A new bill from Nigeria’s tech regulator is alarming startup founders

Nigeria’s sudden bans on cryptocurrency trading and Twitter have already put some startups on alert this year, but a bill to reform the country’s technology regulator is sparking fears of a community concussion.

The 26-page draft document (pdf) seeks to amend a 2007 law, in order to address opportunities and threats posed by recent digital technologies. “The kind of information we store on our phones and other technological gadgets make the human brain susceptible to the possibility of being hacked,” Kashifu Abdullahi, the regulator’s chief, told legislators in March.

Seemingly innocuous at the time, Abdullahi’s statement now feels ominous after details of the bill became public this week. Startup founders, venture capitalists, and policy analysts fear the bill will stifle innovation, if it is enacted.

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Originally published on Quartz : Original article

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