Small Scale Enterprises And Economic Development Of Nigeria

Small Scale Enterprises And Economic Development Of Nigeria

Abstract

The study concentrated on the small scale enterprise and profitable development of Nigeria. Along the line, problems hindering the expansion of small scale enterprises in Enugu State were linked

For guidance on the study, the exploration formulated thesis grounded on which questions where designed.

The purposes of the study was stated, statement of problems made, and related literature reviewed. Out of the being small scale diligence located in Enugu State, some of them were named for the exploration work through arbitrary slice fashion. Data were attained by means of questionnaire, also particular observation was made, the data collected were anatomized using the ki- forecourt( X2), a non parametric test since the questions death with attributes.

It was indicated from the study that small scale enterprises have indeed made useful benefactions to the profitable development attainment of Nigeria in such a ways as furnishing employment’s import negotiations enhancement technology andetc.

In the process of the study too, it was realized that they’ve impediments in their benefactions to profitable development.

Conclusively, profitable development can be achieved by establishment of small scale enterprise.

Chapter One

Preface

Problem Identification And Purpose Of The Study

Nigeria Government joined other countries of the world in emphasizing the establishment of small- scale enterprises which is characterized by small scale diligence which size would not each for elaborates executive structure to play observation part in profitable development. Accordingly, those places are feel only little due to inadequate capital, lack of vital business information, lack of education and technology, deteriorating and inharmonious controls etc.

The problem in the study thus is to determine the extent of the donation of small- scale enterprise towards the profitable development in Enugu State and Nigeria.

The purpose of this study there’s to analytically estimate the donation to profitable development of the small- scale enterprises in Enugu State.

In order to critically carry out this purpose, the experimenter’s primary concern are to.

1) Examine the type of donation which small- scale enterprises are anticipated to make in profitable development.

2) To produce an mindfulness among the populace of the significance of small- scale enterprises in Enugu State and Original Government area.

Explanation Of The Study

The rational of the study is to ascertain whether small scale enterprises contribute to the profitable development of Nigeria and to what extent.

Different observers and critics have held contrary views about the donation of small scale enterprises toward profitable development. Some see it as a empty design that shouldn’t be ventured into some as a drain of pipe, a problem to profitable developments because it’s characterized by problems of small capital, lack of government support, internal controletc. yet, some others see it as the machine for profitable growth and development. Because of these alivergent views, it becomes logically reasonable to really examine the benefactions of these small scale enterprises in profitable development of Nigeria which will help all concerned to understand easily that through small scale enterprises in essential with numerous problems, yet its benefactions to the nations profitable development can not be equaled.

Significants Of The Study

The government and people of Enugu State will have a lot of gain from this design work. Some of these earnings are as follows

1) This study will help to smell governments sweats to boost private participation in profitable conditioning. The government has been encouraging people to start their own business, especially now that the ban on importation of introductory products is still in force and there’s need to produce these effects we used to import, locally in Enugu State, but because Enugu State aren’t completely apprehensive of the important places diligence pay in the society( especially small scale enterprises) and the advantages that can be deduced from establishing them, people tend to ignore the call of government to establish diligence in the state as a way of helping to revamp our battered frugality, still, with the help of this study people will come more apprehensive of the advantages of establishing these diligence( especially small- scale bones ) there by leading to an increase in the member of diligence in Enugu State in Particular.

2) This study will help to increase public patronage of small scale diligence by creating public patronage of small scale diligence by creating an mindfulness about the high quality products they produce and the need to patronize our original diligence but with the help of this study, Enugu people will have the confidence to patronize their diligence and it’ll also help them to realize the fact that if they patronize or support their original diligence they’re paying the way of the unborn profitable advancement of Enugu State in particular

( 3) This study will also help the government and people of Enugu State to realize the problems of small scale prizes in the state( especially these located in Enugu state) and offer suggestions are regards how to dived these problems

Description Of Terms

ECONOMICS Conditioning Any thing that man engages in with the scale arm of earning a living.

ENTERPRISE Means a business concern

ECONOMIC DEVELOPMENT Involves perfecting the state of our metropolises, ways of thinking, styles of productetc. it also involves perfecting our general standard of living.

DILIGENCE They’re establishment concerned with the changing of inputs or the assembling of factors to form finished or semi finished goods.

CREDIT installations They’re Lump totalities of plutocrat that are put at the disposal of borrowers.

SMALL SCALE ENTERPRISES They’re enterprises where there’s limited skill and capital supplied and possessed by person who could be the director with a limited number of workers.