FG preparing bill on digital economy

The Federal Government is making arrangements to sponsor a bill – the Nigeria Startup Bill (NSB)- that will boost digital economy in the country.

The government explained that the Bill is a set of rules and incentives that will help create an enabling environment for tech-enabled businesses.

Senior Special Assistant to the President on Digital Transformation, Oswald Guobadia, disclosed these at a hackathon challenge organised by Financial Services Innovators (FSI) in collaboration with the Nigerian Association of Computing Students (NACOS) for select students in the six geo-political zones.

He said: “It puts guidelines in place to help facilitate funding through a number of different ways.

“There are funds available to staffers and small businesses but the bill will help to give a pathway for you to go to access it.

“The bill will serve as one – stop – shop. It is basically a startup management system where all startups would be registered and from that platform you will be able to access all the information as relates to the startup as long as you qualify for it.”

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