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Buhari Signs Startup Bill to Encourage ICT Development

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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.



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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Kogi State Sets To Borrow $100 Million For Development Purpose

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NEWS: Kogi State Sets To Borrow $100 Million For Development Purpose [New Naija News] » Naijacrawl
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Few weeks after his second term inauguration, The Yahaya Bello led government in Kogi State has concluded plans to borrow an extra 100 million dollars in order to fast track the social economic development of the state.This was unveiled by the Kogi State Commissioner for Finance, Budget and Economic Planning, Asiru Idris on Wednesday while briefing newsmen shortly after the State Executive Council meeting held at the government house in Lokoja.The commissio...
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Buhari Assents Electoral Bill After Great Pressure

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NAIJA NEWS: Buhari Assents Electoral Bill After Great Pressure [New Naija News] » Naijacrawl
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It was a historic moment today in Abuja as President Buhari assented to the electoral act amended bill during a brief ceremony held at the Council Chamber of the Aso Villa in Abuja.The Vice President, Professor Yemi Osinbajo; President of the Senate, Ahmed Lawan, and Speaker of the House of Representatives, Femi Gbajabiamila, witnessed the signing of the bill.This comes barely a week to the expiration of the window the President has to take a decision on the propose...
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Electoral Act Bill: Buhari Postpones Signing

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NAIJA NEWS: Electoral Act Bill: Buhari Postpones Signing [New Naija News] » Naijacrawl
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President Muhammadu Buhari will now sign the amended Electoral Act Amendment Bill on Friday, February 25.A source close to the Presidency, who had earlier indicated that the President would assent to the bill on Wednesday.It was earlier reported that the President will sign the bill yesterday, but it was postponed to today, however, the reason for the delay in the signing of the act is not yet known.
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