MSMEs contribute 50% to GDP - FG : vimarsana.com

MSMEs contribute 50% to GDP - FG


The Federal Government of Nigeria disclosed on Wednesday that the Micro, Small and Medium Entreprises (MSMEs) sector accounts for about 76% of the nation’s labour force and contributes about 50% to the Gross Domestic Product (GDP).
This was disclosed by the Minister of State for Industry, Trade and Investment, Amb. Mariam Yalwaji Katagum at the maiden edition of the National Micro, Small and Medium Enterprises Discourse (MSMEs) with the theme “Little beginnings; Huge Impact” as part of the activities lined up for the celebration of the National MSME Week in Abuja.
“In Nigeria, a recent survey revealed that the MSMEs sector accounts for about 76% of the nation’s labour force and contributes about 50% to the Gross Domestic Product (GDP),” she said.

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