My Authors
Read all threads
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.
We have heard some of the challenges that MSMEs experience and I assure you that we will take great pains to ensure that all issues affecting MSMEs including "overzealousness" of govt. officials, are addressed comprehensively in order to foster growth & deepen economic inclusion.
We will also strive to ensure that MSMEs stay informed of how Federal Government agencies can play an enabling role in advancing their businesses. A few of those ways are listed below.
I am once again impressed by the entrepreneurial spirit of the Nigerian people. I saw first hand the quality of the amazing products of the MSMEs in Ebonyi State. I have no doubt your businesses will all prosper.
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Prof Yemi Osinbajo

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!