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Following the ongoing lockdown, Lagos State Government on Friday has rolled out what it called ‘Register-to-open’ guidelines for businesses as it prepares for the opening of the economy.
Under the four-page Register-to-Open guidelines, the state government is offering incentives which the governor said will affect its Internally Generated Revenue . In addition to granting a three-month moratorium to MSMEs that applied for loan facilities at the Lagos State Employment Trust Funds , the government has also started to compile data of registered MSMEs in the state for operational support that would cushion the effect of economic slowdown on their businesses.
“We have had weeks of engagement with players in the fast-moving consumer goods sector and part of the measures we are taking is that we are giving them additional clearance to work for longer hours.
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