Growth of Micro Small and Medium Enterprises (MSMEs) in Nigeria: Implication of Fuel Subsidy Removal

Ajayi, O. I., Ajuwon, O. S., & Ikhide, S. (2021). Access to finance and performance of services sector MSMEs in Nigeria. Oradea Journal of Business and Economics, 6(2), 8-20. Ajuwon, O. S., Ikhide, S., & Akotey, J. O. (2017). MSMEs and employment generation in Nigeria. The Journal of Developing Areas, 51(3), 229-249. Ajuwon, O., Ikhide, S., & Akotey, J. (2018). Financing MSMEs (Micro Small and Medium Enterprises) in Nigeria: Implications of Transaction Costs. Alabi, F. A., David, J. O., & Aderinto, O. C. (2019). The impact of government policies on business growth of SMEs in South Western Nigeria. International Journal of Management Studies and Social Science Research, 1(2), 1-14. Alfaro, L., & Chen, M. X. (2018). Transportation cost and the geography of foreign investment (pp. 369-406). Edward Elgar Publishing. Ayadi, R., & De Groen, W. (2014). Micro-, Small-and Medium-Sized Enterprises with High- Growth Potential in the Southern Mediterranean: Identifying Obstacles and Policy Responses. Babajide, A. A., Oluwaseye, E. O., Lawal, A. I., & Isibor, A. A. (2020). Financial technology, financial inclusion and MSMEs financing in the south-west of Nigeria. Academy of Entrepreneurship Journal, 26(3), 1-17. Bazilian, M., & Onyeji, I. (2012). Fossil fuel subsidy removal and inadequate public power supply: Implications for businesses. Energy Policy, 45, 1-5. Bhattacharyya, R., & Ganguly, A. (2017). Cross subsidy removal in electricity pricing in India. Energy policy, 100, 181-190. Ebitu, E. T., Glory, B., & Alfred, U. J. (2016). An appraisal of Nigeria’s micro, small and medium enterprises (MSMEs): Growth, challenges and prospects. British Journal of Marketing Studies, 4(5), 21-36. Evans, O., Nwaogwugwu, I., Vincent, O., Wale-Awe, O., Mesagan, E., & Ojapinwa, T. (2023). The socio-economics of the 2023 fuel subsidy removal in Nigeria. Evans, O., Nwaogwugwu, I., Vincent, O., Wale-Awe, O., Mesagan, E., & Ojapinwa, T. (2023). The socio-economics of the 2023 fuel subsidy removal in Nigeria. Harring, N., Jönsson, E., Matti, S., Mundaca, G., & Jagers, S. C. (2023). Cross-national analysis of attitudes towards fossil fuel subsidy removal. Nature Climate Change, 13(3), 244-249. Idachaba, F. E. (2010). Telecommunication cost reduction in Nigeria through infrastructure sharing between operators. Pacific Journal of Science and Technology, 11(1), 272-276. Ikenga, A. F., & Oluka, N. L. (2023). An examination of the benefits and challenges of the fuel subsidy removal on the Nigerian economy in the fourth republic. International Journal of Applied Research in Social Sciences, 5(6), 128-142. Ikuemonisan, E. S., & Akinbola, A. A. (2019). Welfare effects of transportation cost and food price volatility in the context of globalization in Nigeria. African Journal of Food Science, 13(6), 111-119. Ilodigwe, A. O. (2023). Fuel Subsidy Removal and Its Negative Impact on Small and Medium Scale Enterprises. Journal of Education, Humanities, Management and Social Sciences (JEHMSS), 1(4). Inegbedion, H. E., Inegbedion, E., Obadiaru, E., & Asaleye, A. J. (2020). Petroleum subsidy withdrawal, fuel price hikes and the Nigerian economy. International Journal of Energy Economics and Policy, 10(4), 258-265. Iwarere, H. T. (2014). The need for cost audit in enhancing reliance in the disclosed operational performance of organisations: The case of Nigeria. African Journal of Business Management, 8(9), 300-306. Jewell, J., McCollum, D., Emmerling, J., Bertram, C., Gernaat, D. E., Krey, V., ... & Riahi, K. (2018). Limited emission reductions from fuel subsidy removal except in energy-exporting regions. Nature, 554(7691), 229-233. Kalu, N. E. (2012). Understanding Africa’s China policy: A test of dependency theory and a study of african motivations in increasing engagement with China. Political Science Department -- Theses, Dissertations, and Student Scholarship. 21. Litman, T. (2009). Transportation cost and benefit analysis. Victoria Transport Policy Institute, 31, 1-19. Majekodunmi, A. (2013). The political economy of fuel subsidy removal in Nigeria. International Journal of Management and Social Sciences Research, 2(7), 76-81. Mpi, D. L. (2019). Encouraging micro, small and medium enterprises (MSMEs) for economic growth and development in Nigeria and other developing economies: The role of'the Igbo apprenticeship system.'. The Strategic Journal of Business & Change Management, 6(1), 535-543. Nienhüser, Werner (2008) : Resource dependence theory: How well does it explain behavior of organizations?, Management Revue, ISSN 1861-9916, Rainer Hampp Verlag, Mering, Vol. 19, Iss. 1/2, pp. 9-32. Nwafor, M. E., & Onya, O. V. (2019). Road transportation service in Nigeria: Problems and prospects. Advance Journal of Economics and Marketing Research, 4(3). Ogunode, N. J., & Aregbesola, B. G. (2023). Impact of Subsidy Removal on Nigerian Educational System. Middle European Scientific Bulletin, 39, 105-116. Ohonba, N., & Ogbeide, S. O. (2023). Premium Motor Spirit (PMS) Subsidy Removal and Implications on Businesses and Economy in Nigeria. African Development Finance Journal, 6(2), 133-147. Ojeme, J. O., Okatahi, A., & Aliyu, T. (2018). The impact of fuel subsidy removal on small businesses financing in Nigeria (a case study of fedepoly Nsarawa microfinance bank ltd). African Journal of Business and Economic Development| ISSN, 2782, 7658. Omotosho, B. S. (2020). Oil price shocks, fuel subsidies and macroeconomic (in) stability in Nigeria. Fuel Subsidies and Macroeconomic (In) stability in Nigeria (February 20, 2020). Oseni, E., & Oseni, E. F. (2015). Achieving inclusive economic growth and development in Nigeria through MSMEs. Journal of Economic & Financial Studies, 3(04), 30-40. Oseni, E., & Oseni, E. F. (2015). Achieving inclusive economic growth and development in Nigeria through MSMEs. Journal of Economic & Financial Studies, 3(04), 30-40. Radas, S., Ani?, I. D., Tafro, A., & Wagner, V. (2015). The effects of public support schemes on small and medium enterprises. Technovation, 38, 15-30. Rentschler, J., Kornejew, M., & Bazilian, M. (2017). Fossil fuel subsidy reforms and their impacts on firms. Energy Policy, 108, 617-623. Rodrigues, A. (2015). Cash transfer of subsidy & its impact on micro small and medium enterprise in Goa. International Journal of Advanced Research in Management and Social Sciences, 4(9), 33-53. Solarin, S. A. (2020). An environmental impact assessment of fossil fuel subsidies in emerging and developing economies. Environmental Impact Assessment Review, 85, 106443. Tambunan, T. T., & Busnetty, I. (2015). Impacts of energy subsidy reform on MSMEs and their adjustment strategies. Tekola, H., & Gidey, Y. (2019). Contributions of micro, small and medium enterprises (MSMEs) to income generation, employment and GDP: Case study Ethiopia. Journal of Sustainable Development, 12(3), 46-81. Thomas, A., & Olaniyiolowu, A. (2016). Enhancing the Growth of Small and Medium Scale Enterprises (SMEs): The Nigeria Paradox. International Journal of Management Sciences, 7(3), 145-151. Yao, X., Ma, S., Jia, N., & Ling, S. (2022). How subsidy removal affects the new energy vehicle industrial chain: Empirical evidence from China. Available at SSRN 4106713.