The National Information Technology Development Agency, NITDA released five new regulatory instruments to ensure a well regulated and organized best practice for efficient development of Information Technology sector in Nigeria.

The new guidelines includes: The Rule Making Process Regulation of NITDA; The Nigerian Data Protection Regulation; Guideline for It Clearance; Guidelines for Public Internet Access and Framework for Use of Social Media in Public Institutions.

The Director General of the agency, Dr. Isa Ibrahim Pantami during the event on Friday said; the new guidelines will help NITDA to regulate the use of Information Technology and operations of social media in public places.

According to the Dr. Isaiah Ibrahim Pantami, this is to encourage and ensure greater development of the nation’s IT sector. The administration of the NITDA according to Ibrahim is to help the organization regulate properly the IT sector and ensure increase in patronage of locally assembled devices.

The guildines according to him will help the organization to properly regulate the IT sector in other to ensure a good level of unifomity, consistency and careful investments in the right type of technology systems required in Nigeria and also creating an enabling environment for growth.

‘‘We are also encouraging innovation as we shall soon issue directives to encourage MDAs to use emerging technologies like cloud computing, blockchain and various other platforms for big data analytics,’’

he added.

We look forward to with the upcoming guildlines that will be released in the future for an enabling and straight forward environment for cryptocurrency and Blockchain adoption in Nigeria. We can recall that Nigerian has so far made no regulations concerning Blockchain Technology. The Central Bank Of Nigeria has so far warned the public regarding the use of cryptocurrency.