On October 19, 2022, the Nigerian President, Muhammadu Buhari signed the Nigerian Startup bill into law. The Startup Act is seen as a welcome development within the technology scene in Nigeria. The Act applies to all companies incorporated under the Companies and Allied Matters Act and granted the startup label and organizations and establishments, whose activities affect the creation, support, and incubation of labelled startups in Nigeria.

In this article, we shall be taking a look at some of the major provisions of the act

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