The National Digital Economy and E-Governance Bill, 2024 (the “Bill”) is a major step toward building a stronger and more unified digital economy in Nigeria. The Bill was developed by the Federal Ministry of Communications, Innovation, and Digital Economy (FMoCIDE) to provide clear legal backing for digital transactions, electronic signatures, and e-governance. In simple terms, the Bill is designed to help Nigeria transition more rapidly toward digital systems for business and governance, making processes faster, safer, and more efficient.
The Bill was introduced in the Senate in July 2024 as Bill No. SB. 498. It has already passed its first reading and is currently undergoing further discussions and committee review. Lawmakers are expected to pass it before the end of the current legislative session. Although it is often referred to as the “2025 Bill” due to the ongoing deliberations this year, its official title remains the National Digital Economy and E-Governance Bill, 2024 (Draft).