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Buhari Signs Startup Bill to Encourage ICT Development

Piroll

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5 months ago

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NAIJA NEWS: Buhari Signs Startup Bill to Encourage ICT Development [New Naija News] » Naijacrawl
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In the quest of expanding the contribution of the Information, communication, and technology sector to the economy of the country, President Buhari yesterday signed the startup bill 2022.

Read Also : Buhari signs Defence Research bill, three others into law


The Minister of Communications and Digital Economy, Isa Pantami, announced this on Wednesday after a meeting with the President at Aso Villa.

He disclosed that the startup bill passed on July 20, 2022, was initiated by the executive arm and seeks to create an enabling environment for tech-based startups in Nigeria.

Pantami further revealed that the law which holds huge benefits for the Nigerian economy, adopted an approach to allow startups to identify business challenges and voice them out.

Based on the provisions of the law, the Federal Government plans to set up a 10 billion naira fund for startups in the country.

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Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

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elnino

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Victorious

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NAIJA NEWS: NYSC at 50: FG hails corps members on national development [New Naija News] » Naijacrawl
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Piroll

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3 years ago

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