The Nigeria Startup bill, NSB, yesterday passed the third reading at the lower house of the country’s parliament, the house of representatives.
This comes exactly a week after the bill was passed by the senate and passed to the house of representatives.
With the passing of the third reading at the House of reps, the bill has now passed its round at the National Assembly. With concurrence on the bill reached, it’s left for President Buhari’s assent to make it a law.
Of the 3 objectives of the bill, the most critical is bridging the engagement gap between startups and regulators and ensuring that harmful regulations that harm Nigeria’s tech ecosystem are shut down.