Nigeria, Jan. 29 -- Nigeria Data Protection Commission (NDPC) has said the federal government generated N12 billion from promoting and enforcing data protection regulations in 2024.
According to the commission's annual report released on Tuesday, the development marks a 200 per cent increase from the N4 billion recorded in 2021.
The NDPC attributed the increase in revenue to strict enforcement policies and enhanced regulatory compliance measures for data protection organisations.
The number of organisations embracing data protection has increased, as reflected in the commission's compliance audit returns.
Between 2020 and 2021, the NDPC recorded 1,864 compliance reports from organisations, while between 2023 and 2024, this figure rose...
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