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NASME

NASME highlights looming crisis for MSMEs over escalating costs, others

NASME

The National Association of Small and Medium Enterprises (NASME) has decried the impact of rising operational costs and high interest rates on micro, small, and medium enterprises (MSMEs), describing the situation as toxic to business performance. Speaking to the newsmen in Oyo State, the state chairman of NASME, John Karunwi, attributed the sector’s struggles in […]

Suspend all policies impoverishing Nigerians, NASME begs FG

NASME

The National Association of Small and Medium Scale Enterprises (NASME) and financial experts have called on the Federal Government (FG) to suspend any new policy that may further impoverish Nigerians. The unanimous call was made by respondents in separate interviews in Ibadan on Tuesday. The interview focused on the need to stabilise the economy as […]

Manufacturers worst hit by impact of COVID-19, says NASME

The Nigerian Association of Small and Medium Enterprises (NASME), has said that the impact of the COVID-19 pandemic is greatly felt by the manufacturing sector due to the reliance on China and India for raw materials. According to the President, Chairman of Council, NASME, Degun Agboade, at a press conference to herald its 18th MSME […]

NASME lauds FG’s forex sale restriction

The Nigerian Association of Small and Medium Enterprises (NASME) has said that the Federal Government’s decision to restrict sales of foreign exchange at the official rate for food import is good for micro, small and medium enterprises (MSMEs) in the country. Chairman, NASME, Lagos State Chapter, Mr Solomon Aderoju, stated this in Lagos at a […]

NASME urges FG to review tax rates downwards

The Nigerian Association of Small and Medium Enterprises (NASME) has called on the federal government to review tax rates downwards, noting that Small and Medium Enterprises (SMEs) are still faced with myriad of challenges hindering the sub-sector’s potential to transform the nation’s economy.   The association, citing the Nigeria Bureau of Statistics (NBS), said there […]