Business News of Saturday, 16 May 2020
Source: www.mynigeria.com
The Federal Government has promised to help businesses grow despite the adverse effects of coronavirus to the economy.
This promise was reiterated by Vice President, Yemi Osinbajo in a tweet.
He used that avenue to introduce the NAFDAC's Automated Product Administration and Monitory systems where MSMEs can now register and certify their products at an 80% discount rate for the period of 6 months.
He also included other measures introduced by the Government to counter coronavirus effects on the economy like zero tariffs for first 200 people to register on the platform and a waiver of late admin charges.
As businesses confront the disruptions caused by the Coronavirus, the Federal Government will continue to adopt and implement practical measures to ensure projected growth is not affected by the COVID19 disruptions. pic.twitter.com/LdpYL7bPZd
— Prof Yemi Osinbajo (@ProfOsinbajo) May 16, 2020