Fri. Oct 21st, 2022


President Muhammadu Buhari has signed the country Startup Bill into law.

The Minister of Communications and Digital Economy, Mr. Isa Pantami who announced this after a meeting with the President at Aso Villa disclosed that the startup bill passed on July twenty, this year, was initiated by the Executive Arm and seeks to create an enabling environment for tech-based startups in Nigeria.

He further revealed that the law which holds huge benefits for the country’s economy adopted an approach to allow startups to identify business challenges.

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

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