Friday, May 9, 2025
The Witness Nigeria
No Result
View All Result
  • Home
  • News
    • International
    • Education
    • Health
    • Legislative
    • Judiciary
    • Security
    • Metro
    • Crime
  • Politics
  • Business
    • Economy
    • Labour
    • Oil & Gas
    • Agriculture
    • Aviation
    • Maritime
    • Banking
    • Energy
    • Communication
    • Technology
  • Special Reports
    • Anti-Corruption
    • Investigations
    • Interviews
    • Sponsored
  • Arts & Life
    • Art
    • Books
    • Fashion
    • Lifestyle
  • Entertainment
    • Movies
    • Music
    • Weekend Gist
  • Opinion
    • Editorial
    • Facts Check
    • Columns
  • Home
  • News
    • International
    • Education
    • Health
    • Legislative
    • Judiciary
    • Security
    • Metro
    • Crime
  • Politics
  • Business
    • Economy
    • Labour
    • Oil & Gas
    • Agriculture
    • Aviation
    • Maritime
    • Banking
    • Energy
    • Communication
    • Technology
  • Special Reports
    • Anti-Corruption
    • Investigations
    • Interviews
    • Sponsored
  • Arts & Life
    • Art
    • Books
    • Fashion
    • Lifestyle
  • Entertainment
    • Movies
    • Music
    • Weekend Gist
  • Opinion
    • Editorial
    • Facts Check
    • Columns
No Result
View All Result
The Witness Nigeria
No Result
View All Result
Home Business

Digital transformation: NITDA engages stakeholders for effective startup act implementation

by Godwin Onoh
August 2, 2023
in Business
NITDA hosts Digital Nigeria Hackathon 2023

Kashifu Inuwa, NITDA boss

8
VIEWS
Share on WhatappShare on FacebookShare on Twitter

The National Information Technology Development Agency (NITDA) has engaged relevant stakeholders within the tech ecosystem in a Digital Policy Dialogue with the intent of harnessing ideas for the effective implementation of the Nigeria Startup Act (NSA).

This is part of its continued effort at revitalising the nation’s startup ecosystem towards the sustainability of a digitally transformed nation.

The Digital Policy Dialogue session, which was held last week Thursday at the Lagos Continental Hotel, Victoria Island, Lagos is aimed at creating a platform where inclusive and valuable insights are gathered from stakeholders to create a practical framework that will promote innovation, entrepreneurship and sustainable economic growth within the Nigerian Startup ecosystem.

The dialogue session which was organised by the GIZ/Digital Transformation Center Nigeria was designed to enhance policy implementation capacities in the digital innovation ecosystem, enhance stakeholder collaboration from various sectors, create an inclusive policy implementation framework as well as promote innovation and economic growth.

Speaking on the effect of NSA on Digital Transformation in Nigeria while delivering the closing remark, the Director General of NITDA, Kashifu Inuwa CCIE gave an overview of the NSA and its benefit as well as opportunities it will provide to the Nigerian youths and the nation as a whole.

The DG who was represented by his Special Adviser on Digital Transformation, Dr. Aminu Lawal, stated that the NSA was passed in October 2022 to create a more favourable environment for Startups in Nigeria.

“The Act provides for several benefits for Startups including Tax incentives, access to seed funds, grants and loans, protection of intellectual property, talent development and capacity building and, regulatory support among others”, he noted.

While lauding the enactment of the Act as a step towards the right direction for the nation’s startup ecosystem, Inuwa further stated that the Act would increase visibility for Nigerian startups which would consequently attract both foreign and domestic investment, create jobs and boost innovation.

He mentioned that the NSA would have a significant impact on People, Processes and Technology which are the three pillars of digital transformation.

Buttressing his point with more holistic insights on NSA’s impact on people, Inuwa disclosed that training and mentorship provided by the Act would enable the required skills and knowledge needed to succeed in the digital age. He added that “this will help to create a more skilled workforce in the digital sector and boost the digital economy”.

Enumerating further on the Act’s impact on Processes, he said that “the Act’s provisions for support and access to funds would help startups to develop and deliver digital services that will digitise the processes of their customers from different sectors”.

Speaking on the last pillar, Technology, the NITDA boss stated that the Act would lead to the exploration of emerging technologies in developing solutions that will attract investment in digital solutions.

He further opined that the Act would increase access to data, improve collaboration between startups and the government, and also, improve access to digital services.

While pledging to work with relevant stakeholders across all sectors of the economy to make startup support services available as well as increasing all indices necessary for the development of more market-creating innovative-driven enterprises, Inuwa urged all stakeholders to take the implementation of the NSA as a collective responsibility.

“To make the most out of the provisions of the Startup Act, we are committed to strengthening collaboration with public sector stakeholders and entrepreneurs to proactively, anticipate disruptive innovations and their implications, build capacity and a conducive environment to unlock their potential and recognize new niches for industries. This way, stakeholders will invest in our creative entrepreneurial population, while also building bridges towards achieving sustainable and inclusive growth”, he concluded.

Tags: Kashifu Inuwa AbdullahiNigeria digital startup actNITDA

Related Posts

Sanwo-Olu, Lawal, others praise Keystone Bank’s strides at customers' appreciation dinner
Business

Sanwo-Olu, Lawal praise Keystone Bank’s strides at customers’ appreciation dinner

December 17, 2024
Food prices surge as Nigeria’s inflation rises to 34.6%
Business

Food prices surge as Nigeria’s inflation rises to 34.6%

December 17, 2024
Cash rain for Glo Lucky Number game winners
Business

Cash rain for Glo Lucky Number game winners

December 12, 2024
Zenith Bank emerges Nigerian 'Bank of the Year' at UK’s Banker awards
Banking

Zenith Bank emerges Nigeria’s best bank at UK’s Banker awards

December 5, 2024
NGX sanctions Sterling, VFD Group, Oando, 14 others
Banking

NGX sanctions Sterling, VFD Group, Oando, 14 others

December 5, 2024
How not to mismanage the reputation of a good brand, By Louis Ibe
Banking

How not to mismanage the reputation of a good brand, By Louis Ibe

December 4, 2024
Next Post
NITDA DG lays emphasis on importance of digital innovation in Africa

NITDA DG lays emphasis on importance of digital innovation in Africa

Please login to join discussion

 

JHU AD  x

 

 

UBA

The witness

The Witness Newspaper is a credible Nigerian media organisation in both tabloid and online format with the mission of bringing its readers accurate and reliable information without bias, about happenings within the nation and abroad.

Categories

  • Aviation
  • Banking
  • Business
  • Crime
  • Economy
  • Education
  • Energy
  • Entertainment
  • Health
  • Inside Nigeria
  • International
  • Investigations
  • Judiciary
  • Lifestyle
  • Metro
  • Music
  • National
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Security
  • Southern Witness
  • Special Features
  • Sport
  • World

Recent Posts

  • Yuletide: FG declares Dec 25, 26, Jan 1 as public holidays
  • BREAKING: Many feared dead in Abuja stampede
  • Many die in stampede during Earnest Azudialo-Obiejesi food distribution in Anambra
  • BREAKING: Court grants Dele Farotimi bail in ‘defamation’ case
  • Raining curses on someone online is criminal offence – Police
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions

The Witness Nigeria © 2017 - 2024.

No Result
View All Result
  • Home
  • News
    • International
    • Education
    • Health
    • Legislative
    • Judiciary
    • Security
    • Metro
    • Crime
  • Politics
  • Business
    • Economy
    • Labour
    • Oil & Gas
    • Agriculture
    • Aviation
    • Maritime
    • Banking
    • Energy
    • Communication
    • Technology
  • Special Reports
    • Anti-Corruption
    • Investigations
    • Interviews
    • Sponsored
  • Arts & Life
    • Art
    • Books
    • Fashion
    • Lifestyle
  • Entertainment
    • Movies
    • Music
    • Weekend Gist
  • Opinion
    • Editorial
    • Facts Check
    • Columns

The Witness Nigeria © 2017 - 2024.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.