As part of efforts to improve business conditions, expand sales, and lower operational costs for Small and Medium Enterprises (SMEs) in Nigeria, the Federal Government through the Small and Medium Enterprises Development Agency (SMEDAN) has offered a 15 per cent discount on logistics to help small businesses cut their transportation expenses.

This initiative, in partnership with the Nigerian Postal Service, aims to enhance business conditions, boost sales, and reduce operational costs.

The Director-General of SMEDAN, CHARLES ODII said this while signing a Memorandum of Understanding with the Postmaster General of NIPOST, TOLA ODEYEMI in Abuja.

ODII described the collaboration as a direct response to feedback from SMEs regarding the high cost of logistics and its negative impact on sales.

He added that the discount offer will commence on Monday, August 26, and will be available to SMEs registered with SMEDAN in two ways: online pickups and walk-ins.

On her part, the Postmaster General, said the partnership was long overdue and would contribute to the achievement of inclusive economic growth.

Through this partnership, both agencies will utilize their offices and stations nationwide to initiate, process, and fast-track deliveries, ensuring that small businesses can move goods to remote parts of the country efficiently, timely, and affordably.