National Digital Economy Bill Scales First Reading

The National Digital Economy and e-Governance bill has scaled through its first reading at the House of Representatives.

The bill, which was sponsored by the Chairman of the House Committee on Digital and Information Technology, Adedeji Dhikrullahi Olajide, aims to provide a legal framework for the development and regulation of the digital economy.

Olajide, representing Ibadan North-West/Ibadan South-West Federal Constituency of Oyo State at the National Assembly expressed his excitement at the milestone achieved with the first reading of the bill.

According to him, the passage of the bill will have far-reaching implications for Nigeria’s economic growth and development.

“This bill is a crucial step towards harnessing the potential of our digital economy and positioning Nigeria as a key player in the global digital landscape,” Olajide said.

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He disclosed that the committee would go on a nationwide consultation process, engaging with stakeholders, industry experts, and the general public to gather input and feedback on the bill.

“This consultation process will ensure that the bill reflects the needs and aspirations of all Nigerians and that we create a digital economy that works for everyone,” Olajide added.

The National Digital Economy and e-Governance Bill seeks to establish a regulatory framework for the digital economy, promote digital literacy and skills development, enhance cybersecurity, and encourage innovation and entrepreneurship.

The lawmaker, who noted that with the first reading, the bill would still go through scrutiny and debate before its passage into law, urged industry stakeholders to support the initiative, describing it as a significant step towards unlocking Nigeria’s digital potential.


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