MSMEs Analysis Report
DEANNG MSMEs
S/N
Size Category
Employment
1
Micro enterprises
Less than 10
2
Small enterprises
10 to 49
Assets (=N= Million)
(excl. land and buildings)
Less than 5
5 to less than 50
3
Medium enterprises
50 to 199
50 to less than 500
Source of Definitions:
•
Based on the SMEDAN National Policy on MSMEs definitions
•
•
Adopts dual-criteria class limits: employment and assets (excl. land and buildings)
It is possible under this criteria that a conflict of classification might arise. In such cases, the
employment based classifications takes precedence.
e.g. if an enterprise has assets worth seven million naira (N7 million) but only employs 6
persons, that enterprise shall be classified as micro.
nbs
NATIONAL BUREAU OF STATISTICSView entire presentation