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 34)

Recently released report by the National Bureau of Statistics shows that Nigeria recorded remarkable Year-on-Year (YoY) and Quarter-over-Quarter (QoQ) increase in capital importation. Total capital importation stood at $1,792.3 million in 2017Q2, representing 72 percent YoY and 97 percent QoQ growths respectively. Disaggregated data points to portfolio investment as the dominant type of investment imported, with a value of $770.5 million, 43 percent of total capital importation. The increase in capital importation was driven by 145 percent QoQ surge in portfolio investment and a remarkable increase in capital imported through shares.