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A ROADMAP TO TECHNOLOGICAL  INCLUSION (NIGERIA STARTUP ACT, 2022)

The Nigerian Startup Act, 2022 (the “Act”) was signed into law by President Muhammadu Buhari on 19 October 2022. The Act aims to provide a legal and institutional framework for the development of startups in Nigeria by providing an enabling environment for the establishment, development, and operation of startups in Nigeria, providing for the development and growth of technology-related talent, and positioning Nigeria’s startup ecosystem as the leading digital technology centre in Africa, having excellent innovators with cutting edge skills and exportable capacity.

REVIEW OF THE NIGERIA START-UP BILL, 2021 (HB. 1886)

According to Clause 2, the Bill clearly defines its scope as applying to companies incorporated under the Companies and Allied Matters Act, 2020 (“CAMA”) and registered as start-ups per the provisions of Clause 13 of the Bill, and also organisations whose activities affect the creation, support and incubations of labelled start-ups in Nigeria. Non-technology companies, holding companies or subsidiaries of

Clarifying The Data Protection Obligations Of Cloud Providers And Cloud Customers In Nigeria

It is generally assumed by some cloud customers in Nigeria that since they do not provide the cloud service, they have no compliance obligation if the cloud service is used to process the personal data of individuals in Nigeria. But as will be explained below, this is incorrect and not always the case according to the provision of the Nigerian Data Protection Regulations 2019 (NDPR) issued by the National Information Technology Development Agency (NITDA).

National Renewable Energy Development Agency (Establishment), Bill 2021 (HB. 1241)

The bill seeks to establish the National Renewable Energy Development Agency (the “Agency”), charged with the responsibility of promoting the use of renewable energy resources - including hybrid systems - to achieve greater energy self-reliance and thereby reduce the exposure to fossil fuel price fluctuations, reduce harmful emissions, and promote economic growth and protection of the environment in Nigeria. 

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