The Director-General of the Nigeria Employers' Consultative Association (NECA), Adewale Oyerinde, has highlighted the role of the private sector—especially small and medium enterprises (SMEs)—as the biggest driver of employment in Nigeria. Oyer… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader SMEs drive Nigeria's job growth – NECA By Abimbola Akomolafe on September 4, 2025 The Director-General of the Nigeria Employers' Consultative Association (NECA), Adewale Oyerinde, has highlighted the role of the private sector—especially small and medium enterprises (SMEs)—as the biggest driver of employment in Nigeria. Oyerinde stressed that SMEs, alongside larger private firms, create millions of jobs not only through direct employment but also across supply and distribution networks. He explained that when a business shuts down, its impact extends beyond its workers to thousands of jobs connected to its value chain. Read also, SMEs drive Nigeria's job growth – NECA UK invests $7.5m to boost Nigerian smallholder farmers Why reliability is the most underrated career kill Kwara schools receive 14,000 tree seedlings to strengthen agribusiness, food security FG urges road safety action to protect SMEs, communities He noted that despite economic challenges, SMEs continue to shoulder the burden of job creation, sustaining livelihoods and supporting national growth. This, he said, proves that the private sector plays a far bigger role in employment than government institutions. NECA, established in 1957, remains the voice of organised businesses in Nigeria and continues to advocate policies that enable SMEs and private enterprises to thrive.

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