President Buhari inaugurates Digital Innovation Council, NCDIE
The National Council on Digital Innovation Entrepreneurship (NCDIE) has been inaugurated by President Muhammadu Buhari.
The establishment of the council is based on the Nigeria Startup Act, 2022 (NSA, 2022), which got legal backing in December 2022.
Buhari is the chairman of the NCDIE while 13 other members include the Vice President; Ministers of Finance, Budget, and National Planning, Trade and Investment, Communications and Digital Economy, Governor of the central bank, among others.
The council is to promote the country’s development in the areas of digital economy and successful entrepreneurship.
The inauguration of the council by the president came before the Federal Executive Council Meeting on Wednesday.
While speaking at the inauguration, the president revealed the significance of the council in developing the economy and creating employment.
The president said he has the plans to ensure that the council consolidate on the gains recorded in the sector under his government.
The President said he expects that the NCDIE will oversee the implementation of the Nigeria Startup Act, which aims to stimulate the growth of innovative startups and Small and Medium-sized Enterprises (SMEs) in the country.
