The National Assembly on Monday transmitted the Start-Up Bill to President Muhammadu Buhari for assent.
The Senior Special Assistant to the President on National Assembly Matters (Senate), Babajide Omoworare, disclosed this in a statement.
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The executive bill was forwarded to the National Assembly pursuant to Sections 58(2) of the 1999 Constitution for consideration by President Buhari in a letter dated February 21, 2022.
The bill makes provisions to promote local content and provide the proper infrastructure needed for the growth of startups, in an effort to position Nigeria as a leader in the technology space.