Section 44 Nigeria Startup Act 2022
Section 44 Nigeria Startup Act Section 44 Nigeria Startup Act 2022 is about Power of the President to give directives of general character. It is under Part XI (Miscellaneous Provisions) of the Act. The President may make policy guidelines or give to the Council or the Secretariat directives of a general or specific nature relating […]
Section 43 Nigeria Startup Act 2022
Section 43 Nigeria Startup Act Section 43 Nigeria Startup Act 2022 is about Data protection. It is under Part XI (Miscellaneous Provisions) of the Act. The use and processing of data for the purpose of giving effect to this Act shall be in a responsible manner and in compliance with extant data protection laws and […]
Section 42 Nigeria Startup Act 2022
Section 42 Nigeria Startup Act Section 42 Nigeria Startup Act 2022 is about Establishment of Technology Development Zones. It is under Part X (Clusters, Hubs, Innovation Parks and Technology Development Zones) of the Act. (1) The Secretariat shall collaborate with the Nigeria Export Processing Zones Authority to establish a Technology Development Zone (in this Act […]
Section 41 Nigeria Startup Act 2022
Section 41 Nigeria Startup Act Section 41 Nigeria Startup Act 2022 is about Functions of the clusters, hubs and innovation parks. It is under Part X (Clusters, Hubs, Innovation Parks and Technology Development Zones) of the Act. Startup innovation clusters, hubs, physical and virtual innovation parks shall provide —(a) dedicated team, help desk and contact […]
Section 40 Nigeria Startup Act 2022
Section 40 Nigeria Startup Act Section 40 Nigeria Startup Act 2022 is about Establishment of clusters, hubs and innovation parks. It is under Part X (Clusters, Hubs, Innovation Parks and Technology Development Zones) of the Act. (1) The Council shall issue a framework for the establishment and operation of startup innovation clusters, hubs, physical and […]
Section 39 Nigeria Startup Act 2022
Section 39 Nigeria Startup Act Section 39 Nigeria Startup Act 2022 is about Incentives for accelerators and incubators. It is under Part IX (Accelerators and Incubators) of the Act. (1) There shall be a register of accelerators and incubators that contributed to the startup ecosystem which shall be maintained by the Secretariat. (2) Startup accelerators […]
Section 38 Nigeria Startup Act 2022
Section 38 Nigeria Startup Act Section 38 Nigeria Startup Act 2022 is about Accelerator and incubator programmes. It is under Part IX (Accelerators and Incubators) of the Act. (1) The Secretariat shall, in realising the objectives of this Act, establish accelerator and incubator programmes for startups. (2) The Council shall, for the purpose of subsection […]
Section 37 Nigeria Startup Act 2022
Section 37 Nigeria Startup Act Section 37 Nigeria Startup Act 2022 is about Repatriation of capital and profits. It is under Part VIII (Collaboration with Regulators) of the Act. (1) The Secretariat shall collaborate with the CBN to guarantee repatriation of investment by a foreign investor through the CBN’s authorised dealer in freely convertible currency […]
Section 36 Nigeria Startup Act 2022
Section 36 Nigeria Startup Act Section 36 Nigeria Startup Act 2022 is about Listing of startups on exchanges. It is under Part VIII (Collaboration with Regulators) of the Act. (1) The Council shall assist labelled startups that seek to list on the relevant board of the Nigerian Exchange Limited (NGX), or on similar stock and […]
Section 35 Nigeria Startup Act 2022
Section 35 Nigeria Startup Act Section 35 Nigeria Startup Act 2022 is about Participation of a labelled startup in regulatory sandboxes. It is under Part VIII (Collaboration with Regulators) of the Act. (1) A labelled startup intending to participate in the CBN’s regulatory sandbox, SEC’s regulatory incubation programmes, or any other regulatory sandbox programmes set […]