Cyber Security Expert Association of Nigeria, CSEAN, has called for the President, Muhammadu Buhari to sign the Electronic Transaction bill.
The Electronic Transaction Bill enables the validity of contracts expressed in electronic forms, matters relating to evidence, security of online transactions, electronic signatures, the disclosure of information, protection of personal data, and protecting the rights of consumers.
Remi Afon, president of CSEAN said that the bill, will protect financial transactions of Nigerians. He further said the bill will also protect banks and their infrastructure, as they can use it to prosecute cases and make claims. “The time has come for the government to show great seriousness in ensuring that Nigerians are protected in their financial transactions, said Afron.
The bill will also protect the banks and their infrastructure, as they can leverage it to prosecute cases and make claims. Afron said the time has come for the government to show concern in ensuring that Nigerians are protected.
He said: “As an advocacy group, we are calling on the President to assent to the Electronic Transaction Bill, as it will provide a legal and regulatory framework for conducting transactions using electronic or related media, and for the protection of the rights of consumers including the facilitation of electronic commerce in Nigeria.”