PROMOTION OF SMALL SCALE ENTERPRISES AND THEIR CONTRIBUTION TO THE ECONOMIC GROWTH OF NIGERIA

TABLE OF CONTENT

TITLE PAGE

CERTIFICATION

DEDICATION

ACKNOWLEDGEMENT

ABSTRACT

CHAPTER ONE

INTRODUCTION

1.1 Background of the Study

1.2 Statement of the Problem

1.3 Objectives of the Study

1.4 Research Questions

1.5 Hypothesis of the Study

1.6 Significance of the Study

1.7 Scope of the study

1.8 Limitations of the Study

1.9 Definition of Terms

CHAPTER TWO

LITERATURE REVIEW

2.0 Introduction

2.1 Small Scale Business Defined

2.2 Features of Small and Medium Scale Enterprises in Nigeria

2.3 Contributions of SMEs to the Economic growth of Nigeria

2.4 Development of Entrepreneurship in Nigeria

2.5 Factors Militating against the Promotion and Development of SMEs in Nigeria

2.6 Government Agencies Responsible for the Promotion of SMEs

2.7 The Role of National Association of Small Scale Enterprises in National Development

2.8 Government Intervention in the Promotion of SMEs in Nigeria

2.9 Measures to Promote SMEs in Nigeria

2.10 Chapter Summary

CHAPTER THREE

RESEARCH METHODOLOGY

3.1 Introduction

3.2 Research Design

3.3 Study Area

3.4 Population of the Study

3.5 Sample Size and Technique

3.6 Data Collection Method

3.7 Research Instruments

3.8 Reliability and Validation of Instrument

3.9 Techniques of Data Analysis

CHAPTER FOUR

DATA ANALYSIS AND INTERPRETATION

4.0 Introduction

4.1 Presentation of Data

CHAPTER FIVE

FINDINGS, CONCLUSION AND RECOMMENDATIONS

5.1 Summary of Findings

5.2 Conclusion

5.3 Recommendations

BIBLOGRAPHY

ABSTRACT

The study critically examined the contributions of small and medium scale enterprises to the economic growth of Nigeria and how SMEs can be promoted. Since SMEs are the backbone of the economy, it is essential to adequately promote and sustain their activities in-order to enjoy a developed and stabilized economy.

Concerning methodology, the researcher used both primary and secondary sources of data for the study. Primary source of data formed the basis for data analysis as questionnaires were issued to officials of Small and Medium Scale Development Agency of Nigeria (SMEDAN). Chi-square at a significance level of 0.05 was also used to test hypothesis developed for the study.

Findings from the study revealed that in actual fact, SMEs contribute tremendously to the growth of the economy via increase in Gross Domestic Product (GDP). The production of goods and services, creation of jobs, innovation of newer products and revenue generation abilities of SMES have helped the economy of Nigeria since Nigeria gained her independence in 1960. The government should minimize tax burdens imposed on SMEs and provide adequate power supply to create enabling environment for SMEs to survive and be adequately promoted.