The Federal Government has restated its commitment to support stakeholders in the Information and Communication Technology sector to create and strengthen a national data ecosystem for sustainable economic development, stressing that digital economy holds huge potential for entrepreneurs and Small and Medium Enterprises (SMEs).
This was revealed by the Minister of Communications, Barr. Adebayo Shittu, at a news conference in Abuja to mark the World Telecommunication and Information Society Day.
He noted that this year’s theme: “Big Data, for Big Impact’’ is an umbrella term for large amounts of digital data continually generated from various devices used by the global population in solving complex tasks aimed at exploring imperfect, unstructured data into actionable information.
According to Shittu, data analysis is capable of complementing the evidence-based nature of decision-making that could be leveraged at local, national, regional and international levels and helps drive success towards attaining all 17 of the United Nations’ Sustainable Development Goals (SDGs) by 2030.
Shittu explained that generated data will be used in innovative ways to increase the value of data as the ministry would encourage cross-sector, cross-agency and cross border data collaboration by developing unified standards for emerging data sources adding that efforts are in place to establish a data-driven decision making, service and operational efficiency culture by developing national policies and data strategies to promote open data and Big Data analytics to enhance data transparency and utility.