The Senate has passed the Nigeria Start-up Bill, following the adoption of the Senate Committee on ICT and Cybersecurity report during Wednesday’s plenary.
While presenting the report, the Chairman of the Senate Committee on ICT and Cybersecurity, Senator Oseni Yakubu, explained that the bill aimed to establish the National Council for Digital Innovation and Entrepreneurship.
Yakubu stated that upon its establishment, the council would create and develop an enabling environment for technology-enabled start-ups in Nigeria.
Also at plenary, a bill for an Act to provide ease of doing business, ensuring transparency, efficiency, and productivity in Nigeria, and for other related matters, passed its second reading.
The bill was sponsored by the Deputy Senate Leader, Ajayi Boroffice (APC – Ondo).
The bill after consideration was referred by the Senate President, Ahmad Lawan, 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.
