The Nigeria’s technology startup industry needs law to keep it growing and increase its economic benefits to the country, the Minister of Communications and Digital Economy, Isa Ibrahim Pantami and other IT industry stakeholders have said.
They spoke during the consultation session held in Abuja Thursday to review the proposed draft of the Nigeria Startup Bill (NSB).
The proposed legislation is to harness the potentials of Nigeria’s digital economy through co-created regulations, whilst ensuring that Nigeria’s laws and regulations are friendly, clear, planned, and work for the tech ecosystem.
Pantami said the gap between startups and the government would be bridged by the proposed law, and there would be a council consisting of Federal Government’s representatives and other stakeholders in the startup community, for the purpose of continuous engagement.
