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The Role of Insurance as a Risk Management Instrument of Small-Scale Enterprises in Nigeria


Kunle Adebowale

Nearly over 60 % of the Nigerian population who are engaged in small-scale enterprise sector have not been able to manage their enterprise risks economically. This situation has caused many entrepreneurs to liquidate their business. Various insurance possibilities have been considered in this study, which are capable of rectifying the situation.
Contents: Mutual insurance arrangement - Enterprising insurance method - Compulsory insurance scheme.