It is widely proclaimed, and generally believed, that access to finance is the biggest single problem facing Micro, Small and Medium Enterprises in Nigeria. Many experts cite the counter narrative that shortage of technical know-how, executive capacity and limited market opportunities are far bigger obstacles to entrepreneurial success.

Be that as it may, the Federal Government remains unrelenting in its search for solutions to the financial problems of Small Business Owners and Independent Professionals. It has a growing range of policies and programmes that seek to provide debt and equity support for new entrepreneurs through access to soft loans. Click here to continue reading