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Showing posts from February, 2016

Why we need take SMEs more seriously in Nigeria

The Third National Development plan (1975-1980) defines a small business as a manufacturing or service organization whose employees are not more than 10. In all economies but more in developing and transitioning economies, there is now a consensus among state policy makers, development economists as well as international development partners that Small and Medium Enterprises (SMEs) are a potent driving force for their industrial growth and, indeed, overall economic development. Obewe Nwachinemere (CEO, Livingstone mega industries)