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National Assembly transmits Start-Up Bill to Buhari

National Assembly transmits Start-Up Bill to Buhari

The National Assembly yesterday transmitted the Start-Up Bill to President Muhammadu Buhari for his assent.

The Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Babajide Omoworare, announced this in a statement made available to State House correspondents.

The Bill, when assented to by the President, will provide an enabling environment for technology-enabled start-ups in the country, positioning Nigeria as the African tech hub.

“The National Assembly today, Monday, September 19, 2022, transmitted the Start-Up Bill to President Muhammadu Buhari for assent, having passed through all required legislative processes.

“It will be recalled that the Bill was forwarded to the National Assembly pursuant to Section 58(2) of the 1999 Constitution for consideration by President Buhari in a letter dated February 21, 2022.

“The Start-Up Bill, 2021 will provide for the creation and development of enabling environment for technology-enabled start-ups in Nigeria. It aims to position Nigeria’s ecosystem, as the leading technology centre in Africa, having excellent innovators with cutting-edge skills and exportable capacity,” the statement said.

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