President Muhammadu Buhari has approved free registration of business names for 250,000 MSMEs nationwide by the Corporate Affairs Commission(CAC). This is part of the government’s support to MSMEs.
The registration include 7,906 free registrations in FCT; 9,084 in Lagos; 8,406 in Kano, and 6,606 free business names in each of the remaining 34 states.
As part of the Economic Sustainability Plan,the President has also approved the payment of N30,000 one-time grant to 330,000 artisans nationwide. The Presidency says Payment is now in progress. The payments are being made to verified beneficiaries of the #SurvivalFundNG’s Artisan Support Scheme.