In Nigeria, women’s labour participation has begun to pick up in recent years after many years of stagnation. However, women’s entry point into labour has been mainly through the informal sector or at the bottom pyramid of the formal labour market. Promoting women’s inclusion in the top echelon of the labour market remains a knotty policy issue. This has become more important with the Nigerian government increasing priority around MSMEs as a tool for poverty alleviation and economic development.
June 15, 2023
Women’s Participation in MSME in Nigeria: Prospects, Challenges, and Policy Recommendations
This Paper examines the response of the Nigerian government to the ongoing recession in the domestic economy, particularly in the context of the recently released Economic Recovery and Growth Plan (ERGP) for 2017-2020. It also provides an analysis of key questions regarding the suitability, achievability, and prospect of the ERGP. The second section of the brief runs through the state of the Nigerian economy with a focus on the cause and drivers of the ongoing recession. The third section reviews the objectives, implementation strategy, and expected outcomes of the ERGP over the medium-term. The fourth section weighs on the potentials of the ERGP by analyzing some pertinent questions: Is the proposed recovery plan and policies well-targeted to address prevailing economic crises in Nigerian economy?