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Nigerian Startup Bill Signed Into Law By President Buhari - Business - Nairaland 4hr5q

Nigerian Startup Bill Signed Into Law By President Buhari (20323 Views)

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nlfpmod: 9:23pm On Oct 19, 2022

https://www.youtube.com/watch?v=4ben1z0rRGg

President Muhammadu Buhari has signed the Nigeria Startup Bill into law.

The Minister of Communications and Digital Economy, Isa Pantami, announced this on Wednesday after a meeting with the President at Aso Villa.

He disclosed that the startup bill ed on July 20, 2022, was initiated by the executive arm and seeks to create an enabling environment for tech-based startups in Nigeria.

Pantami further revealed that the law which holds huge benefits for the Nigerian economy, adopted an approach to allow startups to identify business challenges and voice them out.

Based on the provisions of the law, the Federal Government plans to set up a 10 billion naira fund for startups in the country.

The Information and Communications Technology sector has so far contributed 18.42 percent in 2022.

https://www.google.com/amp/s/www.channelstv.com/2022/10/19/just-in-buhari-signs-nigeria-startup-bill-into-law/amp/

21 Likes 1 Share

dudusky007(m): 9:26pm On Oct 19, 2022
Let's see how it goes...can PETER OBI handicap ATIKU/TINUBU
LIKE for OBI
SHARE for ATIKU/TINUBU

157 Likes 11 Shares

Akinsete19(m): 9:26pm On Oct 19, 2022
Bills upon bills, yet none is functioning.

77 Likes 3 Shares

mbahdi(m): 9:26pm On Oct 19, 2022
Useless president under a useless party.with a useless party flag bearer.u all will be disgraced come next year.amen ..

66 Likes

Greenfaces: 9:27pm On Oct 19, 2022
Make dem come give me grant ooooo. I need funds for my company. Na through this means china and india take grow. We need this funds. Ginger don nearly die self na how to buy bus go take dey hustle dey my mind now.
Chai... this country ehn

4 Likes

AzuNas: 9:27pm On Oct 19, 2022
Alright. . . . . . . Aje

Great. . . . .But d money no go reach people wen need am....


Abeg

2 Likes

ClassicMan202(m): 9:27pm On Oct 19, 2022
What is the bill all about, can someone explain?

Because na only set aside 10billion Naira I hear o... Make e no be say na another avenue to corner our common wealth.

18 Likes

Olamila: 9:27pm On Oct 19, 2022
Sometimes its good for democracy for executive to corporate well with the legislature for better improvement in the legal system. This is a good law if implemented.

5 Likes

Yankee101: 9:28pm On Oct 19, 2022
When the world don go far far

1 Like

vengertime: 9:28pm On Oct 19, 2022
No one cares about terrorist Pantani bill.

5 Likes 1 Share

KennethEnyi(m): 9:28pm On Oct 19, 2022
Useless country…

2 Likes

FakaF: 9:28pm On Oct 19, 2022
This is vague. Where can I find a draft of the bill?

8 Likes

amerengues(m): 9:28pm On Oct 19, 2022
This is just a cosmetic approach to a drowning issue! They should deepen the solution rather than putting out theoretical solution! This same government will frustrate them when they start. You can ask some start ups like fintech.

1 Like

Princebest(m): 9:28pm On Oct 19, 2022
Nice move

1 Like

King2019(m): 9:29pm On Oct 19, 2022
Where to apply??
MrPADDY(m): 9:29pm On Oct 19, 2022
Fintech companies have been negatively effected by CBN monetary policies in recent times. Hopefully, the new law will give them enabling space to develop the sector.

7 Likes

Emmypure: 9:29pm On Oct 19, 2022
Let me apply for Grant sharply.

1 Like

9niceguy(m): 9:29pm On Oct 19, 2022
Make Dem gimme money for my business abeg
omoadeleye(m): 9:29pm On Oct 19, 2022
All the bills self , we don't feel their impact.
sainsburry: 9:30pm On Oct 19, 2022
Akinsete19:
Bills upon bills, yet none is functioning.

Have Faith Bro
emmanuel596(m): 9:30pm On Oct 19, 2022
As if the poor masses would be able to access it
Authoreety: 9:30pm On Oct 19, 2022
Wetin

Hope he understands what he signed ... Did he read the documents through?

2 Likes

smile4kenn(m): 9:30pm On Oct 19, 2022
Sweet
EGYPTIAN WORDS OF IGBO ORIGIN

https://gist.am/q/egyptian-words-of-igbo-origin
fascowilly(m): 9:30pm On Oct 19, 2022
Robotic president ever
Re: Nigerian Startup Bill Signed Into Law By President Buhari by Nobody: 9:32pm On Oct 19, 2022
If it's what I think it is, then it's a welcome development.

Least for once the nomadic cattle rearer has a slither of sense in his nepotic cranium.

Scratch that! This is his second attempt at displaying intelligence. First was when he grudgingly signed the electoral act.

Can't wait for February 2023...so he'll saunter out of Aso rock so we can go sweep and wash that place for a better occupant.

3 Likes

effort1: 9:33pm On Oct 19, 2022
Let's hope they will leave the stage of plan to and actually implement it.

alias nlpolicewoman, Buckeyemedia, Tinubuadvocate, the hypocrite, ihordspy, may the destiny of your children depend on the health status of your presidential candidate. Amen.

If you know you are not deceiving yourself about Tinubu's health status, you shouldn't have problem saying amen.

1 Like

Danny50: 9:33pm On Oct 19, 2022
Highly commendable, but he remains a failure.

1 Like

SmartPolician: 9:34pm On Oct 19, 2022
This is interesting and commendable. This is what serious countries do to boost creativeness and job creation in their domain

However, #10 billion sounds good but not a lot of money. Some Nigerian Fintechs have attracted way more than that in series funding in the last couple of years.

In the coming years, I want to see the new government increase the funds.

1 Like

VeryWickedMan: 9:36pm On Oct 19, 2022
Fraudulent bill to tax startups to death

1 Like

Re: Nigerian Startup Bill Signed Into Law By President Buhari by Nobody: 9:36pm On Oct 19, 2022
amerengues:
This is just a cosmetic approach to a drowning issue! They should deepen the solution rather than putting out theoretical solution! This same government will frustrate them when they start. You can ask some start ups like fintech.


How else do you suppose you can proffer an in-depth solution except g a law that forms the very foundation of the solutions that are to follow?

We may not like the man and his style of governance but it is no yardstick to demonise positive decisions all in a bid to further express hatred. You just ended up even sounding like one who has no knowledge of things but prefers to deceive others with farfetched vocabularies.

6 Likes 1 Share

okorogodwin4(m): 9:36pm On Oct 19, 2022
Does he really understand what he is g

1 Like

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