There were over 41 million micro-enterprises in Nigeria in 2017, which represented over 99 percent of the micro. small, and medium-sized enterprises (MSMEs) in the country. Small and medium-sized enterprises, on the other hand, reached approximately 71,300 and 1,800, respectively. According to the source, most of these companies were located in Lagos.
Number of micro, small, and medium-sized enterprises (MSMEs) in Nigeria in 2017
The source adds the following information:
- The survey was conducted in all 36 states of the federation, including the Federal Capital Territory (FCT), Abuja. Both urban and rural enumeration areas (EAs) were covered.
- Micro Enterprises sample: 22,200 households, 600 households with enterprises interviewed per state, 15 households selected EA.
- Small & Medium Enterprises sample: 4,000 SMEs visited across all states, including FCT.
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NBS (Nigeria). (July 11, 2019). Number of micro, small, and medium-sized enterprises (MSMEs) in Nigeria in 2017 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1300426/micro-small-and-medium-enterprises-number-in-nigeria/
NBS (Nigeria). "Number of micro, small, and medium-sized enterprises (MSMEs) in Nigeria in 2017." Chart. July 11, 2019. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1300426/micro-small-and-medium-enterprises-number-in-nigeria/
NBS (Nigeria). (2019). Number of micro, small, and medium-sized enterprises (MSMEs) in Nigeria in 2017. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1300426/micro-small-and-medium-enterprises-number-in-nigeria/
NBS (Nigeria). "Number of Micro, Small, and Medium-sized Enterprises (Msmes) in Nigeria in 2017." Statista, Statista Inc., 11 Jul 2019, https://www.statista.com/statistics/1300426/micro-small-and-medium-enterprises-number-in-nigeria/
NBS (Nigeria), Number of micro, small, and medium-sized enterprises (MSMEs) in Nigeria in 2017 Statista, https://www.statista.com/statistics/1300426/micro-small-and-medium-enterprises-number-in-nigeria/ (last visited December 30, 2024)
Number of micro, small, and medium-sized enterprises (MSMEs) in Nigeria in 2017 [Graph], NBS (Nigeria), July 11, 2019. [Online]. Available: https://www.statista.com/statistics/1300426/micro-small-and-medium-enterprises-number-in-nigeria/
