Nigeria: Thumbs Up - Lifeline for MSMEs

16 April 2018

Micro, small and medium scale enterprises (MSMEs) play a major role in most economies, particularly in developing countries.

In fact, MSMEs are recognised globally as the nucleus of sustainable growth, job creation and poverty reduction. They contribute up to 45 per cent of total employment and up to 33 per cent of national income (GDP) in emerging economies, according to a report by the World Bank.

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