CBN, FG agency to review new regulation on bank customers

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CBN, FG agency to review new regulation on bank customers
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He disclosed this a two-day sensitisation workshop on Data Privacy and Protection in Abuja on Thursday.

Olatunji said, “When there was an issue with CBN asking for CBN handles, we actually went to the CBN and we set up a joint committee to see the best way to resolve this. We told them that was not necessary and they agreed with us.”

Also, he said the commission is engaging in rigorous sensitisation on the Nigeria Data Protection Act and capacity building of Data Protection Officers and Nigerians.The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, during the event, expressed the Federal Government’s commitment to the protection of digital platforms to build the confidence of citizens while online.

Tijani said the government is building a structure around regulation of data privacy and protection, which is important to the journey of the nation towards digitalisation. “Data privacy is not just a matter of convenience, it is a fundamental human right and we should care about the data we generate and what it is being used for. As we embrace the digital age, it is crucial that the personal and sensitive information of our citizens is maintained under the eyes of confidentiality.All rights reserved.

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