Today, the much talked-about Nigeria Startup Bill became a law.
The President, Muhammadu Buhari signed into Law the Nigeria Startup Bill (NSB), developed by the administration to provide stable legal framework and incentives for technology innovation.
In addition to the Nigeria Startup Bill (NSB), now an Act, the Administration has established/launched the following:
- A National Digital Economy Policy & Strategy
- A National Center for Artificial Intelligence and Robotics
- A National Data Protection Bureau
“We have also launched a National 5G Policy (with commencement of rollout); capped Highway Right of Way (RoW) fees for laying of fibre-optic cables at N145 per linear meter, to attract private investment; and extended ‘Pioneer Status’ to e-Commerce and software companies.
“We will continue to develop policies and legislation that support the innovation and entrepreneurship of our young people”, the President said.
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