President Muhammadu Buhari, GCFR today signed the Start-Up Bill 2022 into law at the Presidential Villa, Aso Rock, Abuja.
In a statement issued by the Minister of Communications and Digital Economy Prof. Isa Ali Pantami, this will be a gamechanger for the technology industry.
The Start-Up Bill initiated by both the Office of the Chief of Staff and the Office of the Minister of Communications & Digital Economy, was designed to strengthen the Nigerian tech ecosystem and position it for more investments.
The Act will ensure that Nigeria's laws and regulations are clear, planned and work for the growth and development of the tech ecosystem. It will also ensure that start-ups that require licensing from regulators such as the CBN and Securities and Exchange Commission, SEC will enjoy accelerated processes.
This is in addition to the protection of intellectual property for start-ups and for those that want to exit and raise money through the stock exchange to be free to do so.
Download Here – Nigerian Startup Bill Toolkit
Download Here – Nigerian Startup Bill, 2021