The Federal Government of Nigeria on Monday slashed the price of business registration for Small and Micro, Medium Enterprises (MSME) by 50% discount for another three months.
Recall that the price has been slashed for two consecutive times and this will be the third time.
The Vice President of Nigeria, Professor Yemi Osanbajo announced the slash during the first quarter of MSMEs stakeholders’ meeting at the Presidential Villa, Aso Rock, Abuja.
He explained that the Federal Government was motivated by the huge success the company registration experienced during the last two discounts.
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It was reported by the Corporate Affairs Commission that small business registration grew from “54,000 to 163,000 within six months” of the discount season.
The price of business name registration will now be N5,000 for MSMES instead of the regular N10,000 which the CAC registers business name.
So, this is another opportunity for you to register that your small business. You missed it last two times, don’t miss it this time.
If you have not started any business, you need to start one now and get this discount to your advantage.
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