Effect of Business Environment on Performance of Micro, Small, and Medium Enterprises (MSMEs) in Federal Capital Territory (FCT), Nigeria

Abdul Adamu, Akinwolere Bukola Comfort and Salawu Saadatu
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Abdul Adamu: Department of Economics, FCT College of Education, Zuba- Abuja, Nigeria.
Akinwolere Bukola Comfort: Department of Economics, FCT College of Education, Zuba- Abuja, Nigeria.
Salawu Saadatu: Department of Economics, FCT College of Education, Zuba- Abuja, Nigeria.

International Journal of Research and Innovation in Social Science, 2025, vol. 9, issue 7, 2619-2629

Abstract: This study explores the impact of business environment on the performance of Micro, Small and Medium enterprise (MSME) in 6 local governments areas (LGAs) of Federal Capital Territory (FCT), Nigeria which include; Abuja Municipal Area Council (AMAC), Bwari, Gwagwalada. Kuje, Abaji and Kwali LGAs. The study employed a mixed-method approach combining surveys of 400 MSMEs and interviews with 20 stakeholders using purposive sampling techniques with a specific emphasis on identifying regulatory inefficiencies, infrastructure deficits, financial exclusion, and market competition as critical constraints. The research reveals that financial access has the strongest positive effect on performance (β=0.513, p

Date: 2025
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