MSMEs account for 96% of Nigerian businesses, contribute 48% to GDP, says minister

KEY POINTS MAIN STORY Micro, Small and Medium Enterprises (MSMEs) account for 96 per cent of businesses in Nigeria and contribute 48 per cent to the country’s Gross Domestic Product (GDP), Minister of State for Industry, John Owan-Enoh, has said. The minister also said the sector provides 87 per cent of employment, describing small businesses … Continue reading MSMEs account for 96% of Nigerian businesses, contribute 48% to GDP, says minister