AN EVALUATION OF THE CONTRIBUTION OF SMALL AND MEDIUMS SCALE ENTERPRISES (SMES) TO THE ECONOMIC DEVELOPMENT IN NIGERIA(A CASE STUDY OF EIGHT (8) SELECTED SMSE IN ILORIN METROPOLICS)

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TABLE OF CONTENTS

Title Page

Certification

Dedication

Acknowledgement

Table of Content

CHAPTER ONE

Introduction

  1. Background of the Study
    1. Statement of the Problems
    1. Objectives of the Study
    1. Research of the Study
    1. Significance of the Study
    1. Scope and Limitation of the Study
    1. Organization and Planning of Study

CHAPTER TWO

LITERATURE REVIEW

  • Definition  of Small and medium scales Enterprises
    • SMSE as a study for Economic Development
    • SMSE and Employment Opportunities
    • SMSE and Utilization of Local Resources for production
    • SMSE and its financing
    • SMSE and self Reliance

References

CHAPTER THREE

RESEARCH METHODOLOGY

  • Introduction
    • Characteristics of the Study Population
    • Sample Design and Procedure
    • Method of Data Analysis
    • Data Collection Instrument and Administration
    • Sample size
    • Limitation/Problem of Data Collection

CHAPTER FOUR

PRESENTATION AND ANALYSIS OF DATA

  • Introduction to Eight (8) Selected SMSE in Ilorin Metropolis
    • Presentation of Data
    • Respondents by Variables
    • Analysis of research Question

CHAPTER FIVE

SUMMARY, CONCLUSION AND RECOMMENDATION

  • Summary of Findings
    • Conclusion
    • Recommendations

References

CHAPTER ONE

INTRODUCTION

1.0   BACKGROUND OF THE STUDY

        This study will have its fundamental root from the contribution of small and medium scale enterprises (SMSE) o the economic development in Nigeria.

        Apart from the potential development of small and medium enterprise for ensuring a self reliant industrialization in terms of the ability to rely largely on local raw materials. It is also a good strategy to boost employment and guarantee an even distribution of industrial establishments in the country including the rural area.

        In all countries of the world, small and medium enterprises have emerged as an important agent of economic and social transformation. The promotion of small and medium enterprises (SMES) is no longer just the business of the world association for small and medium enterprises (WASME) and other Non-Government organization (NGOS) but as become a major policy thrust in industrialized and developing countries.

        In industrialized countries, recent innovation in information technology, industrialized designation and global competition have propelled the spread of small business and forced large cooperation to search for new strategies to gain competitive operations. Small and medium enterprises (SMSE) could help to facilitate mobilization of capital and human resources that could otherwise be left idle.

        An important feature associated with small and medium enterprises which is particularly relevant to our current economic problems is that, these industries characteristically, depend less on imported inputs relative to their total capital investment than large scale industry. Small and medium enterprises (SMSE seek to diffuse economic power by helping to check imbalance seek to diffuse economic power by helping to check imbalance between various locality of a country and between different income groups in the same locality.

1.1   STATEMENT OF THE PROBLEM

        As it could be observed, the contribution of small and medium scale enterprises (SMSE) towards the development of Nigeria economy has not been able to achieve the desired progress due mainly to a number of constraints.

        This research work has identified the associated problems militating against the contribution of SMSE towards the development of the economy and thus, summarized them as follows:

  1. Understanding how much time it will tale to build a market.
  2. Inability to maintain customer relation.
  3. Wrong choice of product
  4. Failure to understand changing economic condition
  5. Failure to keep complete accurate records so that proprietor drifts solution trouble without realizing.

Given the fact that many factor militate against small and medium enterprise and constitute the development towards the nation economy.

AN EVALUATION OF THE CONTRIBUTION OF SMALL AND MEDIUMS SCALE ENTERPRISES (SMES) TO THE ECONOMIC DEVELOPMENT IN NIGERIA(A CASE STUDY OF EIGHT (8) SELECTED SMSE IN ILORIN METROPOLICS)