Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, in a statement, said the gesture was spurred by the successes recorded in the first 50 per cent discount window.
The vice president also directed the Standard Organisation of Nigeria and National Agency for Food and Drug Administration and Control to harmonise issues relating to overlapping responsibilities for product registration. Osinbajo urged regulators in the MSMEs sector to leverage technology to help build capacity for owners of small enterprises as well as broaden the impact of their interventions.
The report also indicated that business registration increased from 54,000 to 163,000 within six months of introducing the special window for subsidised registration costs.
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