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Boosting MSMEs with one-stop shops


As part of the efforts to enhance the ease of doing business in the country, the Federal Government has commenced the opening of one-stop shops  for the registration and administration of Micro Small and Medium Enterprises (MSMEs) across the federation. The first of the shops, which opened in Plateau State earlier in the year, will soon be replicated in seven other states, until all the 36 states and the Federal Capital Territory (FCT), Abuja, are covered.

The initiative, which will make it possible for local entrepreneurs to interact with relevant regulatory agencies in one location, will also provide opportunities for them to update their knowledge on current practices in business. It should also ensure seamless collaboration of the agencies on improving the ease of doing business in the country.

Micro, Small and Medium Enterprises (MSMEs) are critical to the growth of any economy. It is well known that the giant economic leaps of economies like China, India and the…

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