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‘Things not looking well in the SME sector’- Chairman of SME Lagos says.

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Winifred Bosa.

Chairman, Nigerian Association of Small Scale Industrialists, Lagos, Mr. S.T. Kuti-George has said that things keep going downhill than better for the industry in the current economic crisis.

Nigerian Association of Small Scale Industrialists
Nigerian Association of Small Scale Industrialists

He also said that the cost of obtaining raw materials and other inputs for business in the sector has increased by over a hundred percent and this has destabilized the sector. Also, the country is not building infrastructure to encourage business growth in the country.

He however commended the Lagos state governor, Mr. Akinwunmi Ambode for innovative ideas brought into the business field of the state.

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