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Lawmakers pass Nigeria Start-up Bill to boost entrepreneurship

Senate chamber

The Senate yesterday passed the Nigeria Start-up Bill, 2022, following the adoption of a report of the Senate Committee on ICT and Cyber Security at the plenary.

Presenting the report, the Committee Chairman, Oseni Yakubu, said the bill sought to establish the National Council for Digital Innovation and Entrepreneurship.

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

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

The bill was sponsored by Deputy Senate Leader Ajayi Boroffice (APC – Ondo).

After consideration, the Senate President, Ahmad Lawan, referred the bill to the Committee on Trade and Investment for further legislative input.

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

Similarly, a bill to establish the Federal Nephrology and Kidney Research and Treatment Centre Hadejia also scaled second reading.

The bill, sponsored by Hassan Ibrahim Hadejia (APC – Jigawa), was referred to the Committee on Health (Secondary and Tertiary) for further legislative inputs.

The committee, which has Yahaya Oloriegbe as the chairman, was given four weeks to send its report back to the senate. (NAN)

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

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