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Nigeria should give more focus to MSMEs

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  • Yetunde Olasope, a Consultant, Lexworth Legal Partners observed  that the creation of incentives for micro small and medium enterprises (MSMEs) in state laws would strengthen the regulatory landscape and improve Lagos’ business environment.
  • The report brought out by the organization under the leadership of its author Olascope also revealed that there is a communication gap between MSMEs and agencies that are expected to provide support to them

 Yetunde Olasope, a Consultant, Lexworth Legal Partners observed  that the creation of incentives for micro small and medium enterprises (MSMEs) in state laws would strengthen the regulatory landscape and improve Lagos’ business environment. The report brought out by the organization under the leadership of its author Olascope also revealed that there is a communication gap between MSMEs and agencies that are expected to provide support to them.

The Office of Sustainable Development Goals and Investment (OSDG&I) did the presentation in partnership with Gesellschaft für Internationale Zusammenarbeit (GIZ) in Lagos. The report stressed  the urgent need for ministries, departments and agencies (MDAs) to improve their information dissemination to business owners, leveraging  technologies  to achieve the required level of reach.

The report suggested aggressive dissemination of information and awareness campaigns utilizing    databases  for development and policy direction.

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