The federal government has approved a 90-day special window to register businesses at a reduced rate of N5,000 only”, which was previously N10,000.
This announcement was made by Vice President Yemi Osinbajo. According to the VP, the move will further ease the process of registering MSMEs in Nigeria.
In his remark, the VP noted that the special window spans from October 1 to December 31, 2018.
In his words:
“I am pleased to announce that Federal Government, through the Corporate Affairs Commission(CAC) , has approved a special window of 90 days from Oct. 1 to Dec. 31 to register businesses at a considerably reduced rate of N5,000 only, down from as much as N10,000 previously.’’