5 Also, much more
opportunities in data privacy management envisaged by the
Nigeria Data Protection Regulation (NDPR),
2019 will be created. For SCs development to gain
much traction, there is the need for a concerted effort by all
stakeholders in the real estate sector; public and private sector
operators on one hand and technology developers and innovators on
the other hand towards improving the Nigerian housing and urban
planning landscape. More so, given the recently launched
Nigerian Strategy for Digital Economy, it
behoves regulatory agencies to expand its application towards
reducing Nigeria s housing deficit.
Although some have argued and rightly so that SC projects could
âSmart Cityâ Options: Optimizing Real Estate Development in Nigeria
Nigeria
December 15 2020
“Successful public-private partnerships combine the technology and innovation of governments, cities and companies to benefit citizens. By working together for the greater good, public-private partnerships can help accelerate the pace of change and implementation of smart cities infrastructure.”
Hubert Riley, Vice President, External Affairs at Verizon
Introduction
The idea of a “Smart City (SC)” - with driverless cars, sustainable energy sources, Internet of Things (IoT), connected devices, etc. – may seem illusory to many parts of Nigeria due largely to absence of support infrastructure. However, there are plans by the Lagos State Government (LASG) in collaboration with its partners, Dubai Holdings LLC to