MSME

About Us

The Micro, Small and Medium Enterprise (MSME) Project (2005-2011) is a pilot programme of the World Bank and the Government of Nigeria. It is being implemented by the Nigerian Investment Promotion Commission (NIPC) through a Project Management Unit (PMU) managed by Nathan Associates London Ltd. and Development Associates (DA).

The project was designed to improve performance and employment levels of MSMEs in selected non-oil sub-sectors within three States in Nigeria (Abia, Kaduna and Lagos), although some interventions extended to Cross River and Oyo States. The project aims to achieve increased private sector investment for MSME development by demonstrating how a combination of investment climate reforms, improved access to finance and business development services can transform the rate of growth of MSMEs in Nigeria. Read More
 
Projects
Results

Seven Microfinance Institutions are serving 1.1 million savers and about 110,000 borrowers with a weighted average PAR at 30 days of 2.4% and an average loan size of under 100,000 Naira.

Over 10,000 MSMEs have been served by Business Development Service Providers.

Introduction of new technological level for catfish in four states and launching of catfish veterinary training course.

Regulations have been issued by the Central Bank of Nigeria for registering privately owned credit bureaus - and two licensed credit bureaus are now functioning.

Four Value Chain Programs are been implemented - (i) Tourism (Cross River State),(ii) Palm-oil (Abia State), (iii) Rice (Kaduna State) and (iv) Catfish (Lagos, Oyo, Kaduna, Abia and Ogun States).

58 BDS Providers supported to offer customised services to small enterprises.

Business Registration process is being streamlined for better efficiency.

Improvement of Alternative Dispute Resolution (ADR) for commercial cases in focal states of Lagos, Abia and Kaduna. New Multidoor Courthouses created in Abia and Kaduna.

Institutional capacity of Implementing Agency being strengthened through periodic specialised training programs.
 

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News and Events

Rice, Tourism & Catfish Value Chain legacy reports released.

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