The debate over whether the government is doing enough is complex because while initiatives like the Nigeria Startup Act show progress in policy design, the practical day-to-day reality for founders remains incredibly difficult. Beyond the obvious struggle for capital, many startups are stifled by erratic power supply, inconsistent regulatory enforcement, and a high cost of operations that forces them to look toward international markets just to survive. While the government has taken some positive steps to engage the ecosystem, the fundamental economic volatility and infrastructure gaps often outweigh these policy wins. Ultimately, sustainable growth will likely require moving past high-level announcements to focus on fixing the foundational business climate that makes scaling in Nigeria feel like an uphill battle. It is a balancing act between the potential of our massive talent pool and the systemic hurdles that still keep many of our best innovators searching for greener pastures.

The frustration among Nigerian founders is definitely warranted because while there have been some legislative wins like the Startup Act, the practical reality of operating remains incredibly difficult. The core issue is often less about the lack of interest and more about the crippling combination of infrastructure deficits, inconsistent foreign exchange policies, and a regulatory landscape that frequently shifts without warning. Many startups find themselves spending more time navigating bureaucratic hurdles or securing basic necessities like power and internet than actually focusing on product growth. While the government has made strides in recognizing the sector as a pillar of the economy, the current climate often forces innovators to look elsewhere just to ensure their businesses remain solvent. Ultimately, sustainable growth will likely remain elusive until the government moves beyond policy frameworks to actually stabilizing the macroeconomic environment that keeps these businesses running day-to-day.