SMEs In Nigeria: Legal Framework, Incentives And Restrains

According to the Financial System Strategy 2020 International Conference, “SMEs are a very important part of the Nigerian Economy”, In Nigeria, SMEs contribute 48% of national GDP, account for 96% of businesses and 84% of employment, 50% percent of industrial jobs and nearly 90% of the manufacturing sector, this figures is according to the Nigerian Bureau of Statistics.

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