IMPACT OF MEDUIM-SCALE ENTERPRISE ON NIGERIA ECONOMIC GROWTH AND DEVELOPMENT (A STUDY OF STARLINE NIGERIA LIMITED ABA)

Student: Chinwendu Peace Iheanacho
Supervisor: Mr Obasi Asoh
HOD: Dr Joan C. Okafor
Department of Business Administration
Business and Management Technology
Abia State Polytechnic, Aba, Abia State

Abstract

This research work focused on impact of medium-scale enterprise on Nigeria economic growth and development. In Nigeria using starline Nigeria limited as the case study. It addressed the problem of obtaining credit facilities and the problem of not giving medium scale industries in Nigeria the necessary incentive and support, such as loans, provision of adequate infrastructure etc. the main objective of the study is to ascertain the impact of supporting agency on the growth of medium scale industrial in Nigeria. The survey design was adopted and it was descriptive in nature. Data were collected through questionnaire and analyzed using sample percentage and presented in tables. The population size was 120, while the sample size is 92. Using stratified and random sampling method. In testing the hypothesis, the chi-square was used and level of significance was 0.05. the following finding were made that medium scale industries in Nigeria always find it government economic policies. The government economic policies and regulation on business enterprise do no favor the medium scale industries. Based on then findings, the researcher recommended that access to obtain loans should be extended to medium scale enterprise through the normal conventional banking channel.

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