The Senate has passed the Nigeria start-up bill, following the adoption of a Senate Committee on ICT and Cyber Security report on Wednesday’s plenary.
While presenting the report, the Chairman of the Senate Committee on ICT and Cyber Security, Senator Oseni Yakubu explained that the bill sought to establish the National Council for Digital Innovation and Entrepreneurship.
Yakubu said the council, upon its establishment, would create and develop an enabling environment for technology-enabled start-ups in Nigeria.
Also at plenary, a bill for an act to provide ease of doing business to ensure transparency, efficiency and productivity in Nigeria and for other related matters passed second reading.
The bill was sponsored by the Deputy Senate Leader, Ajayi Boroffice (APC – Ondo).
The bill after consideration was referred by the Senate President, Ahmad Lawan, to the Committee on Trade and Investment for further legislative input.
The Committee was given two weeks to report back to the chamber in plenary.