Overview

The Nigeria Startup Act (NSA) is a legislative framework designed to foster an enabling environment for tech-enabled startups in Nigeria. Its objectives include driving economic growth, creating employment opportunities, and attracting both local and international investments to the Nigerian startup ecosystem.

Updates

8 March 2023: The Implementation Committee for the Nigeria Startup Act was inaugurated. Its mandate is to establish a baseline ecosystem for digital innovation and entrepreneurship.

8 March 2023: A Request for Interest was announced for joining the Startup Consultative Forum, a platform enabling private-sector stakeholders to engage with the Council on matters affecting the Nigerian startup ecosystem.

14 May 2024: The Federal Government approved the conversion of an existing property in San Francisco, USA, into a Nigerian Digital Technology Exchange Programme Hub (Nigeria Startup House). This hub will position Nigeria more prominently in the global technology space and attract further investments.

21 November 2023: The Startup Support and Engagement Portal, a key component for the implementation of the Nigeria Startup Act was launched.

5 July 2024: The Startup Labelling Committee was inaugurated, comprising representatives from both the public and private sectors. Its role is to confer official recognition on qualifying startups in accordance with the provisions of the Nigeria Startup Act.