Nigeria Loses N3.133trn To Cybercrime Yearly-NITDA DG. A report has disclosed that the Nigerian government loses approximately N3.133 trillion to the cybercrime and foreign software each and every year according to the National Information Technology Development Agency, NITDA.

According to Dr. Isa Ibrahim Pantami, the Director-General of the agency who shared this information at a stakeholders engagement on Nigeria software Testing Guidance, NSTG, and the Guidelines for Information Systems Audit, GITA, in Abuja, also said N127 billion is lost to the cyber-crime incidents yearly due to Nigerian’s incompetence to properly protect information systems. This began in previous three (3) when it was reported that Nigeria Loses N127bn Yearly to Cybercrime according to FG and this time, the news is Nigeria Loses N3.133trn To Cybercrime Yearly-NITDA DG.

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