Nigeria's prevailing economic policy thrust is based on the National Vision 20:2020, the National Economic Empowerment and Development Strategy (NEEDS), complemented by SEEDS at the State level and LEEDS at the Local Government level, and the Transformation Agenda. On the economic development front, all the economic development policies are anchored on the private sector as the engine of growth - for wealth creation, employment generation and poverty reduction. While the government is the enabler, facilitator and regulator, the private sector is the direct investor and manager of business. This strategy poses serious challenges for partnership between government and the private sector in the growth and development of a vibrant and productive economy. Continue reading this Report... SMEDAN National Policy on MSMEs
Amaka Nwaokolo coordinates the Research and Policy Unit at FATE Foundation and enjoys making music in her spare time.