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FG begins 4th MSMEs’ survey – NBS

The Citizen by The Citizen
August 13 2021
in Business
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States’ IGR fell by N20bn to N1.31tn in 2020 — NBS

The Federal Government is set to begin the fourth round of the Micro, Small and Medium Scale Enterprises (MSMEs) survey.

The disclosure was made on Thursday in Abuja at a news conference jointly addressed by the office of the Statistician General of the Federation and the Small and Medium Enterprises Development Agency of  Nigeria (SMEDAN).

Mr Adeyemi Adeniran, Director, Real Sector and Household Statistics Department at the Nigerian Bureau of Statistics (NBS), represented Mr Yemi Kale, Statistician-General of the Federation, at the news conference.

Adeniran said that the survey would begin on Monday with a train-the-trainers workshop, while field work would start on August 21.

He said that the survey which would be carried out in the 36 states and the FCT would cover 2019 and 2020.

He added that three surveys had been successfully carried out in 2010, 2013 and 2017.

Adeniran said that in the fourth round, the concept of Nano enterprises, a concept considered as micro enterprises, would be introduced.

“The new sub-division (Nano) refers to those enterprises that have only one or two persons engaged in their operations, while the micro enterprises are those enterprises with three to nine persons engaged in their operations.

“On this note, the survey will henceforth be called NMSMEs survey. In addition, a new module was introduced into the survey, which is the impact of COVID-19 on business operations.

“It seeks to identify how enterprises coped during the pandemic period and what areas of support and intervention they will require from government at this post-COVID lockdown period,’’ he said. On the objectives of the survey, Adeniran said that they would help to establish a credible and reliable database for the MSMEs.

He said that they would also contribute to job and wealth creation over a three-year period.

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