THE INFLUENCE OF POOR FINANCING ON THE OPERATION OF SMALL SCALE INDUSTRIES IN NIGERIA.

0
49

CHAPTER ONE

INTRODUCTION

A look around us will reveal that that our economy consists of people whose material needs and wants are satisfied by numerous business organization especially in the manufacturing sector we can comfortably count on the roster of business organizations both locally and internationally famous such as lever brothers Plc, Nigeria bottling company (NBC) Plc, etc. American writers have pointed out that the world view of the UAS as a “land of industrial grants” a national of big operation is misplaced of all manufacturing industries in USA 89% employs fewer than 100 people and 65% have fewer than 20 employees.  In all developed and developing countries all over the world the greater proportion of their productive sector are mainly of small sizes. It then becomes imperative to point out that grant industries with their mass production not withstanding that from the backbone of every nation’s economy.