The National Digital Economy and e-Governance Bill has successfully passed its first reading in the House of Representatives.

Sponsored by Adedeji Dhikrullahi Olajide, Chairman of the House Committee on Digital and Information Technology, the bill aims to establish a legal framework for developing and regulating Nigeria’s digital economy.

Olajide, who represents the Ibadan North-West/Ibadan South-West Federal Constituency of Oyo State, expressed his excitement over this milestone. He emphasized that the bill’s passage would significantly impact Nigeria’s economic growth and development.

“This bill is a crucial step towards harnessing the potential of our digital economy and positioning Nigeria as a key player in the global digital landscape,” Olajide stated.

He announced plans for a nationwide consultation process, engaging stakeholders, industry experts, and the public to gather input and feedback on the bill.

“This consultation process will ensure that the bill reflects the needs and aspirations of all Nigerians and that we create a digital economy that works for everyone,” Olajide added.

The National Digital Economy and e-Governance Bill seeks to establish a regulatory framework for the digital economy, promote digital literacy and skills development, enhance cybersecurity, and encourage innovation and entrepreneurship.

Olajide noted that, while the bill has passed its first reading, it will undergo further scrutiny and debate before becoming law. He urged industry stakeholders to support the initiative, describing it as a significant step towards unlocking Nigeria’s digital potential.