In a bold move to empower small businesses, Kogi State Governor, Usman Ododo, has launched the distribution of 10,000 free Corporate Affairs Commission (CAC) registration certificates to unregistered Micro, Small, and Medium Enterprises (MSMEs). The initiative, announced at the 2025 Kogi State MSME & Financial Inclusion Conference, is designed to formalize businesses, enhance access to financial opportunities, and strengthen the state’s entrepreneurial landscape.
Speaking on behalf of the governor, Deputy Governor Salifu Oyibo emphasized that this initiative is part of a broader strategy to drive economic inclusion in Kogi State. He highlighted complementary programs such as the establishment of an MSME cooperative society, a talent hunt initiative, and the development of an MSME hub, all of which aim to provide small business owners with the necessary support to thrive in a competitive market.
Governor Ododo reaffirmed his administration’s dedication to fostering a business-friendly environment that allows small enterprises to flourish. He noted that by reducing barriers to formalization and financial access, Kogi State is positioning itself as a major contributor to Nigeria’s economic transformation. He further called on financial institutions, development agencies, and private sector players to collaborate in ensuring the sustainability and impact of these initiatives.
The Managing Director of the Kogi Enterprise Development Agency (KEDA), Mohammad Kadiri Okeji, underscored the importance of engaging industry leaders, policymakers, and banks in supporting small businesses. He stated that the agency’s role is to create opportunities for MSMEs, ensuring they receive the financial backing and technical support needed for long-term growth.
Also, Okeji announced that a comprehensive evaluation of the program will be conducted next year to assess its impact on job creation and economic growth. This assessment will guide future interventions and ensure that small businesses continue to receive the necessary financial and structural support, including access to low-interest startup capital from developmental banks.
