FG moves to turn Nigeria’s Startup Act into funding, tax and export gains for founders - Businessday NG

…Pushes 15 agencies to unlock incentives

The Federal Government is moving to turn Nigeria’s Startup Act from a legal framework into practical funding, tax, export and regulatory benefits for startups, as it pushes more than 15 government institutions to work together on implementation.

The National Information Technology Development Agency (NITDA) said the success of the law would no longer be measured by its existence, but by how easily startups and investors can access the incentives it provides.

The agency made the call at the Nigerian Startup Act (NSA) Incentives Activation Co-Creation Session in Abuja, organised by NITDA’s subsidiary, the Office for Nigerian Digital Innovation (ONDI).

The push marks a shift in focus from designing the policy to delivering its benefits to businesses, particularly startups seeking capital, tax relief, regulatory support and access to export markets.