By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: FEC Approves Startup Bill To Provide Enabling Environment For Entrepreneurs
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | FEC Approves Startup Bill To Provide Enabling Environment For Entrepreneurs

News

FEC Approves Startup Bill To Provide Enabling Environment For Entrepreneurs

Daily Report Nigeria
Daily Report Nigeria
Published: June 15, 2025
Last updated: June 15, 2025
3 Min Read
Share
FEC Approves Startup Bill To Provide Enabling Environment For Entrepreneurs | Daily Report Nigeria
SHARE
The federal executive council (FEC) has approved the Nigeria startup bill to provide an enabling environment for entrepreneurs.

Minister of communications and digital economy, Isa Pantami made this known on Wednesday at the end of the council meeting in Abuja.

According to him: “The first one is on the Nigeria startup bill, which is exciting news to our innovators all over the country, particularly those who are working within the tech industry,” 

“The federal executive council has approved the Nigeria startup bill and has also directed my humble self, the minister of communications and digital economy, and also the attorney-general of the federation and minister of justice, to ensure that we immediately liaise and transmit same to the national assembly to begin the legislative process of converting it into law. 

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

Also Read: 5G Will Help Address Nigeria’s Security Challenges; Pantami

“By this, the Nigeria startup bill has replaced our national digital innovation entrepreneurship and startup policy.

“This bill has 11 chapters, and all of them have been crafted to provide the enabling environment for our startups to be very successful.

“Firstly, the bill will establish the national council for digital innovation and entrepreneurship. 

“This council is going to be chaired by Mr. President himself and part of the council he will be supported also by the Vice President and I will also support both of them and many relevant ministers and government parastatals are part of the council. 

“Furthermore, there is also the operational structure of the council in which all the relevant institutions have a role to play in providing the enabling environment for our startups to thrive, part and parcel of this operational structure. 

“The bill also addresses startup leveling process, where a startup is going to be labeled. And after that, there is eligibility for the grant. 

“If a startup is looking for a government grant, there is a process to follow, which is very easy, and at the end, the government will be able to provide the grant and also there is a process of issuance, this certificate of leveling for the startup.

Also Read: Buhari Doing A Lot To Protect Nigerians – Lai Replies Obasanjo

“The bill also will establish the startup investment seed fund, where there is going to be a dedicated fund to be provided by the federal government for our young innovators all over the country to apply for the startup investment Seed Fund to begin their own process if they need that.” 

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:Ali Issa PantamiDaily Report NgFEC
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

Jeff Bezos, Lauren Sanchez – At a Glance | Daily Report Nigeria
Jeff Bezos, Lauren Sanchez – At a Glance
Fact File
Jeff Bezos Marries Lauren Sanchez in Lavish Venice Ceremony, Stars Attend | Daily Report Nigeria
Jeff Bezos Marries Lauren Sanchez in Lavish Venice Ceremony, Stars Attend
Entertainment
Ballon d’Or winner Aitana Bonmati hospitalised with viral meningitis | Daily Report Nigeria
Ballon d’Or winner Aitana Bonmati hospitalised with viral meningitis
Sports
Who is Dr. George Elombi? Incoming Afreximbank President | Daily Report Nigeria
Who is Dr. George Elombi? Incoming Afreximbank President
Fact File
Police Arrest 100 Gay Wedding Attendees in Delta
Akwa Ibom APC Chairman Killed In Brawl With PDP Supporters Over Largesse
Metro

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

Agediga Congratulates Gbaramatu Monarch on 5th Coronation Anniversary | Daily Report Nigeria
News

Agediga Congratulates Gbaramatu Monarch on 5th Coronation Anniversary

June 13, 2025
Buhari Exposed His Cluelessness, Encouraged Terrorism, Nigeria’s Division – PDP | Daily Report Nigeria
News

Buhari Exposed His Cluelessness, Encouraged Terrorism, Nigeria’s Division – PDP

June 15, 2025
Presidential Election: IReV Portal Did Not Show Peter Obi Won 19 States - Report | Daily Report Nigeria
News

Presidential Election: IReV Portal Did Not Show Peter Obi Won 19 States – Report

June 14, 2025
Insecurity: The Good, the Bad and The Ugly | Daily Report Nigeria
News

Insecurity: The Good, the Bad and The Ugly

June 13, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?