Business Summit and Fair, physically challenged inclusive-An Advocacy, Advocating For Friendly And Enabling Environment For Doing Business In Nig.PC” Inclusive,
Held its fourth edition on 22nd Sept 2023 at Radisson Blu Ikeja GRA Lagos with the theme; msme–in-an-uncertain-economic-terrain/exploring options and way out
Supporting MSME sustainability in an uncertain economic terrain took a certain stage at the fourth edition of the Business Summit & Fair in Lagos.
Exploring options and ways out of economic uncertainty for Micro Small and Medium Enterprises (MSME) at the fourth edition of Business Summit & Fair in Lagos. with business agencies and stakeholders precise to to discuss, deliberate, and come up with suggestions, for small and medium enterprise development agencies of Nigeria and the National Agency for Food and Drug Administration and Control
L-R: Fred Anigbogu Managing Director / CEO Unique Venture Capital Management Limited, John Bamikole Chief Laboratory Technologist National Agency For Food and Drugs Administration And Control (NAFDAC), Omotola Oni CEO Oludehin Nigeria, Dr Bunmi Kola Dawodu Lagos State Manager Small & Medium Enterprises Development Agency Of Nigeria (SMEDAN), Chief Dr, Rotarian Kamlesh Jain, Senator Anthony Adefuye Patron of Business Summit & Fair, Beatrice Chinyere Nnanna Convener Business Summit & Fairs, Odume Festus Editorial / Project Director Financial Edge and Dr Emmanuel Ikechukwu Umeonyirioha, Oxford Lecturer facilitator, at the fourth edition of Business Summit & Fair in Lagos.
We understand that the federal government is concerned about the high level of employment in the country. That is also our concern and much more. The Beady’s Word Production is close to the top echelons of the Commerce hub of Nigeria, with our Business summit and fair an annual event where we hold consultations with the SMEs and analyze the yearnings and aspirations of these two extremes of our economic spectrum and found out that both are lamenting the unavailability of an adequate enabling and friendly environment for their businesses.
A conducive environment would include a free period of taxes, multiple taxation and business rates for at least one year, an electric generator to rent, a reduction in store rents for newcomers, and the like.
At our fourth edition at the last Business Summit held at Raddison Blu at Ikeja, stakeholders in the Nigerian business circles raised the fact that the entry points of business are too stiff and registration of companies, registration of products/services with NAFDAC being two expensive for each product and the renewal period of two years was a thing of concern during the event and other agencies of the government, comprehensive and effective security for the business premises, extra-judicial money extorted by the police from delivery vans, boys which were made known to be from mostly local government, cost of operating electric generators among other things.
Patron of the business summit and fair and APC Lagos east leader, Senator Anthony Adefuye, suggested mediating between Msme and the federal government to direct the plaintive fee for subsidizing the NAFDAC registration through smedan so people can do business with it easily, why everyone coursed to and there was a standing ovation for him.
The high level of unemployment could be drastically reduced if our governments at the three levels of federal, state, and local could generously pay attention to the aforementioned.