Connect with us

Hi, what are you looking for?

Business

Senate passes ‘Nigerian start-up bill’

The Nigerian Start-up Bill, 2022, has been passed by the Senate on Wednesday.

Technocrat Media, Abuja

The Nigerian Start-up Bill, 2022, has been passed by the Senate on Wednesday.

The new passage followed the adoption of a report of the Senate Committee on ICT and cyber security.

According to NAN, the chairman of the committee, Oseni Yakubu, said that the bill sought to provide for the establishment of the National Council for Digital Innovation and Entrepreneurship.

According to the lawmaker, the council, upon its establishment, would create and develop an enabling environment for technology-enabled start-ups in Nigeria.

Also, a bill for an act to provide for the ease of doing business to ensure transparency, efficiency, and productivity in Nigeria and for other related matters passed second reading in the Senate. 

The bill was sponsored by the deputy senate leader, Ajayi Boroffice, an APC lawmaker from Ondo.

After deliberations on the bill, the president of the Senate, Ahmad Lawan asked the committee on trade and investment to take over the bill for further legislative input.

The committee was given two weeks to present its report to the chamber in plenary.

Dear Reader, Excellent journalism is expensive. It is only the same that can help to build our society and country to entrench good governance, and development and ensure justice for all.

We need your support for investigative findings and special reports to demand accountable and transparent government. DONATE today to help us stay relevant to serve your quest for accurate and authentic stories.

DONATE TO 0450702364, naira OR 0657626454, USD – GTBANK

TECHNOCRAT INNOVATIONS PLUS LTD

1 Comment

1 Comment

  1. Pingback: Buhari assents to Nigerian startup bill - | Technocrat Media Nigeria

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Like Our Facebook Page

You May Also Like

National

President Muhammadu Buhari has reappointed Abike Dabiri-Erewa as chair of the Nigerians in Diaspora Commission (NiDCOM) for a second term in office.

BREAKING

Orji Kalu, chief whip of the senate has lost his wife, Ifeoma Kalu.

Elections

The Supreme Court has declared Godswill Akpabio, former minister of the Niger Delta Affairs, as the All Progressives Congress (APC) candidate for Akwa Ibom's...

Law

Olukayode Ariwoola has been confirmed by the Senate as the chief justice of Nigeria (CJN

Power & Energy

The upper legislative chamber of the National Assembly has passed the Electricity Bill 2022—to allow states to generate and distribute power in their domains.

Business

Ahmad Lawan, the Senate President has warned Multichoice Nigeria against implementing a hike in tariff on its products while the matter is being investigated...