Minister of communications and digital economy, Dr Isa Ali Ibrahim Pantami on Monday inaugurated the Expert Review Committee of the National Policy and Strategy on Digital Economy.
He said the Expert Review Committee had been carefully selected from a pool of tech savvy Nigerians.
“Your selection is a reflection of the level of confidence that we have in you to carry out this very important national assignment,” Pantami said.
The minister said the development of the Nigerian Digital Economy would also have a multiplier effect on the level of development of the traditional economy and would enable Nigeria to get a slice of the Global Digital Economy, which Oxford Economics, according to him, valued at $11.5 trillion dollars or approximately 16% of the Global Economy.
“This value is expected to grow significantly over the coming years. The World Economic Forum predicts that over 60% of global GDP will be digitized by 2022 and that over the next decade, digital platforms will be used to create close to 70% of new value,” Pantami said.
He added that the terms of reference for the committee included Review of the Draft 2020-2030 NDEPS with special focus on the deliverables listed in the Policy and Strategy sections, as well as the grammatical constructs of the statements, Develop an effective implementation roadmap, Create Responsibility Assignment Matrix and Outline a robust monitoring strategy with a clear feedback mechanism.
The minister said the committee members were expected to come up with a Roadmap based on the document. He said the committee should identify the desired outcome and include milestones needed to reach it.
“We have identified a number of Stakeholders that are critical to the successful implementation of NDEPS and we expect this Committee to propose the assignment of responsibilities to them based on the mandate, expertise and track record.
“We appreciate the fact that no Policy or Strategy document implements itself and we know the level of monitoring and feedback makes all the difference in the potential success of the implementation process,” Pantami said.
He said the Committee was expected to come up with novel and feasible approaches to the monitoring and feedback of the different aspects of the NDEPS in ways that were seamless and easy to assess.
He said the government was confident in their ability to undertake this task and urged them to give it the level of commitment that it deserved.
President Muhammadu Buhari unveiled and launched the National Digital Economy Policy and Strategy for a Digital Nigeria on the 28th of November, 2019.
The Policy and Strategy are based on Developmental Regulation, Digital Literacy and Skills, Solid Infrastructure, Service Infrastructure, Digital Services Development and Promotion, Soft Infrastructure, Digital Society and Emerging Technologies and Indigenous Content Development and Adoption.