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    Wale Edun Rallies Private Sector to Deliver ₦1.5 Trillion Highway Investments

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    President Tinubu Launches 2,000 Tractors For Mechanised Farming

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    Matawalle: Nigeria to Host West Africa’s International Centre for Electronic Navigational Charts

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    Wale Edun Welcomes Shell’s Renewed Commitment To Nigeria’s Energy Sector

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    Timipre Sylva Inaugurates the National Gas Expansion Programme, Committee

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    Wale Edun Rallies Private Sector to Deliver ₦1.5 Trillion Highway Investments

    Edun Delivers: FG Revenue Hits N6.9 Trillion in Four Months, Surges 40% Over 2024

    President Tinubu Launches 2,000 Tractors For Mechanised Farming

    President Tinubu Launches 2,000 Tractors For Mechanised Farming

    Matawalle: Nigeria to Host West Africa’s International Centre for Electronic Navigational Charts

    Matawalle: Nigeria to Host West Africa’s International Centre for Electronic Navigational Charts

    Edun Secures Private Sector Backing for Fuel Market Stability, Energy Transition

    Edun Secures Private Sector Backing for Fuel Market Stability, Energy Transition

    Matawalle, Reaffirms Defence Ministry’s Commitment to Security as FG Vows Justice for Benue Massacre

    Matawalle, Reaffirms Defence Ministry’s Commitment to Security as FG Vows Justice for Benue Massacre

    Wale Edun Welcomes Shell’s Renewed Commitment To Nigeria’s Energy Sector

    Wale Edun Welcomes Shell’s Renewed Commitment To Nigeria’s Energy Sector

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    Timipre Sylva Inaugurates the National Gas Expansion Programme, Committee

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    Putting Nigeria First: NASENI Leads the Charge for Made-in-Nigeria Patronage

    Putting Nigeria First: NASENI Leads the Charge for Made-in-Nigeria Patronage

    NASENI Excited Over President Tinubu’s “Nigeria First Policy”

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    Diary of a Naija Girl’s Ifedayo Agoro & Frank Itom Are Engaged!

    Diary of a Naija Girl’s Ifedayo Agoro & Frank Itom Are Engaged!

    At Avalanche Book Launch, Nigerians Call For More Resources On Mental Health And Trauma Management

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Home Business

Small businesses are Engine of Growth in Nigeria’s Economy – Osinbajo

Tunde Abiola by Tunde Abiola
March 6, 2020
in Business, local, News
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It is not mere rhetoric that small businesses are the engine of growth in Nigeria’s economy. The Federal Government recognises this and is committed to creating an environment for these businesses to thrive.

Nothing lends more credence to this than the Finance Act of 2020 that introduces a wide range of tax incentives for small businesses.

The MSME Clinics provide a two-way opportunity. The FG regulatory agencies share business procedures and requirements while MSMEs are also expected to use the opportunity to share challenges that they face and look for possible solutions alongside the regulatory agencies.

To additionally aid MSMEs, the Federal Government will invest in Shared Facilities. It is a facility that allows clusters of businesses come together to share expensive machines provided by the government.

These clusters will be pre-certified by relevant agencies and MSMEs who become members of the shared facilities won’t have to go through the process of registration again.

Tags: MSMEsOsinbajoSmall Business
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Wale Edun Rallies Private Sector to Deliver ₦1.5 Trillion Highway Investments

Edun Delivers: FG Revenue Hits N6.9 Trillion in Four Months, Surges 40% Over 2024

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