Impact of the COVID-19 Pandemic on Nigerian MSMEs
External
August 25, 2020
FATE Foundation in partnership with BudgIt Nigeria designed and disseminated a survey to better understand the impact of the COVID-19 pandemic on Nigerian Micro, Small and Medium Enterprises (MSMEs)businesses in Nigeria with the goal of engaging relevant stakeholders within the entrepreneurship ecosystem around designing solutions and interventions to support Nigerian MSMEs during and post COVID-19. The survey was targeted at micro, small and medium businesses across the 36 states in Nigeria including the FCT.
Key recommendations on strategies to build and enable MSME resilience should include flexible financing programmes, virtual business support services, and non-financial support through regulatory reliefs and programmes which support vulnerable segments such as women and young entrepreneurs.
Download Here.
