The Federal Government Free Registration of 250,000 Businesses – Apply Here

Overview

The Federal Government has approved the free registration of 250,000 Micro, Small and Medium Enterprises (MSMEs) with the Corporate Affairs Commission (CAC), in a major push to formalise businesses, deepen financial inclusion and strengthen Nigeria’s entrepreneurial ecosystem. This was announced by President Bola Tinubu during the 8th National MSME Awards 2026 held at the State House in Abuja, describing it as part of his administration’s commitment to supporting small businesses and creating an enabling environment for economic growth.

Eligibility

• Nano, micro and small businesses are all eligible to apply for the registration
• Nigerian citizens aged 18 to 50 years.
• Must possess a valid National Identification Number (NIN).
• Demonstrate a clear interest in business.

Benefits

•  Federal Government will bear all statutory registration fees,
• Giving them access to banking services,
• Government support programmes, investment opportunities and other business benefits
• FG to provide technical support for the 250,000 businesses Beyond the free registration exercise; beneficiaries will also receive technical training and business development support aimed at helping them build stronger and more sustainable enterprises.

Objectives

The programme is designed not only to increase the number of registered businesses in Nigeria but also to improve their long-term survival rate by equipping entrepreneurs with practical skills needed to grow and compete. The intervention forms part of broader efforts by the Federal Government to boost job creation, enhance productivity and expand opportunities for small businesses across the country, according to a report by MSME Africa.

How interested business owners can apply

Visit the Official SMEDAN Portal to Begin Application

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