Lagos State Government recently said it had dolled out over N100 billion to Micro, Small, and Medium Enterprises. Research conducted by our team shows that the state government is massively granting loans to small business owners in the commercial city.
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I asked 10 young graduates about the most challenging thing in starting a business, six of them said funding, the rest picked other reasons.
This isn’t peculiar only to young graduates who want to set up a business because the government has failed to create jobs. And every successful business owner faced the problem of business funding at a time. How did they overcome it?