enabling a more productive nigeria: powering smes - infographic
TRANSCRIPT
CorporateA�airs
Commission
TAX NATIONAL BANK
ATM
NATIONALGRID
BigBusiness
More than 90 percent of businesses in Nigeria are SMEs. Their productivity will shape the country'slong-term growth, economic diversi�cation and prosperity. What obstacles are they facing?
COMMUNICATIONS NETWORKS
82%
TAXING BUSINESSTAXING BUSINESS
hours annually are taken in �ling taxes in Lagos
compared to the Africa average of 310956
LIMITED ACCESSTO FINANCE
2% of the adult populationreceived loans from a
�nancial institution in the past year
POOR POWERSUPPLY
50% of the country’s totalpopulation does not
have access to national grid electricity
of mobile users access the internet daily, but
network quality needs to be improved - especially in rural regions
Sources: Economist Intelligence Unit, World Bank, IMF, Ericsson, KPMG
Commissioned by:
NIGERIAN SMEsFEELING EVERY BUMP