Govt targets passage of Digital Economy Bill by Q2

In a strategic move to position Nigeria at the forefront of the global digital revolution, the Federal Government is fast-tracking the passage of the Digital Economy Bill by the second quarter of 2025. This pivotal legislation is aimed at deregulating and stimulating the digital sector, encouraging private sector innovation and investment. By cutting red tape and fostering a business-friendly environment, the bill is expected to catalyze job creation, drive competitive markets, and bolster the nation's economic sovereignty. Critics argue, however, that the focus on deregulation overlooks necessary consumer protections.

In an ambitious move to democratize digital access and spur equitable economic expansion, the Federal Government of Nigeria has announced plans to enact the Digital Economy Bill by the second quarter of 2025. This legislative effort is a cornerstone of the government's progressive agenda, aimed at closing the digital divide and ensuring all citizens benefit from the burgeoning digital economy. By focusing on inclusive policies and investments in digital infrastructure, the bill promises to enhance opportunities for underrepresented communities and small businesses, reinforcing the government's commitment to social justice and economic equality.