President of the Federal Republic of Nigeria
Produce First Draft
Harmonise Existing Laws/regulation and Feed inputs to legal framework from key ecosystem leaders (MDAs, States, Networks).
Validate First Draft
Ecosystem Leaders and representatives review the first draft as well as the Presidential Working Group composed of MDA decision makers critical to implementing components of the bill.
Presidential Announcement and Town Hall meetings take place for public consultation and validation of the second draft of the bill with ecosystem stakeholders at state level in all geopolitical zones. .
Final Draft Produced
Drafting teams take all the inputs and make revisions to feed into the final bill.
Bill is submitted to the President who then submits Executive Bill to the National Assembly.
The Nigeria Startup bill makes provisions for four foundational elements: Capital, Regulation, Infrastructure, and Talent. These four major components are what the virtual learning series will highlight.
Here’s a timeline of what to expect:
|Bill Focus||Topic||Proposed Date||Registration Links||Time|
|Capital||Incentivizing and protecting investments in Innovation||21/10/2021||https://us02web.zoom.us/webinar/register/WN_nYHOuRzWQU2-Z91BGlI1fg||12pm|
|Regulation||Increasing Industry-Government engagement for co-creation of laws||29/10/2021||https://us02web.zoom.us/webinar/register/WN_CW2VubwOTmKvxNqVcIBZcw||12pm|
|Talent||Building Africa through Talent Development||04/11/2021||https://us02web.zoom.us/webinar/register/WN_DAFWcTwaRj2HLkh9uBg0mw||12pm|
|Infrastructure||Investing in infrastructure as a tool for economic recovery||11/11/2021||https://us02web.zoom.us/webinar/register/WN_6HjoqROqQ0SM-L_x12BIHw||12pm|
Here you can have your say on the bill, indicating challenges yet to be addressed, propose additional policy solutions or propose amendments to specific articles.
The Nigeria Startup Bill project is a joint initiative by Nigeria’s tech ecosystem and the Presidency to harness the potential of our digital economy through co-created regulations. While this is our bill; it is being project managed by the Ventures Platform Foundation and supervised by the Presidential Strategic Advisory Group composed of stakeholder representatives from the tech-startup ecosystem in Nigeria.
By jointly reviewing the drafts of the bill and giving your inputs. You can participate by clicking on here
We plan that this bill is submitted to the NASS by October and passed by 2021. Visit the project timeline and subscribe to the newsletter to follow the journey.
Yes. Other African countries like Senegal and Tunisia have passed their own startup bills.
We are adopting a collaborative approach to drive this cause. We have tagged this collaborative framework the Big Tent approach, which in other words, means the bill is owned by the ecosystem. The process of engagement involves all relevant stakeholders in the startup ecosystem including the government (both at regional and federal levels, as well as across the legislative, executive and judiciary arms of government to develop and submit the bill to be signed into law. This is an initiative together with #i4Policy, and, is being supported by the Innovation for Policy Foundation, an organization working to increase public policy co-creation that has experience in facilitating the co-design of startup policy and legislative frameworks in more than a dozen African countries. We are also identifying existing laws/regulations and harmonising them into this bill. We are also using the bill as an opportunity to update existing but outdated laws.
Country Director, UK-Nigeria Tech Hub
CMO / MTN
Managing Partner, GrandCentral
SSA (Country Risk Assessment and Evaluation) to the President, Federal Republic of Nigeria
Managing Partner, Utopia, Lagos
SA (Innovation) to the Vice President, Federal Republic of Nigeria
Founder / Future Africa
Head of Compliance / Smile Identity
Director / API
Founder / Ventures Platform
Founding Partner, LoftyInc Capital Management
Founder / Startup Arewa
CEO / Teasy International
Founder, Iba Ajie hub, Africa Soft Power Project
SSA (Strategic Communications) to The President, Federal Republic of Nigeria
SSA to the President on Digital Transformation
Founder / CoLab
Policy Lead / Google West Africa
CEO / Big Cabal Media
Executive Director & Lead Researcher / API