The Nigerian government, under President Bola Tinubu, is prioritizing data governance as a key driver of economic growth, declaring “data is the new oil”. This signals a shift towards recognizing data as a valuable national asset. Consequently, the government is mandating Ministries, Departments, and Agencies (MDAs) to comply with data localization policies. These new rules tighten regulations surrounding the collection of citizens’ personal data. The move aims to leverage data for economic advancement and is expected to reshape the country’s technological landscape. Further details regarding the implementation of these policies are anticipated, with the goal of fostering a data-driven economy in Nigeria.