Facebook Twitter LinkedIn RSS
    Trending
    • Kamel Heus joins Saviynt as Vice President of MEA Sales
    • Phishing, ransomware, and AI exploits drive surge in SMB cyber incidents
    • Four steps to mitigating risk of losses caused by cyber incidents
    • ISPON gets new president, set agenda for software sector
    • Pathway to advancing Nigeria global cyber security ranking
    • Dangote Refinery set to launch ₦2.15 trillion initial public offer on Monday
    • MTN, Airtel tighten grip on Nigeria’s mobile internet market as Glo slips and T2 data stalls
    • Forum to driving conversations on green growth and shared prosperity
    Facebook Twitter LinkedIn
    ITPulse.com.ngITPulse.com.ng
    • News
    • Interviews
    • Blogs
    • Analysis
    • Opinion
    • Videos
    • Press Releases
    • Pictures
    • Advertise
    ITPulse.com.ngITPulse.com.ng
    Home»News»Why National Regulatory Sandbox key to Nigeria’s digital economy pursuit
    News 2 Mins Read

    Why National Regulatory Sandbox key to Nigeria’s digital economy pursuit

    mmBy ITPulseAugust 7, 2026190 Views
    Facebook Twitter WhatsApp Pinterest LinkedIn Reddit Tumblr Email
    The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE, represented by the National Coordinator of the Office for Nigerian Digital Innovation (ONDI), Mrs. Victoria Fabunmi, delivering his remarks at the National Regulatory Sandbox Governance and Implementation Planning Workshop held in Abuja
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa has called for stronger inter-agency collaboration among government regulators to accelerate the rollout of Nigeria’s National Regulatory Sandbox.

    Speaking through the National Coordinator of the Office for Nigerian Digital Innovation (ONDI), Ms. Victoria Fabunmi, at the National Regulatory Sandbox Governance and Implementation Planning Workshop in Abuja, Inuwa emphasized that inter-agency cooperation is the cornerstone of an innovation-friendly regulatory ecosystem.

    The Abuja workshop marks a crucial transition for the initiative, shifting focus from the design phase to implementation, where participating regulators will refine and validate the sandbox’s governance structure.

    Key milestones laying the groundwork for the sandbox include extensive stakeholder consultations and ecosystem mapping, comprehensive regulatory assessments, the preparation of a draft governance and implementation framework by ONDI and the creation of a cross-agency Technical Working Group to align statutory mandates.

    “The work completed so far provides a solid foundation, but the National Regulatory Sandbox can only achieve its objectives through collective ownership by all relevant regulatory institutions,” said Inuwa stated.

    He noted that differing agency mandates should be viewed as strengths to build a flexible framework capable of adapting to emerging technologies.

    Backing the initiative’s economic imperative, Ms. Ojonoka Yusufu, Implementing Partner Drive, highlighted that ICT remains one of Nigeria’s largest GDP contributors.

    With local startups rapidly expanding beyond fintech into healthtech, mobility, and agritech, close regulatory coordination is vital to safeguard public trust while attracting global investment.

    The National Regulatory Sandbox is anchored by the Nigeria Startup Act, establishing a solid legal foundation for responsible innovation. It allows startups to safely test and scale emerging technologies under active regulatory supervision. Additionally, the sandbox functions as a collaborative multi-agency governance mechanism that complements existing regulatory bodies without replacing them. Finally, it fosters a shared operational model among agencies to identify implementation gaps prior to a full launch.

    Ultimately, the National Regulatory Sandbox aims to strengthen institutional partnerships, solidify a shared national vision for technology governance, and position Nigeria as a globally competitive hub for sustainable, technology-driven economic growth.

     

    Digital Economy National Regulatory Sandbox
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    mm
    ITPulse
    • Website
    • Facebook
    • Twitter
    • LinkedIn

    ITPulse is a wholly information technology communication (ICT) news website, with a special focus on the African continent. The website provides up-to-date biz-tech news, analysis and comprehensive and thorough insight into the continent's ICT terrain

    Related Posts

    Phishing, ransomware, and AI exploits drive surge in SMB cyber incidents

    September 8, 2026

    Four steps to mitigating risk of losses caused by cyber incidents

    September 8, 2026

    ISPON gets new president, set agenda for software sector

    September 8, 2026

    Leave A Reply Cancel Reply

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Latest Posts

    Kamel Heus joins Saviynt as Vice President of MEA Sales

    September 8, 2026

    Phishing, ransomware, and AI exploits drive surge in SMB cyber incidents

    September 8, 2026

    Four steps to mitigating risk of losses caused by cyber incidents

    September 8, 2026
    About
    About

    Itpulse.com.ng is a wholly information technology communication (ICT) news website, with special focus on the African continent. The website provides up-to-date biz-tech news, analysis and a comprehensive and thorough insight info the continent's ICT terrain.

    Contact us: editorial@itpulse.com.ng

    Facebook Twitter LinkedIn RSS
    Latest Posts

    Kamel Heus joins Saviynt as Vice President of MEA Sales

    September 8, 2026

    Phishing, ransomware, and AI exploits drive surge in SMB cyber incidents

    September 8, 2026

    Four steps to mitigating risk of losses caused by cyber incidents

    September 8, 2026
    Popular Posts

    ISPON gets new president, set agenda for software sector

    September 8, 2026

    Pathway to advancing Nigeria global cyber security ranking

    September 7, 2026

    Africa to unlock $1.43 trillion annually through improved revenue collection – Report

    September 4, 2026
    © 2017 - 2026 Itpulse.
    • Terms & Conditions
    • Privacy Policy
    • Advertise
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.