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Bullion

Keywords

Economic growth, Micro small and medium enterprises (MSMEs), Economy, Finance.

Abstract

Micro, small and medium enterprises (MSMEs) are the main engines of economic growth. The sub-sector constitutes on integral part of the economy, providing products and services to Nigeria's teeming population, yet they are grossly underfunded. The huge financing gap, which characterized the MSMES, inhibits their development, thus having a telling effect on the economy.

Author Bio

The author is the Head, National Collateral Registry.

Publication Title

CBN Bullion

Issue

2

Volume

40

Included in

Finance Commons

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