Abuja, Nigeria – E be like say Nigeria don finally open door wey plenty small business owners dey look for. The Corporate Affairs Commission (CAC) alongside Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) just launch new initiative wey go provide free business registration for 250,000 nano, micro, and small enterprises. This one no be small thing o, na to help entrepreneurs wey dey suffer under the burden of costs and wahala wey dey come with registration.
During the signing of Memorandum of Understanding (MoU) wey happen for Abuja, Charles Odii, SMEDAN Director General, talk say this new arrangement go cut the cost matter wey dey make many entrepreneurs remain for informal sector. As we sabi, many no fit japa enter formal sector because e dey cost plenty money and na only gods wey no get worries fit chop that level keep.
Charles also yarn say this programme go cover registration costs and allow beneficiaries enter SMEDAN database. This database no be ordinary database o, e dey gree people access grants, technical support, and market linkages. Imagine say you fit just waka go register your business, and as you dey chop palm wine, people dey come dey give you money for your business. Na that kind sweet life dem wan make happen!
Hussaini Ishaq Magaji, wey be Registrar-General of the CAC, talk say this initiative go help many small businesses finally see light. According to am, government don free ₦3 billion wey dem suppose use collect registration fees, abeg! Na serious understanding of how to follow this economy journey dey show here. By making registration free, dem dey open door for businesses make dem fit grow and grab better chances.
This free registration scheme align with the Federal Government’s Renewed Hope Agenda, wan make sure say dem strengthen Nigeria’s MSME ecosystem. Both agency heads even praise President Bola Ahmed Tinubu for him commitment to help small businesses flourish. Na so e be, we go make money wey no dey finish!
Meanwhile, no be only for CAC and SMEDAN matter wey dey happen for town. The NECA’s Network of Entrepreneurial Women (NNEW) dey also do plenty work for ground to help women entrepreneurship. Dem don train over 350 women and empower more than 1,000 businesses through mentorship and other supportive programmes. This one dey happen for their 20th Anniversary celebration, wey dem call ‘Evolve, Elevate and Celebrate.’ Dem dey talk say, despite progress, women still dey face barriers like access to credit and policies wey no gree support dem well well.
Bolanle Edwards, wey dey vice president for NNEW, talk say dem don set mentorship system wey dey connect new entrepreneurs with experienced ones, e no be small join hands wey dey build community among dem. “E dey important wey entrepreneurs go fit come together, share ideas and challenges. No be only money matter dey for business, na relationship matter join,” she talk.
As the event dey come up on 8th and 9th October for NECA House, Ikeja, dem go bring plenty big names to come yarn on how to improve women-led businesses.
So, for all those wey get small business wey dey as e be, no waste time, go register before dem finish. Take advantage of this opportunity to enter market and make your brand shine!
Do you have a news tip for NNN? Please email us at editor@nnn.ng
