ROLES OF GOVERNMENT POLICIES IN THE DEVELOPMENT AND PERFORMANCE ON SMALL AND MEDIUM ENTERPRISE, A STUDY OF JIMETA MODERN MARKET

The study examines the effect of government policy on the growth of small and medium enterprises (SMEs) in jimeta market. The study was anchored on the business growth theory. Descriptive survey design was adopted. The Population 200 was use SME operators in Adamawa State. The sample size of 398 SMEs was employed using Yamane’s formula. Questionnaire was the major instrument of collection used in the study. Chi square was used to analyze the formulated hypotheses in the study. The study discover that government credit policy granted, government tax policy and government licensing policy has a significant negative effect on the growth of small and medium enterprises in yola North Local Government area, Adamawa State. The study concludes that government policy has a negative significant effect on the growth of Small and Medium Scale Enterprises. The study recommends among others that government should reassess its various policies put in place to alleviate negative effect on credit policy on the growth of SMEs in jimeta market, Nigeria. Government should develop a system for tax payment so as to enhance efficiency in tax collection and payment this study specific objective such as to analyze the government policies influence on SMEs growth in jimeta, challenges thatSMEs face due to government policies ,the effectiveness of government intervention and support, policy adjustment to promote growth and sustainability of SMEs.