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First with the News

Senate Passes Nigeria Start-up Bill, Others

July 20, 2022
in Legal, Top Stories
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Kaduna

Nigerian Senate. Kaduna

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By John Ikani

The Senate has passed the Nigerian Start-up Bill, 2022, following the adoption of a report of the Committee on ICT and Cyber Security on Wednesday’s plenary.

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Chairman of the Committee, Senator Oseni Yakubu (APC – Kogi Central), in his presentation, said the bill seeks to provide for the establishment of the National Council for Digital Innovation and Entrepreneurship.

Yakubu further revealed in his presentation, that the council would assist in creating and developing an enabling environment for technology-enabled start-ups in Nigeria.

Similarly, another bill which was sponsored by the Deputy Senate Leader, Ajayi Boroffice (APC – Ondo North) scaled the second reading.

The bill is for an Act to provide for the ease of doing a transparent, efficient and productive business in Nigeria and for other related matters.

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.

In a related development, another bill to establish the Federal Nephrology and Kidney Research and Treatment Centre Hadejia also scaled the second reading on the floor.

The bill, sponsored by Senator Hassan Ibrahim Hadejia (APC – Jigawa North-East), was referred by Lawan to the Committee on Health (Secondary and Tertiary).

The Senator Yahaya Oloriegbe-led Committee was given four weeks to turn in its report.

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