that Nigeria has a population of about 200million, he pointed out that about 122million are on internet, while 32.4million are on social media. “You can take this message out to sensitise the general public on how sensitive our personal information are and possible way to protect it. More importantly, how we can use data to advance our economy.”

He talked on the Agency’s projection in the next three years, particularly, in the area of job creation in digital economy. The DG assures Nigerians that the agency is projecting to generate about 300, 000 jobs. He pointed out: “Data is an industry on its own, looking at the nation’s population, it is noted that we have about 30million data processors and data collectors in Nigeria that would comply with this regulation.

 “We are creating a new industry, where we have new set of professionals coming on board to help this organization to comply; they also need to employ people to ensure continuity.

 “This is not a one-off thing, no matter what you do, you just have to make sure you comply with this regulations.”

On NITDA capacity in tracking information that violates data privacy. Mr Kashifu makes a distinction between data protection and surveillance, he said, data economy is about data privacy, peoples’ personal information and no other person impersonating on others. He clarifies position of other security agencies, he said, the national security overrides personal privacy nothing like clash of interest. He assures.

Like any other area of success, there bound to be challenges,  according to the NITDA boss, he said one of the greatest challenges the agency is faced with is that of awareness. “My hope is raised as a result of your presence here; I know it will be easier for us, because people don’t know about privacy while some do not even know what personal data is. If the problem of awareness is out of it, definitely, the agency would achieve the essence in which it was established. I can assure you.”

He added: “Personal data is information that can uniquely identifies person or persons, it could be an email address, mobile number, house address and many other things someone can take and it will uniquely identify person. We need to go on awareness campaign so that people can understand. He maintained that for anybody to thrive in digital economy, he said there must be a trust.

Abdullahi confirmed that NITDA is having a robust synergy, collaboration and understanding with security agencies in using technology to curtailing the menace of fraudster and terrorism in the country.

While commenting on data unification, he said, “Mechanism is being put in place to unify all government agencies and ensures that unified database is achieved. He added that government has given a directive to the Federal Ministry of Communication and Digital Economy to digitize all government services.

He therefore clears doubts that digitization of a nation is a journey, and not something that can happen within a snap of a hand. “You need to prepare to get there; NITDA has come up with three instrument to achieve that, one, enforcement of ICT clearance power, NITDA has being the IT clearance House for all government projects. The idea of this is to know what different MDAs are doing and to make sure that there is integration between them as well as making sure that there is no duplication.

“Secondly, we have government interoperability framework, this will help the country for integration, to do this integration one has to find a way to exchange data from one application to another, this is something that needs a plan, it needs time to happen, we equally need to look at the data format, architecture, base before we can the come up with a harmonized database system.

“The last one is, government enterprise architecture, this gives clue of operational system of government, processes of information that to come up with application and technology architecture that would automate the system.

“All these are what NITDA is doing to develop architecture for the entire government and individual MDA is going to plug into that architecture in line with their responsibility. At the end of the day we all know where we are going and all IT investment is going to be in line with Federal government architecture. We have been enforcing this through our IT clearance as well. He maintained.

   

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Time Nigeria is a modern and general interest Magazine with its Headquarters in Abuja. The Magazine has a remarkable difference in editorial philosophy and goals, it adheres strictly to the ethics of Journalism by using the finest ethos of the profession to promote peace among citizens; identifying and harnessing the nation’s vast resources; celebrating achievements of government agencies, individuals, groups and corporate organizations and above all, repositioning Nigeria for the needed growth and development. Time Nigeria gives emphasis to places and issues that have not been given adequate attention by others. The Magazine is national in outlook and is currently being read and patronized both in print and on our vibrant and active online platform (www.timenigeria.com).
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The Missing Middle of Infrastructure Finance: Why Capital Still Fails to Become Infrastructure

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  By Chidi Nwafor  In October 2023, a Gulf sovereign wealth fund quietly closed a $2 billion allocation to global infrastructure, earmarked in part for emerging-market energy and transport assets. The announcement drew the usual applause: another sign, commentators said, that institutional capital was finally waking up to the infrastructure opportunity in the Global South. Eighteen months later, less than a tenth of that allocation had actually left the fund’s balance sheet. Not because the mandate had changed. Not because the fund had lost appetite. According to two people familiar with the portfolio, the constraint was simpler and more uncomfortable: there were not enough investable projects to put the money into. This is not a story about a reluctant investor. It is a story about capital that wants to move, cannot find enough places willing and able to receive it in a form it can underwrite, and quietly waits instead. Multiply that fund by the hundreds of pension schemes, sovereign wealth vehicles, commercial banks and infrastructure funds now carrying dedicated allocations for emerging-market infrastructure, and a pattern emerges that rarely makes it into a headline: the world is not short of capital for infrastructure. It has capital in historic abundance, sitting adjacent to a historic infrastructure gap, unable to cross the distance between the two. The Comfortable Explanation  The explanation on offer at every major infrastructure summit is a familiar one. Global infrastructure investment needs run into the tens of trillions of dollars over the coming decade; committed capital falls well short; therefore, the problem is one of insufficient funding, and the solution is more of it: more pledges, more blended-finance facilities, more climate funds, more multilateral capital increases. It is a comfortable explanation because it assigns responsibility clearly to governments who under-fund, institutions who under-commit, and it offers a clean remedy: raise more. It is also, on close inspection, not what the evidence shows. Pension funds globally hold trillions in assets under management with explicit infrastructure allocations that remain structurally underweight, not because trustees have rejected the asset class but because deal flow meeting their risk and governance thresholds has not materialised at the pace their mandates assume. Sovereign wealth funds report the same pattern. Commercial banks with dedicated project finance desks describe pipelines that look full at the term-sheet stage and thin dramatically by financial close. Development finance institutions, whose entire purpose is to absorb risk that commercial capital will not, routinely report that their binding constraint is not capital adequacy but the volume of bankable transactions their teams can originate and structure in a given year. None of this fits the scarcity narrative. All of it fits a different one. Availability Is Not Deployability  Capital availability and capital deployability are not the same condition, and the conflation of the two is doing real damage to how the world thinks about the infrastructure gap. Availability asks whether money exists somewhere with a mandate that could, in principle, be pointed at infrastructure. Deployability asks something much narrower and much harder: whether a specific project, at a specific moment, has been engineered, structured, documented and de-risked to the point where an investment committee can approve it without exception. The first condition is met, overwhelmingly, across nearly every category of capital that matters to infrastructure. The second is met by only a small fraction of the projects competing for it. The result is a market that looks, from the outside, like a financing gap, and functions, from the inside, like a conversion problem: an abundance of capital on one side, an abundance of infrastructure need on the other, and an underbuilt set of mechanisms in between capable of turning one into the other at any meaningful scale. Where the Conversion Breaks  The break does not happen at the ends of the process. It happens in the middle, in the unglamorous sequence of work that turns a plausible concept into an instrument a fiduciary can sign. A promising transmission project needs a feasibility study rigorous enough to survive institutional scrutiny rather than optimistic enough to attract early interest. It needs offtake arrangements that hold up under real counterparty and currency risk, not the counterparty risk assumed in a base case. It needs environmental and social documentation calibrated to the standards of the institutions being asked to fund it, not the standards of the jurisdiction hosting it. It needs a legal and commercial structure that allocates risk in ways a commercial lender, not only a development financier, will accept. It needs a sponsor capable of executing what has been proposed, not merely capable of proposing it. Each of these is ordinary project finance discipline. None of it is exotic, and in mature infrastructure markets it happens as a matter of course, absorbed into systems built over decades: specialist advisers, standard-form contracts, established procurement norms, deep pools of transaction expertise. What is missing in the markets where the infrastructure gap is largest is not the standard itself but the machinery that meets it. Projects arrive at investment committees with ambition intact and preparation incomplete, and that gap is treated, again and again, as an individual project’s failure rather than what it actually is: a structural absence in the systems responsible for producing investable transactions at scale. The Missing Middle  This is the Missing Middle of Infrastructure Finance: the institutional architecture that sits between capital that wants to move and infrastructure that needs building, and whose incompleteness explains far more of the global infrastructure gap than any shortfall in committed funds. It consists of project preparation facilities able to fund feasibility and structuring work before commercial viability has been proven. Transaction advisers capable of building deals that satisfy development mandates and commercial return thresholds at once, rather than treating the two as separate constituencies to be managed sequentially. Risk-sharing and guarantee instruments that convert political, regulatory and currency risk into something a commercial balance sheet can underwrite. Aggregation platforms that bundle smaller, individually sub-scale projects into portfolios large enough to justify institutional transaction costs. Standardised documentation that reduces the bespoke legal cost of every new deal. And coordination across ministries, regulators and financiers robust enough that a technically sound project does not die in bureaucratic sequencing after the money has already been found. None of these are new ideas in isolation. What is missing is their assembly into a coherent system, deliberately funded and institutionally accountable, rather than scattered across donor-funded pilots that end when the grant does. The African Dimension  Africa makes this dynamic unusually visible, and consequently offers an unusually clear opportunity to correct it. The continent’s infrastructure financing need, by any measure, is vast. Less understood is that the shortfall is disproportionately one of preparation rather than capital. Nigerian gas-to-power, off-grid solar and mini-grid developers have each demonstrated that individual projects can clear the bankability bar; what has not emerged is systemic pipeline scale, a steady stream of comparably prepared projects large enough to absorb the capital already circling the sector. The pattern repeats, with local variation, from grid infrastructure in East Africa to transport corridors in West Africa. Interested capital is rarely the scarce input. Investment-ready projects are. The Global Comparison  Mature markets solved this problem gradually and mostly invisibly, through decades of institution-building that predates the current infrastructure conversation: specialist project finance units inside banks, standardised PPP frameworks, established regulatory playbooks, deep benches of transaction lawyers and engineers who move between deals rather than between one-off assignments. Emerging and frontier markets are not being asked to meet a lower standard. They are being asked to meet the same standard without having built the same machinery, and then being told, when deals fail to close, that the problem is insufficient funding….
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