The event brought together key players from the government, private sector, and technology industries to discuss strategies for combating cyber threats. The roundtable emphasized collaboration, information sharing, and innovative solutions to strengthen Nigeria’s digital security.
Key objectives included fostering a unified approach to cybersecurity, establishing platforms for continuous stakeholder collaboration, identifying cross-sectoral challenges, and promoting access to cutting-edge cybersecurity solutions.
In a statement, Mark Smithson, Country Director for DBT Nigeria, highlighted the UK’s commitment to supporting Nigeria in tackling cyber threats, stating: “The UK, as a global leader in cybersecurity innovation, is uniquely placed to partner with Nigeria to address emerging threats and challenges.”
Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, reinforced the need for coordinated action, noting: “Cybersecurity is a shared responsibility. We must take proactive steps to protect critical information assets and build a secure digital future.”
Chief Executive Officer of the Central Securities Clearing System (CSCS) Plc, Haruna Jalo-Waziri, warned of escalating cyber threats, particularly in financial services, and called for industry-wide partnerships. He lauded the roundtable’s organizers, including NITDA, the Office of the National Security Adviser, and Tech4Dev, for providing a platform to advance cybersecurity discussions.
Jude Chiemeka, CEO of Nigerian Exchange Limited, stressed that robust cybersecurity frameworks are vital for economic growth and investor confidence. He pointed to alarming statistics, such as Nigerian banks losing ₦14.65 billion ($33 million) to electronic fraud in 2021, a 187% rise from the previous year.
The event, organized outside Cybersecurity Awareness Month, is seen as a significant step toward safeguarding Nigeria’s digital future. It was implemented by Tech4Dev in partnership with key agencies, including the National Data Protection Commission and the Central Securities Clearing System.
