Isa Pantami, Minister of Communications and Digital Economy, made this known shortly after the FEC meeting, where he also noted that the bill is particularly targeted at those working within the tech industry.
He said, “The Federal Executive Council has approved the Nigeria startup bill and has also directed my humble self, the Minister of Communications and Digital Economy, and also the Attorney-General of the Federation and Minister of Justice to ensure that we immediately liaise with and transmit them to the National Assembly to begin their legislative process of converting it into a law.
“And by this, the Nigeria Startup Bill has replaced our National Digital Innovation, Entrepreneurship and Startup Policy. This bill has 11 chapters and all of them have been crafted in order to provide the enabling environment for our startups to be very successful. First, the bill will establish the National Council for Digital Innovation and Entrepreneurship.
“This council is going to be checked by his Excellency, Mr. President himself, and part of the council. He will be supported also by the vice president. And I will also support both of them and many relevant ministers and government parastatals are part of the council.”
Source: Indepedent