The Role Of Small And Medium Enterprises In Revamping The Nigerian Economy

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THE ROLE OF SMALL AND MEDIUM ENTERPRISES IN REVAMPING THE NIGERIAN ECONOMY

(A CASE STUDY OF STAR LINE NIGERIA LIMITED ABA)

ABSTRACT

 

This project work focuses on role of small and medium scale in revamping the Nigeria economy.

The small and medium scale enterprises are essential element in providing a solid base for a country economic development, unfortunately, these enterprises have been facing a lot of problem from government, policies and funding facilities available to them.

Chapter one of this research work deals with the background of the subject matter and defines small and medium scale enterprises after which it present a very clear development.

Chapter two also deals with the meaning and definition of small and medium scale enterprises its role which among others includes; production of good and service for both end and intermediate users, and also utilizes low capital cost for creating job especially in a past growing service sector of the economy. It also highlights the contributions of these enterprises to Nigeria economy.

 Chapter three of the research work deals with the methodology and design as well as population and population simple, it also deals with the method of data collection and method of data analysis used in the research.

Chapter four deals with the presentation and analysis of data and also a test only deals with discussions, recommendations, conclusion, and suggestion for further research.

 


TABLE OF CONTENT

 

Title page

Approval page

Dedication

Acknowledgment

Abstract

Table of content

 

List of table

 

 

CHAPTER ONE

INTRODUCTION

1.1            Background of the study

1.2            Statement of the problem

1.3            Purpose of the study

1.4            Scope of the study

1.5            Research questions

1.6            Significance of the study

1.7            Limitation of the study

1.8            Definition of terms.

 

CHAPTER TWO

LITERATURE REVIEW

2.1            Meaning of economy

2.2            Meaning/classification of small and medium scale enterprises.

2.3            The predomince of small and medium scale enterprises Nigerian.

2.4            Government policies in promoting small and medium scale enterprises in Nigeria

2.5            To characteristics of small and medium scale enterprises

2.6            The contributions of small and medium scale enterprise Nigeria economy.

2.7            The impact of small and medium scale enterprises.

 

 

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

3.1            Research design

3.2            Area of the study

3.3            Population of the study

3.4            Sample and sampling procedure

3.5            Instrument for data collection

3.6            Validation of the instrument

3.7            Reliability of the instrument

3.8            Method of data collection

3.9            Method of data analysis

References

 

CHAPTER FOUR

DATA PRESENTATION AND ANALSYSIS

4.1            Testing of hypothesis

4.2            Summary of result

References

 

CHAPTER FIVE

DISCUSSION, RECOMMENDATION AND CONCLUSION

5.1            Discussion of result/finding

5.2            Conclusions

5.3            Implications of the research findings

5.4            Recommendations

5.5            Suggestions for further research

Bibliography

Appendix.

 

CHAPTER ONE

 

INTRODUCTION

Small and medium scale enterprises play a crucial role in providing a solid base for a country’s socio-economy development. According to Nwankwu (1992) in a speech delivered on the financing opportunities of small and medium scale enterprises. It is estimated that probably up to 90% (ninety percent) of all registered categories of business organization in Nigeria are in the category of small and medium scale (SMSE).

The small and medium scale enterprises produce goods and services for both end and intermediate users and also utilize low capital cost for creating jobs especially in a first growing services sector of the economy. Lied Holm and mend (1987) in their contribution have also agreed with the above facts. When they argued on the role of small and medium scale enterprises in providing productive employment and earning opportunity. Small and medium scale enterprise serves as vehicle through which ideas for new products and services fund their way to the consuming public.

Most countries in the world have attained advanced stage in industrial development because they started their industrialization process with programs in the small and medium scale enterprises (SMSE). Through the provision of efficient banking services and infrastructure facilities like portable drinking water, electricity, good road and communication network.

Given the forgoing, an important factor for making a striking impression on the development of these categories lies in the abilities to generate enough fund to business expenditure. The small and medium scale enterprises have also been regarded as an affective way of developing countries of Africa, Asia, and Latin America. The government of these countries have also realized that the large scale industrialization of the past has failed, generally to solve the problem of global under employment and object poverty.

 

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