Buhari said this while delivering his keynote address at the 2019 Annual Investment Meeting in Dubai, themed “Mapping the Future of Foreign Direct Investment: Enriching World Economies through Digital Globalization.”
His keynote address was released via Aso Rock Villa verified Facebook page.
He said, “Our public sector reform programs focus on digitising key operations. From procurement to payroll to revenue collections, we are using digital platforms to reinforce our objectives of improving efficiency, accountability and transparency in governance. We are also working on creating the largest digital database in Africa. Already, our digital identity system has captured over thirty million Nigerians and legal residents.
“Whilst this digital globalisation has occurred rapidly in the private sector, many governments and regulators have not kept pace. New waves of cybercrime and terrorism continue to threaten the positive strides being made. On cybersecurity, Nigeria has taken the lead in cyber policing in West Africa. In this, we are working with our regional and global partners.
“As earlier observed, the digital world is borderless. In many instances, the criminals in this world are faceless and without physical addresses. This is why we must all come together to protect the good while eliminating the bad. Emerging threats are difficult to prevent or manage unilaterally. It has to be a collective effort, led by both public and private sector leaders – many of whom are here today. A certain level of regulation is needed to preserve the integrity of the digital economy,” Buhari added.