Crucial to Nigerian Economy, Small Businesses Struggle to Stay Afloat
- By Gibson Emeka
According to the International Labor Organization, small- and medium-sized businesses account for the majority of enterprises and employment in Nigeria. But about 80% of these businesses fail within the first five years. In this report from Abuja, Gibson Emeka explores why these businesses fail and what the Nigerian government is doing to help them achieve long-term success. Amy Katz narrates.