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Mr Tinubu, majority of 40m MSMEs are on life support
In 2022, MSMEs contributed 48 percent to Nigeria’s gross domestic product (GDP), accounted for 96 percent of businesses and 84 percent of employment.
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How fuel scarcity, rising inflation is affecting SMEs
“Whether you make sales or not, you will pay money daily for electricity,” a trader told Dataphyte, revealing that he and his boss (the owner of the business), depending on the business thriving and a lower cost of running the business to live daily.
How Dikko Umaru Radda-led SMEDAN disbursed ₦1.3bn to 33 unverified contractors
SMEDAN disbursed over ₦2.47 billion in questionable transactions Q1 2020; topping it off by engaging 33 unverified contractors, contravening open contracting guidelines and financial regulations.