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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.

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

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