Table 2

Profile of firms

Firm profileFrequencyPercentage
LocationLagos Island5741.0
Lagos Mainland4129.5
Ikeja4129.5
Total139100.0
Ownership structureSole Proprietorship8158.3
Partnership4431.7
Limited Liability Company117.9
No Response32.2
Total139100.0
Firm ageLess than 62518.0
6 to 102014.4
11 to 152115.1
16 to 201611.5
Above 205640.3
No Response10.7
Total139100.0
Current total value of property portfolioUnder 10 M1611.5
10 M–<50 M107.2
50 M–<100 M117.9
Above 100 M9669.1
No Response64.3
Total139100.0
Number of employeesLess than 107151.1
10–493625.9
50–100139.4
Above 1001712.2
No Response21.4
Total139100.0
Geographical scope1 Location in Lagos2719.4
Several Locations in Lagos3424.5
Other States in Nigeria4028.8
Regional Operation2014.4
International107.2
No Response85.8
Total139100.0
Foreign direct investmentNone5237.4
Less than 43525.2
4–72316.5
8–1153.6
12–1510.7
Above 15117.9
No Response128.6
Total139100.0

Note(s): The type of client is a multiple choice. The percentage for the type of client is calculated as the frequency of each option/total number of respondents *100

Source(s): Authors’ own work

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