The Nigerian Start-up Bill, 2022 has been approved by the Senate after the Committee on ICT and Cyber Security’s report was discussed on Wednesday.
The National Council for Digital Innovation and Entrepreneurship will be established under the bill; according to the committee chairman, senator Oseni Yakubu (APC Kogi Central), who revealed this information in his presentation.
According to him, the council would promote an atmosphere that would support technology-enabled start-ups in Nigeria.
Another law that would have made it easier to conduct business in Nigeria while also ensuring transparency, efficiency, and productivity received second reading in the senate.
Senator Ajayi Boroffice (APC – Ondo North), the Deputy Senate Leader, sponsored the legislation.
Following deliberation, the Senate President, Ahmad Lawan; forwarded the bill to the Committee on Trade and Investment for additional legislative input.
The committee was given two weeks to submit a final report to the full chamber.
Another connected development was the passage of the second reading on the floor of a bill to create the Federal Nephrology and Kidney Research and Treatment Centre in Hadejia, Jigawa State.
Lawan referred the bill, which was sponsored by Senator Hassan Hadejia (APC – Jigawa North-East), to the Committee on Health (Secondary and Tertiary).
Sen. Yahaya Oloriegbe’s committee was given four weeks to submit its report.