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Investor Presentaiton

FSS 2020 INANCIA SYSTEM RATEGY FSS 2020 Introduction ā˜ SMEs are a very important part of the Nigerian economy. In countries at same levels of development with Nigeria, SMEs contribute a much higher proportion to GDP than currently observed in Nigeria Compared to other emerging markets, Nigeria has historically shown lack of commitment to building a strong SME sector; These economies have shown consistent commitment to the development of SMEs by implementing: access to finance and financial incentives, basic and technological infrastructure, adequate legal and regulatory framework, and a commitment to building domestic expertise and knowledge In light of recent events in the Nigerian macroeconomic environment, SMEs have compelling growth potential and like other emerging economies are likely to constitute a significant portion of GDP in the near future In this presentation, we will take a look at SMEs in Nigeria, some of the current challenges being faced and present a case for progress for SMEs in Nigeria 2 Banji Oyelaran-Oyeyinka
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