Nigeria Startup Act, 2022
The Startup Act creates a startup label for eligible Nigerian technology companies. It provides for funding support, regulatory access and an Industrial Training Fund exemption where in-house training is provided. Tax benefits must be read with the 2025 tax reforms. Programme availability and application requirements depend on the implementing bodies.
Rights & opportunities
9 explained- An official startup label, valid for 10 years
- Six months of "pre-label" status for sole traders and partnerships
- No Industrial Training Fund contributions if you train staff yourself