The MSMEs Friendly States Index is Enabling friendly ecosystem for Micro, Small and Medium Enterprises (MSMEs) across Sub-Nations in Nigeria/Africa
Embedded Files
Download the 2024 MFS Index Sub-Nations Budget Focused Report now
We Rank Sub-Nations for MSMEs Friendliness
Tracking MSMEs Support
Policies, Funding & Programmes (PFP) from the Sub-National Governments in Nigeria/Africa.
MFS Index Report
Setting the Agenda for Sub-National MSMEs Policy, Funding and Programmes (PFP) development.
Honoring Champions of MSMEs
Recognizing Top-Performing Sub-Nationals in MSME PFP
Partnering for Impact
Strengthening Sub-National MSMEs Agencies on Policy, Funding, and Programs development and implementation.
MFS Index Reports
Top 10 MSMEs Budget-Friendly States
Mini-Report Released on United Nations MSMEs Day
This mini-report, released on June 27th in celebration of the annual United Nations MSMEs Day, provides an analysis of the budget allocations for MSMEs across the 36 states of Nigeria. Developed from the annual budgets of these states, the report examines both capital and recurrent expenditures by state governments specifically for MSMEs. The analysis ranks the states by the size of their budgets allocated to MSMEs, identifying the most budget-friendly states, regions, and whether they belong to the Northern or Southern part of the country.
Click here to view the latest Top 10 MSMEs Budget-Friendly States in Nigeria.
Top 10 MSMEs-Friendly States
Comprehensive Report Released Annually on December 1st
This comprehensive report, released annually on December 1st, evaluates the implementation of MSME budgets across Nigeria's 36 states. Using the MFS Index, the assessment is based on three key pillars: Policy, Funding, and Programs (PFP). The report identifies the Top 10 MSMEs-friendly states of the year, which are subsequently recognized and promoted within the communities of MSMEs, investors, funders, MSME support organizations, government agencies, and international development partners.
Click here to view the latest Top 10 MSMEs-Friendly States in Nigeria.
Beyond Ranking
The MFS Index goes beyond evaluating States. It fosters Transparency, Accountability and a Competitive Environment that incentivizes Sub-National Governments to prioritize MSMEs development. This, in turn;
Unlocks job creation and economic growth at the National and State levels.
Empower millions of Nigerians by fostering a thriving MSMEs ecosystem.
Bridge the $160 billion funding gap by attracting investment to MSMEs.
MFS Index is helping you to Find the Best Support and Boosts your Performance
For Policymakers
The MSMEs Friendly States Index is helping in Benchmarking Growth
For Entrepreneurs
The MSMEs Friendly States Index is helping in Finding Your Business-Friendly State
For Investors
The MSMEs Friendly States Index is helping in Making Informed Decisions on your investment destination
For Agencies
The MSMEs Friendly States Index is helping Sub-National Agencies and partners in Finding the Right Support for MSMEs Growth
MFS Index Reports
2024
Sub-Nations Budget focused Mini Report
Download the Full Mini Report
Top 10 MSMEs Friendly States in Nigeria for 2024
Lagos N8Trillion
Abia N7Trillion
Kaduna N6Trillion
Anambra N5Trillion
Akwa Ibom N4Trillion
Enugu N3Trillion
Bauchi N2Trillion
Imo N1Trillion
Rivers N900Billion
Benue N500Billion
Top 3 MSMEs Friendly Regions in Nigeria for 2024
South West N20Trillion
South East N18Trillion
South South N 15Trillion
Top MSMEs Friendly Regions in Nigeria across Northern and Southern Pole for 2024
Southern Nigeria N50Trillion
Northern Nigeria N29Trillion
2024 Sub-Nations Budget Performance Focused Report
Coming Soon!
Page updated
Google Sites
Report abuse