SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA: PROBLEMS AND PROSPECTS

TABLE OF CONTENTS
Title
Declaration
Certification
Dedication
Acknowledgements
Abstract
List of tables

CHAPTER ONE: INTRODUCTION
1.1       Background to the Study
1.2       Statement of the Problem
1.3       Objectives of the Study
1.4       Research Question
1.5       Research Hypotheses
1.6       Significance of the Study
1.7       Scope of the Study
1.8       Limitations of the Study
1.9       Definition of Terms
1.10     Profile of Selected Firms
            References

CHAPTER TWO: REVIEW OF RELATED LITERATURE
2.1       Introduction
2.2       Conceptual Framework
2.2.1    History of small and medium scale enterprises
2.2.2    Establishing Small and Medium Scale Enterprises in Nigeria
2.2.3    Neglect of Small and Medium Scale Enterprises in Nigeria
2.2.4    Small and Medium Scale Enterprises in Nigeria: Revisiting Government Intervention
2.3       Theoretical Framework
2.3.1    Problems Associated with Government Efforts towards Small and Medium Scale Enterprises (SMES)
2.3.2    Promoting Small and Medium Scale Enterprises in Nigeria Oil and Gas Industry
2.3.3    Financing Small and Medium Scale Enterprises (SMEs) By Commercial Banks
2.3.4    Equity and Venture Financing in Small and Medium Scale Enterprises (SMEs) Era
2.4       Empirical Review
2.4.1    Problems of Small and Medium Scale Enterprises (SMEs) in Nigeria
2.4.2    Prospects of Small and Medium Scale Enterprises (SMEs) in Nigeria
2.4.3    The Role/Importance of Small and Medium Scale Enterprises (SMEs) to The Nigeria Economy
            Summary of Review Literature
            Highpoints
            Gaps in Reviewed Literature
            References

CHAPTER THREE: RESEARCH METHODOLOGY
3.1       Introduction
3.2       Research Design
3.3       Area of Study
3.4       Sources of Data Collection
3.4.1    Primary Source of Data
3.4.2    Secondary Source of Data
3.5       Instruments for Data Collection
3.6       Determination of Population Size
3.7       Sampling Techniques and Sample Size Determination
3.8       Method of Data Analysis
            References

CHAPTER FOUR: PRESENTATION AND ANALYSIS OF DATA
4.1       Data Presentation, Interpretation and Analyses
4.2       Respondents Characteristics and Classifications
4.3       Presentation and Analysis of Data According to Research Statement
4.4       Presentation and Analysis of Data According to Research Hypothesis

CHAPTER FIVE: FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1       Summary of Findings
5.2       Conclusion
5.3       Recommendations
            Area for Further Study
            Bibliography
            Appendix

ABSTRACT

The main purpose of this study is to investigate small and medium scale enterprises in Nigeria in order to identify their problems and prospects in Enugu metropolis. Sample size of 270 was drawn from the population of 828 registered companies in Enugu State in which a total of two hundred and seventy (270) copies of the questionnaire were administered out of which two hundred and forty (240) copies representing (89%) of the questionnaire were properly completed and retrieved while thirty (30) copies representing (11%) were not retrieved. The instruments used to gather information for this study includes both primary and secondary sources. The main instrument of data collection was the questionnaire. The data were presented in tables as frequency distribution in the data analysis, the techniques of percentage frequencies were used. The hypothesis was tested with chi-square method at 5% significance level. Having analysed the data, the following were the major findings, that there is improper implementation of its policies towards small and medium scale enterprises in Nigeria; that small and medium scale enterprises provide effective means of stimulating indigenous entrepreneurship; that poor management practices, financial problems, lack of capital, lack of infrastructural facilities etc, hinder the performance of small and medium scale enterprises in Nigeria. The study concludes that the role played by the government towards promotion and development of small and medium scale enterprises in Nigeria is highly effective, in the sense that government supported small and medium scale enterprises through favourable investment policies, institutional and fiscal policy, protective business law and financial incentives; that small and medium scale enterprises had immensely contributed to the economic growth and development in Nigeria for they have been recognized as indispensable components of national development in both developed and developing economies; that there are various confronting constraints to the development of small and medium scale enterprises such as lack of planning, inimical government regulations, poor marketing strategies etc; that there is significant support given to small and medium scale enterprises in Nigeria by government and other individual bodies. Hence, it therefore recommends that government should ensure that there will be no improper implementation of its policies towards small and medium scale enterprises and should not in the area of incentive and infrastructural development neglect business activities to facilitate small and medium scale enterprises in Nigeria. That government should also adequately support small and medium scale enterprises financially to avoid lack of capital. Moreso, small and medium scale enterprises should ensure that they solve their internal problems which hinder the success of the small and medium scale enterprises. For instance, they should ensure that there is effective management practices or expertise, effective accounting standards, adequate manpower and avoid financial indiscipline and corruption in order to boost their performances.


CHAPTER ONE
INTRODUCTION
1.1              Background to the Study
The role of small and medium scale enterprises in developing countries, Nigeria in particular is progressively becoming significant. Significant in the sense that all available resources in any given situation in the economic well-being of a nation must be developed for industrialization and ultimately consumption through the small and medium scale businesses. Hence, the impact and potential contribution of small and medium scale businesses on a broad and diverse base as well as their accelerated effect in achieving macro economic objectives pertaining full employment, income distribution and the development of local technology, make the existence most inevitable. Therefore, the importance of small and medium scale enterprises in particular to the general economic development of any nation especially a developing one like Nigeria cannot be over emphasized.

Small and medium scale enterprises (SMES) have been recognized as indispensable components of natural development in both developed and developing economies. This subsector of the economy is globally acknowledged to contribute substantially in enhancing employment creation or generation, poverty alleviation, equitable distribution of resources, income redistribution, technical and technological innovation, entrepreneurial skills development, more uniform industrial and economic region- moreover, they have been touted...

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Item Type: Postgraduate Material  |  Attribute: 131 pages  |  Chapters: 1-5
Format: MS Word  |  Price: N3,000  |  Delivery: Within 30Mins.
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