MSMEs Analysis Report

OVERVEWOFFINDINGS-TRENDS 20.0% 10.0% Growth: 2013 to 2017 0.0% -10.0% -20.0% -30.0% -40.0% -50.0% -60.0% -70.0% Total MSMEs Micro Small Medium Highest Gaining - States (SMEs): • Kwara (526.5%) . Nasarawa (132.5%) Jigawa (116%) Key growth trends: • . • Micro enterprises, being 99% of MSMEs drives the trend for the entire category Compared with 2013, both Total MSMEs and Micro enterprises grew by 12.1% Small enterprises, grew 4.6% from 2013 The number of medium-sized enterprises decreased significantly from 4,670 in 2013 to 1,793 in 2017 (61% drop) Biggest Decline- States (SMEs): Kano (-70.5%) · Rivers (-45.1%) . Plateau (-27.8%) nbs NATIONAL BUREAU OF STATISTICS

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