The Federal Government has opened applications for the free registration of 250,000 Micro, Small and Medium Enterprises (MSMEs) under a joint formalisation programme by the Small and Medium Enterprises Development Agency of Nigeria and the Corporate Affairs Commission.

The initiative, approved by Bola Ahmed Tinubu, is aimed at removing the cost of business registration for nano, micro and small businesses, allowing more entrepreneurs to operate within Nigeria’s formal economy.

Successful applicants will receive free Business Name registration through the Corporate Affairs Commission, with the government covering all statutory fees.

How to Apply

Follow these steps to apply:

Visit the official SMEDAN portal:

portal.smedan.gov.ng

Create an account using your personal details (name, email address, phone number and password).

Complete the MSME registration form with accurate business information.

When asked if your business already has a CAC registration number, select “No.”

Review your details carefully and submit your application.

Wait for confirmation from SMEDAN if your application is successful.

Who Can Benefit?

Nano, micro and small business owners across Nigeria

Entrepreneurs without existing CAC registration

Businesses already on SMEDAN database but not formally registered may also qualify automatically

Additional Benefits

Beyond free CAC registration, successful applicants will also receive:

Business training and capacity development.

Technical and advisory support

Access to funding and growth opportunities.