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What Nigeria needs is a secondary market for businesses, By 'Tope Fasua

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In the twilight of the Buhari administration, the super minister – Sheikh Pantami got a few bills signed pertaining to his huge portfolio. One of such successful bills which became an Act, is the Nigerian Startup Act 2022. Part I of the Act states its objectives as to: (a) provide a legal and institutional framework […]

In the twilight of the Buhari administration, the super minister – Sheikh Pantami got a few bills signed pertaining to his huge portfolio. One of such successful bills which became an Act, is the Nigerian Startup Act 2022.

it has at least one-third local shareholding held by one or more Nigerians as founder or co-founder of the startup; and So, as things stand I don’t know if the Startup Act is gaining traction already. If it hasn’t, let this article call attention to the well-intended Act so that our young innovators rush for it.

 

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