According to the source, the survey was conducted across 36 states of the Nigerian Federation and the Federal Capital Territory, Abuja. It adds that, 400 households with micro-enterprises per state were surveyed, alongside nationwide SMEs which cut across 16 economic sectors.
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Number of micro enterprises (MEs) in Nigeria 2017-2020, by sector
The agricultural and wholesale or retail sectors accounted for the largest proportions of informal micro enterprises (MEs) operating in Nigeria in 2020. In that year, the number of wholesale MEs reached approximately **** million, while for the agricultural sector the count reached around **** million. Compared to 2017, MEs in the country reduced in number. Most micro businesses in Nigeria received an initial startup funding of less than * Nigerian naira (corresponding to *** U.S. dollars) as of 2020.
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Small and Medium Enterprise Development Agency of Nigeria. (August 13, 2021). Number of informal micro enterprises (MEs) in Nigeria in 2017 and 2020, by sector [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1299780/number-of-informal-micro-enterprises-in-nigeria-by-sector/
Small and Medium Enterprise Development Agency of Nigeria. "Number of informal micro enterprises (MEs) in Nigeria in 2017 and 2020, by sector." Chart. August 13, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1299780/number-of-informal-micro-enterprises-in-nigeria-by-sector/
Small and Medium Enterprise Development Agency of Nigeria. (2021). Number of informal micro enterprises (MEs) in Nigeria in 2017 and 2020, by sector. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1299780/number-of-informal-micro-enterprises-in-nigeria-by-sector/
Small and Medium Enterprise Development Agency of Nigeria. "Number of Informal Micro Enterprises (Mes) in Nigeria in 2017 and 2020, by Sector." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 13 Aug 2021, /statistics/1299780/number-of-informal-micro-enterprises-in-nigeria-by-sector/
Small and Medium Enterprise Development Agency of Nigeria, Number of informal micro enterprises (MEs) in Nigeria in 2017 and 2020, by sector ÌÇÐÄÆƽâ°æ, /statistics/1299780/number-of-informal-micro-enterprises-in-nigeria-by-sector/ (last visited July 31, 2026)
Number of informal micro enterprises (MEs) in Nigeria in 2017 and 2020, by sector [Graph], Small and Medium Enterprise Development Agency of Nigeria, August 13, 2021. [Online]. Available: /statistics/1299780/number-of-informal-micro-enterprises-in-nigeria-by-sector/
