NITDA’s N12bn Project Will  Enhance  Start-Up Act Implementation – FG

The Federal Government said the N12 billion project of the National Information Technology Development Agency (NITDA) would boost the implementation of the Nigerian Start-Up Act 2022 (NSA).
Minister of Communications and Digital Economy, Prof Isa Pantami, said this at the inspection of the ongoing Digital Innovation and Entrepreneurship Centre implemented by NITDA in Abuja recently.
The projects were two buildings inter-connected, one of which would serve as the actual Digital Innovation Entrepreneurship Centre and the second as NITDA headquarters.
Pantami said it is the responsibility of government executives to ensure that any approval by FEC under their supervision is implemented according to the agreement.
“When it comes to capacity, the rooms, the offices, the training centres, all these are in alignment with what the FEC approved twice on November 11, 2020 and April 5, 2021.
“There are several ways our citizens are going to benefit. We have the NSA 2022, an Executive Bill by this administration”, he said.
Pantami added that the building would further consolidate on economic diversification, for which the sector already laid the foundation of contributing 18.44 per cent to the Gross Domestic Product of the country.
The Minister said the project was approved and projected to be completed in 36 months from the date of approval in November 2020.
Pantami also  said N9.56 billion was approved on November 11, 2020, with VAT and other taxes included.