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SMEDAN moves to ease registration of small businesses

08 October 2013, 13:02

Lagos - Akinsola Dawodu, Senior Enterprise Officer, Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), South-West zone says the agency will soon embark on another round of registration of small businesses.

Dawodu told the News Agency of Nigeria (NAN) in Lagos on Monday that the new scheme would be cheaper and faster for SMEs to register their businesses.

"SMEDAN has been going round the federation to ensure that this SME sector is fully developed. And in so doing we have partnered with so many government parastatal agencies and ministries of commerce.

"We want to make registration of business names and companies so easy that you can actually get it at a one-stop shop, because over time, we’ve discovered that it is too cumbersome.

"We have different people trying to play smart in that area.

"But what SMEDAN is trying to look at is to have a desk for each of our centres where we have CAC (Corporate Affairs Commission) members who will be in our offices, while SMEDAN will also replicate the same.

"Because of this affiliation, we have a kind of memorandum with CAC that says whatever is coming out from SMEDAN, when we are trying to package people like that to get their business names, will be done at the utmost best.

"At the cheapest rate, the standard rate that is approved, and it would be fast enough for people, so that people will avoid patronising touts.

"So SMEs are advised to come to SMEDAN, because we have legal officers, we have corporate units in our office, and they will take up that for them, and assist them with the registration’’.

He urged small and medium-scale enterprises to approach SMEDAN in order to fast-track the registration of their businesses, rather than patronise touts.

-  NAN

Tags cac smes smedan

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