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, TET Fund, 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.
The National Digital Economy and e-Governance Bill is before the parliament.
The two Committees of the National Assembly on the subject matter jointly hosted the 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 federal government and other leading actors in the sector say the proposed law is long overdue to fully harness the potential inherent in the sector.
