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The Economy & You

The Economy and You ( Otunba Bimbo Ashiru )

Thu 25th May 2017

According to the International Monetary Fund (IMF), Africa has over the past decade, become theworld’s most exciting economic frontier, transforming and offering hope for gainful entrepreneurship. Africa grew despite the global recession and it shows no signs of abating. The continent is on course to achieve economic growth of around 4.5% this year, a rate higher than predicted for themature economies of the world. This shows that there is something unique about what is happening on the continent now. With the predominant contribution of MSMEs to theeconomic growth of any nation, it is important for economists and policy makers to identify measures that can help small businesses grow into large enterprises. Hence, the government, the financial sector, the non- governmental and other relevant stakeholders need to play a role in thedevelopment of SMEs in Nigeria. In this episode, the Ogun State Commissioner for Commerce & Industries, Otunba Bimbo Ashiru, will be discussing the specific policies that is enabling the SMEs to develop particularly, in Ogun State.


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