Nigeria: There Is Need To Review The Mode Of Regulation Of SMEs – Osinbajo

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Vice President Yemi Osinbajo says there is need to review the mode of regulation of Small and Medium Enterprises (SMEs) to provide an enabling environment for businesses across the country.

Osinbajo expressed this view on Monday while performing the inauguration of the Abuja Chamber of Commerce and Industry (ACCI) Convention Centre.

He said that the Federal Government had incentivised small businesses by reducing taxes.

He also said that he think that one of the drawbacks that we have had in improving the business environment is really with respect to how we regulate small businesses.

He added that the Minister of FCT is actively working with the Presidential Enabling Business Environment Council and that the Minister of Industry, Trade and Investment have all been concerned about making this work.

The Vice President urged business operators to expose government officials who were making it difficult for people to do business.

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