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Friday 03rd May 2024,
Hope for Nigeria

Nigeria’s Small Businesses Drive Economic Growth in 2014

 

Small Scale Enterprises (SSEs) currently have played and strive to perform substantial roles within the growth, development as well as industrialisation of numerous economies around the world. In Nigeria, the SSEs have got carried out below expectation because of a mixture of issues. This scenario continues to be of great problem towards the government, populace, practitioners, operators as well as the organised private industry groups.

Although the efforts of small businesses to growth usually are recognised, business owners encounter many challenges that limit their long-term survival as well as development. Study on small-business development indicates the percentage of failure within developing countries is greater than in the developed world.

 

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