Over 41.5 million Micro, Small and Medium Enterprises (MSMEs) operating in the country now have revised national policy as operational guide. The new document, unveiled yesterday in Abuja by Director-General of Small & Medium Enterprises Development Agency, SMEDAN, Mallam Umaru Dikko, now redefines MSMEs into four categories based on scope, turnover of business and staff count. In the revised MSMEs policy, a business with staff strength of between one and two and a turnover of less than N3 million is categorised Nano/ Homestead; any business with a staff strength of between three and nine with turnover of N3 million to N25 million falls under micro enterprise; a business with staff of between 10 and 49 with turnover of N25 million, but less than N100 million comes under small business while a business with staff strength of 50 to 199, having a turnover of N100 million and above, but less than N1 billion is designated medium enterprise.