Home Companies&Markets FG Blames Agencies For Frustrating Businesses In Nigeria

FG Blames Agencies For Frustrating Businesses In Nigeria

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ABUJA, JANUARY 25, 2017 – The federal government yesterday blamed its various agencies and parastatals responsible for facilitating the ease of doing business in the country for creating bottlenecks in doing business in the country.

Speaking at the official launching of Micro, Small and Medium Enterprises (MSME) at the Banquet Hall of presidential villa, Abuja, Acting President, Yemi Osinbajo lamented the challenges faced by SMEs owners in doing businesses in the country.

Accordingly, he called on them to change their attitude and see themselves as facilitators in SME growth in the country.

Osinbajo said, “Nigerians complain about how is practically difficult to get approval on practically everything when I toured the nation with the support of USAID. The whole idea was to support MSMEs and to find out what their problems were.

“But almost every stand I went to had complains about how it was so difficult to get approvals for practically anything. I was frankly taken back on that occasion because practically every point we went to had the same complaint. We also went to Kano on one of our social intervention programme and it was the same problem, same issues”.

The acting president noted that some small manufacturers even said they had to engage consultant‎s to take them through approval processes; yet, it still took over a year to get approval from some agencies.

Access Pensions, Future Shaping
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