June 18, 2013

Job Creation In Nigeria: Challenges, Opportunities And The Role Of Micro, Small And Medium Enterpris

This
paper identifies the challenges of job creation in Nigeria and examines
governments approach using the Micro, Small and Medium Enterprises to support
Economic reforms.

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Delivered By:MUHAMMAD NADADA UMAR

Publication Date:December, 2011

Document Size:25pages


The issues of MSME development and job creation are key in the present administration?s economic development efforts. This is one way of delivering the dividends of democracy and thereby stemming the tide of restiveness and insecurity in the nation. In realizing this, the Government has been trying to establish structures to ensure that the business environment is conducive for the private sector to thrive and create jobs. Entrepreneurs/MSMEs must be encouraged to drive the process of job creation as they are known, all over the world, as aggregate generators of employment.




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Nigeria Economic Update (Issue 27)

The Naira strengthened against the dollar in the review week. Specifically, the Naira appreciated by 2.7 percent to N355/$ (parallel market rate) on June 17, 2016, following the release of the flexible FOREX policy guidelines by the CBN on June 15, 2016. The new policy effectively adopts a single market structure hosted at the autonomous/inter-bank market. The inter-bank trading scheduled to commence on June 20, 2016 will be market-determined, officially eliminating the N197/$ peg. To ensure foreign exchange liquidity, primary market dealers have been introduced while the CBN will participate in the market through periodic interventions.