CAC and SMEDAN to Boost Nigerian Economy
The Corporate Affairs Commission (CAC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) are set to inject N6 billion into the Nigerian economy through free registration of youth businesses.
A joint initiative, launched a few weeks ago, aims to register 250,000 youth-led businesses, create thousands of jobs, and help young entrepreneurs formalize and grow their ventures.
Registrar-General of CAC, Hussaini Ishaq Magaji, SAN, highlighted the economic impact while receiving members of the Association of Northern Nigerian Students (ANNS) in Kaduna.
The program targets youths in content creation and other small enterprises, helping them contribute to economic growth.
Author's summary: CAC and SMEDAN collaborate to boost economy.
- N6 billion to be injected into the Nigerian economy
- 250,000 youth-led businesses to be registered
- Thousands of jobs to be created