The Federal Government has opened applications for the free registration of 250,000 Micro, Small and Medium Enterprises under the Small and Medium Enterprises Development Agency of Nigeria-Corporate Affairs Commission formalisation programme.
The initiative, approved by President Bola Tinubu, is designed to remove the cost of business registration for eligible nano, micro and small businesses, enabling more entrepreneurs to join Nigeria’s formal economy.
Successful applicants will receive free Business Name registration through the Corporate Affairs Commission, with the Federal Government covering the statutory registration fees.
The programme was announced by the Presidency during the 8th National MSME Awards held at the State House, Abuja, on June 27.
Beyond free registration, beneficiaries will also receive technical training, business development support and access to opportunities aimed at improving business sustainability and growth.
