CBi Nigeria to host MSME Training on the CAMA Act 2020 and its Requirements for Businesses

Wednesday,
26 August 2020 / 04:00PM / CBi Nigeria / Header Image Credit: CBi Nigeria

To Register for this
training, Click

Micro, Small & Medium
Enterprises (MSMEs) are crucial and known contributors to employment, economic
and export growth of nations. In Nigeria, MSMEs contribute 48% of national GDP,
account for 96% of the private sector and 84% of national employment. However,
the novel COVID-19 pandemic, which has ravaged the entire globe, has negatively
impacted businesses all over the world, especially MSMEs.

According to a new survey done
by FATE Foundation and dubbed “The impact of COVID-19 on Nigeria MSMEs”, 3 out
of every 10 Micro, Small and Medium Enterprises (MSMEs) operating in Nigeria
will not survive through the coronavirus pandemic; this survey showcased how
bad businesses in the segments have been negatively affected since the outbreak
started.

It has become
imperative that MSMEs need to have strategies, relevant and practical
information/tools as well as new skills to stay afloat, survive, thrive and
navigate through these stormy times. We believe that businesses should be
abreast of relevant regulations and laws that are operational within their
territory of operations to enable them comply with all relevant laws. Also, the
new CAMA now has business friendly provisions that will benefit MSME at this
period and post â€“ Covid-19.

The Convention on Business Integrity under its Project has therefore put
together this free training to educate and highlight participants
about the requirements of the new CAMA Act 2020 for different types of
businesses to enable them to comply with the regulation.

Confirmed
facilitators for the training include:

Soji Apampa, CEO,
The Convention on Business Integrity/ Integrity organisation

Muda Yusuf, Director
General- Lagos State Chamber of Commerce and Industry

Tomilola Tobun, Intermediate Associate- Perchstone & Graeys

Expected participants at the
training which is scheduled to hold on Thursday, September 3^rd,
2020 from 11:00am include micro, small and medium enterprises
across the nation, some of which have already subscribed to our MSMEStandards
platform as well as other interested businesses that seek to comply with all
relevant regulations in the country.

To Register for this training,
kindly click

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