Wednesday, March 1, 2017

90 Days Approvals for Grant for Small Business, Says FG.


In a bid to boost the county's manufacturing sector, The FG Relevant Regulatory Agencies will approve Micro, Small and Medium-Scale Enterprises (MSMES) within a shorter time frame.
According to Ministry of Trade and Investment, Okechukwu Enelanmah while speaking to the State House Correspondents.



In his Words:

 “As you know, Aba is a place well known for its products, industry and entrepreneurship. It is a very good example of how a partnership can happen within the private sector and the govern­ment, between states and Federal Government and between funding agencies and enterprises.

“With specific reference to MSMEs, we have received com­mitments from some of our key agencies such as NAFDAC that they will do everything possible to give any approvals that they (MSMEs) need within 90 days, which, as you know, is quite am­bitious and is something that we welcome.
“We received similar assuranc­es from Standards Organisation of Nigeria that where they need to give certifications or set stan­dards or whatever approvals that MSMEs will need from them, that they will workwithin 60 days,” he said
Governor Ikpeazu added that “we have received additional ad­vice of what we need to do in Abia State to create the environment for Federal Government to step in to make us acquire equipment and machinery to drive the automation of our products, going forward.”
The National Micro Small and Medium Enterprises Clinics was launched in January by the Act­ing President, who had proceeded to Aba on the 26th where the first clinic was held.
The clinics will be run in 21 states across the six geopolitical zones of the country starting from the 26th of January and will con­tinue in other states to the 17th of December 2017.

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