THE CONTRIBUTION OF SMALL SCALE INDUSTRY TO POVERTY ALLEVIATION IN NIGERIA WITH A CLOSE REFERENCE TO SMALL SCALE ENTERPRISES IN LOKOJA METROPOLIS


For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

BACKGROUND OF THE STUDY

          It is very important to note that in many developing countries like Nigeria, it is being argued that the small scale industries have not and cannot alone be expected to play the dynamic role that they are expected to play towards the rapid growth and development of the various segment of the country. It is therefore becoming even more important  those countries that the small scale industries which had however been neglected could play a significant role in the quest of economic development.  

     In recognition of this fact, the Nigeria government had in the recent  time play important role in promoting small scale business. This important role can be seen in various institutions that it had set up to promote small scale business activities in the country.

     Government also in its quest to further develop and promote small scale business, have adopted favorable policies (monetary and fiscal that could aid small scale business in the country). 

     Small scale business is a catalyst that improve standard of living.  It                            pointed out that our seventy percent (70%) of workforce in Nigeria earns their living of been employed in small scale business either directly or indirectly. It is on this role that small scale business is seen by the researcher of this work as a good channel through which government can efficiently alleviate poverty in the country.  Apart from employees, the small scale enterprises are equally lifted from grass to grace through increase in capitalization, special drawings and dividends that are usually the goodies of entrepreneurs. The increase in revenue increases the purchasing power of the entrepreneurs in relation to their standard of living. In addition, the influx (flowing) of social and recreation facilities in response of the multiplication of small scale industries also help in the transformation of the lifestyle of the public generally.

     There has been technological breakthrough by small scale enterprises in adoptive response in changing economic and social fortune  of the masses in all ramifications. It generates the desired forward and backward and linkage required in holding a vibrant industrial base.


NO REFRENCES< SERVES AS GUIDE ONLY. 

THE CONTRIBUTION OF SMALL SCALE INDUSTRY TO POVERTY ALLEVIATION IN NIGERIA WITH A CLOSE REFERENCE TO SMALL SCALE ENTERPRISES IN LOKOJA METROPOLIS
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Business Administration and Management
    Project ID BAM1773
    Fee ₦5,000 ($14)
    No of Pages 52 Pages
    Format Microsoft Word

    Related Works

    CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY It is very important to note that in many developing countries like Nigeria, it is being argued that the small scale industries have not and cannot alone be expected to play... Continue Reading
    ABSTRACT The work is an academic exercise which attempt to study “the contribution of small-scale Business in changing a depressed economy”, with reference to Nigeria economy. The problems that stem government effort in promoting the development of small-scale sector, problem encountered by small-scale operations and it likely prospects. The... Continue Reading
    ABSTRACT The work is an academic exercise which attempt to study “the contribution of small-scale Business in changing a depressed economy”, with reference to Nigeria economy. The problems that stem government effort in promoting the development of small-scale sector, problem encountered by small-scale operations and it likely prospects. The... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The production of goods and services in the most efficient manner has continued to be the only viable and reliable option for development, growth and survival of any economy. SMEs have been fully... Continue Reading
    (A CASE STUDY OF CRUTECH MICRO FINANCE BANK, CALABAR) CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY Effectively functioning financial markets like micro finance banks have fundamental roles to play in fostering development among small and medium... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY The economies of third world countries such as Nigeria operate with dual financial institutions. On one hand are group which function through direct governmental control known as Formal Financial Institutions such as Commercial Banks, Insurance Companies and Mortgage Banks. And on the other... Continue Reading
    ABSTRACT The research study seeks to examine the effects of cedi depreciation on the activities of  small scale businesses in the country. The aim of the research is to examine the impact of  cedi depreciation on imports, income, size and the growth and performance of the small  scale industries. In addition the research work aims at finding... Continue Reading
    ABSTRACTS This research work is carried out to evaluate the Impact of Micro Finance Banks (MFBs) on the Survival of Small and Medium-Scale Enterprises (SMEs) in Nigeria to determine the financial service of (MFBs) of... Continue Reading
    ABSTRACT The study is a descriptive survey designed to examine financing of small scale business enterprises in Nigerian. A total of one hundred and forty respondents were selected from Warri South Local Government Area of Delta State to form a sample size. A test and retest method was used to determine the reliability of the questionnaire items.... Continue Reading
    ABSTRACT The study is a descriptive survey designed to examine financing of small scale business enterprises in Nigerian. A total of one hundred and forty respondents were selected from Warri South Local Government Area of Delta State to form a sample size. A test and retest method   was used to determine the reliability of the questionnaire... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us