The Minister of Communications, Innovation and Digital Economy, Bosun Tijani says Nigeria’s digital economy sector is projected to generate up to N18.3 billion by 2026.
This is as the House takes exception to the continued absence of the of the Executive Secretary, Tertiary Education Trust Fund, TETFund, Sonny Echono, and others at an investigative hearing on the agency’s activities.
Nigeria is one of the top two destinations for capital foreign direct investments to technology staff in Africa.
In 2023, it recorded about 2 billion dollars in FDI to tech startups
The digital economy has become a key driver of innovation and economic growth across countries.
Before the parliament is the National Digital Economy and e-Governance Bill and it is time to take input from the public.
The two Committees of the National Assembly on the subject matter jointly host this public hearing.
The Lawmakers say the bill is an attempt to put an omnibus legislation to cater to online activities.
The bill has the potential to transform the nation’s digital economy and position it for sustainable development in Nigeria.
The Nigerian government and other leading actors in the sector say the proposed law is long overdue to fully harness the potential inherent in the sector.
Away from digital economy, the Committee on Federal Character says the parliament will not condone flagrant disregard by Heads of agencies for its invitations to legislative tasks.
The legislators say heads of agencies, including TETFUND, ITF, National Sugar Development Council, have still refused to appear before the Committee.
