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CAC registers over 500 new businesses in Ogun

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Consultant to the Governor on Commerce and Industry, Ms. Sola Arobieke, made this known during Ogun Day at the 2019 Lagos International Trade Fair. Photo: PIXABAY

About 553 businesses have been registered by the Corporate Affairs Commission (CAC) in Ogun State, at the first phase of the Micro, Small and Medium Enterprises (MSMEs) Business Clinic, held in the three Senatorial Districts.  

Consultant to the Governor on Commerce and Industry, Ms. Sola Arobieke, made this known during Ogun Day at the 2019 Lagos International Trade Fair.

Arobieke said the first Ogun State MSMEs Business Clinic, aside from recording the 553 registrations, also featured the opening of 2,067 business bank accounts to access loans at special rates.

She said the present administration understands the critical role MSMEs play in providing employment opportunities and Gross Domestic Product (GDP). The Consultant added that the need to enhance the competitiveness of MSMEs in the state made the Governor recently approve the establishment of the state’s Enterprise Development Agency.

Arobieke said the state Ministry of Commerce and Industry would continue to promote commerce, disclosing that the government, in partnership with Ogun State Council of Chamber of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) had concluded arrangements to hold the 2020 Ogun State Trade Fair.

The President, Lagos Chamber of Commerce and Industry, Mr. Babatunde Ruwase, who highlighted the state’s consistency at the Trade Fair, commended the Governor Dapo Abiodun-led administration for supporting the ease of doing business in the state, as well as its various initiatives, aimed at boosting businesses.


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