NAFDAC registration of MSMEs now discounted 80% for 6 months
Zero tariffs for first 200 businesses to register on the e-platform.
Prof Osinbajo has announced that there is a waiver on administrative charges

The Federal Government has issued a set of palliatives to help MSMEs wade through the current economic fallouts of the COVID-19 pandemic.
These palliatives will support MSMEs because the Federal Government has placed huge priority on small businesses.
Businesses across the world confront the disruptions caused by the coronavirus pandemic, the Federal Government will continue to adopt and implement practical measures to ensure that the projected growth in the MSMEs sector is not seriously affected by the development.
We are finding practical ways of not just giving succour and assistance to existing MSMEs but also ensuring that there is practical and active fillip to new MSMEs so that the growth of this sector is not discouraged by the current economic trauma.
During and after this pandemic the government of Nigeria and its regulatory agencies are prepared to back MSMEs and other businesses that are prepared for the innovative and interesting times that lie ahead of us.
Steps taken by the FG to protect private investments especially small businesses in the country and President Buhari had from the onset of the health cum economic crisis taken strategic decisions aimed at insulating businesses from imminent collapse
Just after the first index case of the disease was discovered in Nigeria and before the lockdowns began, Mr. President put together strategic teams to immediately determine the impact of the disruptions likely to be caused to the economy and what our immediate and medium to long term approach should be.
We have no excuse not to be one of the most productive and prolific economies in the world. Our hope is to achieve this aim in the incredible numbers of MSMEs that we have
The NAFDAC palliatives for MSMEs are thoughtful and strategic response to the devastation caused by the COVID-19 pandemic. This is why the e-registration assistance for MSMEs through the Automated Product Administration and Monitoring System (NAPAMS) is so timely.
These are all indicators of the new spirit of NAFDAC and foretaste of the support MSMEs stand to enjoy in wading through these trying times. But this is not a new undertaking for us. It is merely an extension or intensification of the Federal Government’s long-standing commitment to MSMEs.”
“All regulatory agencies involved in the MSMEs sector should improve on their service delivery and we expect to see from them in terms of innovation, adaptability in the next few months and through the challenges that we will be seeing in business environment”.
I am sure that NAFDAC, SMEDAN, BOI and all of our MDAs concerned with the MSMEs see this period as one when we must work with the MSMEs, identify with them, and must be quick on the job to ensure we are able to resolve all of the problems that they have.

The VP wey sabi

This is impressive

VP Osinbajo keeps making things happen while IPOB keeps wailing

wow! this is a great opportunities for new and existing MSMEs, thank to VP osinbajo and NAFDAC DG for this wonderful opportunity

This is highly commendable, it's a means of assisting small business owners in times like this.

We are getting better

Wickedness! palliatives in form of loan. 5% interest from now to February next year. As an MSME, if am granted that loan, how do I make sales & pay back, when it already forecasted that economic activities for d remainder of d year will be @ its lowest, due to Coro virus

This is a very commendable step to take and its going to encourage new MSME's.

10billionDollar:
Wickedness! palliatives in form of loan. 5% interest from now to February next year. As an MSME, if am granted that loan, how do I make sales & pay back, when it already forecasted that economic activities for d remainder of d year will be @ its lowest, due to Coro virus

ok let them come and be giving you free food..and spoonfeeding you..your words are the same as the wicked servant in the parable of talents.

Nice one jare star boi