• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Entertainment Events

Lagos advances innovation bill to drive tech growth, inclusive prosperity

Peculiar Adirika by Peculiar Adirika
June 16, 2025
in Events
0 0
0
Lagos

Lagos State is advancing its Innovation Bill, a legal framework designed to boost science, technology, and innovation, ensuring inclusive growth and attracting investment

[dropcap]L[/dropcap]agos Tech Law development is moving forward as the Lagos State Ministry of Innovation, Science and Technology (MIST) recently held another strategic stakeholder engagement session on the Lagos Innovation Bill.

Also read: Origin Tech Group partners Lagos State on World Food Day to drive food security

This significant meeting, held at the Marriott Hotel in Ikeja, brought together a diverse group of key stakeholders from the technology and innovation ecosystem, marking a major step towards institutionalizing innovation governance in Nigeria’s commercial capital.

This event represents a continuation of a broader series of engagements hosted by the Ministry. Their goal is to collaboratively create the Innovation Bill, which aims to provide a comprehensive legal and regulatory framework.

This framework will power the development of science, technology, and innovation across Lagos. During this latest session, MIST presented a refined draft of the bill to key actors.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

This opened the floor for dialogue, critique, and suggestions. It forms part of an inclusive process designed to ensure the bill is not only fit for purpose but also owned by the community it intends to serve.

Commissioner for Innovation, Science and Technology, Mr. Olatunbosun Alake, delivered the keynote presentation. He provided both the historical and philosophical context for the bill.

Citing global case studies, including the evolution of Silicon Valley, he explained that Lagos must adopt a structured, intentional approach to innovation. This approach moves beyond mere pilot projects and scattered initiatives.

“If we are serious about building an innovation economy, then we must create systems that allow ideas to become inventions, inventions to become startups, and startups to scale into global businesses. That pipeline must be enabled by law,” Alake stated.

He added that this Lagos Innovation Bill builds on the Nigerian Startup Act. It seeks to additionally cover the full spectrum of the innovation pipeline, including universities and industries.

“This bill goes beyond startups,” Alake explained. “It covers knowledge institutions, research and development, digital infrastructure, innovation funding, and the legal frameworks to protect ideas and attract investment.

It is our attempt to design a Lagos specific framework that can scale innovation and institutionalise progress.” Alake also stressed that the proposed law is designed to catalyse inclusive growth.

It ensures innovation is not limited to elite enclaves or big tech companies. Instead, it aims to reach students, grassroots innovators, and underserved communities. “If innovation is to be meaningful, it must be democratised,” he said.

“That means providing access, funding, training, and regulatory support to everyone—from the university researcher in Epe to the agritech startup in Ikorodu. That’s what this bill aims to do.”

Earlier, the Permanent Secretary of the Lagos State Ministry of Innovation, Science and Technology, Engnr. Mrs. Ibilola Kasunmu, welcomed participants.

She emphasised the government’s commitment to participatory policy development. Mrs. Kasunmu urged stakeholders to provide specific, actionable input.

“This session is not just about telling you what the bill says. It is about asking you: does this work for your context? Will this structure enable innovation, or will it stifle it?” she said.

“We believe policy must be driven by those who live in the ecosystem. You are the people who understand the bottlenecks, the regulatory frictions, and the investment gaps. That’s why we are here—not just to talk, but to listen, learn, and improve.”

Mrs. Kasunmu noted that the Lagos Innovation Bill is envisioned as a foundational law. It will support the state’s ambition to become Africa’s undisputed innovation capital.

It complements the Nigeria Startup Act at the federal level, while specifically addressing the dynamics and needs of Lagos’ fast evolving tech and knowledge economy. Joel Ogunshola, a respected ecosystem leader and founder of Tech for Tech, delivered a goodwill message.

He praised the Ministry for its sustained engagement on the bill and described the initiative as “visionary and timely.”

“What Lagos is trying to do with this bill is not to reinvent the wheel,” Ogunshola said.

“Rather, it is to customise the wheel so that it actually works on our roads. This is not just a tech bill; it is an economic growth framework. It’s about unlocking prosperity, innovation, and talent at a scale we’ve never seen before.”

He highlighted the limitations of national policies, which often fail to reflect local realities. Ogunshola argued that sub national legislation is essential to bridge the gap between ambition and execution.

He added that the bill presents a critical opportunity to enshrine legal protections and incentives. These will support not just startups, but also researchers, capital providers, and innovation enablers.

Following the commissioner’s keynote, Mr. Alex Adedipe, a legal practitioner and adviser to the Ministry, guided stakeholders through the key sections of the draft bill.

The engagement then moved into breakout sessions. Attendees were divided into clusters. Each group analysed relevant sections of the bill and submitted feedback. This feedback was collated and then presented during the plenary session.

Closing the session, Engr. Ganiyu Oseni, the Special Adviser to the Governor on Broadband and Technology, expressed the State Government’s appreciation for the active participation and high quality feedback received.

He reiterated the State Government’s commitment to ensuring the final draft of the bill reflects the collective wisdom of the ecosystem.

Also read: Global recognition: Lagos leads as fastest-growing tech ecosystem in 2025

Oseni assured stakeholders that more engagements will follow as the bill moves closer to legislative approval.

Mist 41 of 3474 1 scaled

Mist 295 of 347 1 scaled

Mist 328 of 347 scaled

Mist 81 of 3471 scaled

Source: Read more at vanguardngr.com

Peculiar Adirika
Peculiar Adirika

Related Posts

Events

Adron Homes sponsors Ojude Oba, unveils plans to excite customers with massive prize slash

by Freelanews
June 13, 2024
Young Orators British High Commission
Events

Peat Philips Foundation presents 2025 Young Orators Champion to the British Deputy High Commission, Lagos

by Quadri Olaitan
May 9, 2025
Lagos Commissioner Award
Events

Lagos Commissioner Toke Benson-Awoyinka receives Best Commissioner Award

by Peculiar Adirika
May 22, 2025
Standout Summit Flier 1
Events

Standout Enterprise Festival and Digital Awards to hold Aug 29 (Poster)

by Freelanews
August 22, 2020
whatsapp image 2023 01 19 at 9.36.57 am
Events

BHLA to celebrate outstanding Africans as United States, Canada mark Black History Month

by Oreoluwa Ojelabi
January 19, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

WhatsApp Image 2026 04 18 at 7.30.25 AM

Itsekiri political unity coalition pushes strong 2027 strategy

April 18, 2026
IMG 20260417 WA0591

Adron Homes champions cultural heritage at Ibadan Cultural Festival 2026

April 17, 2026
WhatsApp Image 2026 04 17 at 6.59.31 PM

Speaker Obasa cites sports as a potent tool for instilling discipline, resilience in youth

April 17, 2026
Professor Y.K. Ajao performing Juju music live

Legendary Juju musician Professor Y.K. Ajao passes away

April 17, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
WhatsApp Image 2026 04 18 at 7.30.25 AM

Itsekiri political unity coalition pushes strong 2027 strategy

April 18, 2026
IMG 20260417 WA0591

Adron Homes champions cultural heritage at Ibadan Cultural Festival 2026

April 17, 2026
WhatsApp Image 2026 04 17 at 6.59.31 PM

Speaker Obasa cites sports as a potent tool for instilling discipline, resilience in youth

April 17, 2026
Professor Y.K. Ajao performing Juju music live

Legendary Juju musician Professor Y.K. Ajao passes away

April 17, 2026
April 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
2627282930 
« Mar    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Professor Y.K. Ajao performing Juju music live

    Legendary Juju musician Professor Y.K. Ajao passes away

    0 shares
    Share 0 Tweet 0
  • Nigerian Breweries highlights resilience, strong recovery as it approaches 80 years

    0 shares
    Share 0 Tweet 0
  • UK court jails Nigerian couple in shocking £433k tax fraud

    0 shares
    Share 0 Tweet 0
  • BBNaija Liquorose breaks internet with stunning photos ahead of ex’s wedding

    0 shares
    Share 0 Tweet 0

Just Published!

WhatsApp Image 2026 04 18 at 7.30.25 AM

Itsekiri political unity coalition pushes strong 2027 strategy

April 18, 2026
IMG 20260417 WA0591

Adron Homes champions cultural heritage at Ibadan Cultural Festival 2026

April 17, 2026
WhatsApp Image 2026 04 17 at 6.59.31 PM

Speaker Obasa cites sports as a potent tool for instilling discipline, resilience in youth

April 17, 2026
Professor Y.K. Ajao performing Juju music live

Legendary Juju musician Professor Y.K. Ajao passes away

April 17, 2026
Nigerian Breweries

Nigerian Breweries highlights resilience, strong recovery as it approaches 80 years

April 17, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.