The House of Representatives Committee on Information and Communication Technology (ICT) on Thursday said it would work towards the early passage of Cyber Security Bill before it.
Rep. Ibrahim Gusau, the Committee Chairman, said this in Lagos at the 2012 Nigeria Digital Sense Forum with the theme "Internet Governance and Mobile Economy in Nigeria".
Gusau said that the passage of the bill was necessary in view of the cash-less policy recently introduced by the Central Bank of Nigeria (CBN).
"As at today, there is no law protecting electronic transactions in Nigeria. 'We are working hard on the cyber security bill and before the end of our tenure, the bill will scale through," he said.
Mr Lanre Ajayi, the Managing Director of PiNET Informatics, said that the bill had been with the house for a long time.
"It gladdens the heart to know that the committee had taken the bill into consideration and we are working toward its passage," he said.
Ajayi said that without passage of the bill, there would be poor e-commerce experience in Nigeria.
He said that lack of cyber security law would make citizens of other countries fear engaging Nigerians on online businesses. (NAN)