In Investor News

Experts have called for the adoption of measures that will protect the Small and Medium Enterprises (SMEs) in Nigeria, and curb the escalating costs, supply chain disruptions, and tumbling aggregate demand in the economy.

They also advocated the application of the Local Content Act in all areas of the economy, to mitigate the impact of the coronavirus (COVID-19) pandemic, and save small businesses.

President, Lagos Chamber of Commerce and Industry (LCCI), Mrs Toki Mabogunje, who led the call at the 21st virtual Annual General meeting of the International Chamber of Commerce Nigeria (ICCN), stressed the need for the passaging of the Small Business Bill into law, saying it will lead to the development and sustenance of SMEs in the country.

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