- July 24, 2017
- Posted by: admin
- Category: News & Events
The Standards Organisation of Nigeria (SON), NAFDAC, Corporate Affairs Commission and the Bank of Industry (BOI) among other agencies are key to the effective implementation of the Executive Order on the Ease of Doing Business in Nigeria.The Acting President, Professor Yemi Osinbajo stated this at the mega Nationwide Micro, Small and Medium Enterprises (MSMEs) clinic held at the Eagle Square Abuja last week.According to him, the agencies are a major feature of the MSMEs clinic which is currently going round all the states of the Federation in a bid to interact with the operators and try to solve their problems.Prof. Osinbajo called on governments at the states and Federal levels to patronise made in Nigeria goods, stressing that the country has arrived at a stage where it needs to be self reliant. The only way this can be achieved, according to him, is when we patronize made in Nigeria goods and products.He reiterated Governments commitment to boosting the activities of MSMEs as the drivers of the Made in Nigeria revolution.While going through the exhibition stands at the event, where he came across young men and women producers and entrepreneurs creating products from what they have available, he said “the future of our Country is in the hands of small businesses doing great things”.The task for government, according to the Acting President is to play its role of creating the enabling environment by developing and funding MSMEs through the intervention of relevant government agencies. He stated that government is taking the agencies to the MSMEs instead of the other way round so as to know their problems and help proffer practicable solutions to them.Prof. Osinbajo stated that there has been tremendous improvement to that effect on how the agencies have been helping MSMEs find their feet.Speaking further, the Acting President reiterated that two executive orders recently signed for the Ease of Doing Business and Local Content.were to ensure that this is carried out seamlessly to accentuate governments resolve in boosting the nation’s economy through small businesses,Accordingly, he said, the Executive Order for the Ease of Doing Business has ensured that registration turnaround time with SON, NAFDAC and CAC has been greatly abridged and administrative costs subsidized by up to 50%. The Executive Order for Local Content has also specified that States and the Federal Government patronize made in Nigeria goods and products, “To underscore this, the Nigerian Armed Forces are already in the forefront of patronizing made in Nigeria boots and fatigues” he said.Prof. Osinbajo further revealed that One Stop Shops of all relevant agencies will be set-up in all the states of the Federation to bring government intervention closer to those that need it the most. This he said, is in consonance with the Federal Government’s determination of discovering the SME’s, knowing their needs and proferring solutions.
PICTURES – Stakeholders making enquiries at SON Exhibition Stands at the MSMEs Clinic, Eagle Square, Abuja