IMPACT OF MICRO SMALL AND MEDIUM ENTERPRISES ON NIGERIA SOCIO-ECONOMIC DEVELOPMENT: A CASE STUDY OF MAKURDI LOCAL GOVERNMENT AREA, BENUE STATE.
Abstract
ABSTRACT
This research is on “the impact of Micro Small and Medium Enterprises on Nigeria Economic Development: A Study of Makurdi Local Government Area, Benue State. The objective of the study is to examine the influence of micro, small and medium enterprises investment on Nigerian economic development. To Ascertain the importance of such programmes and policies to micro, small and medium enterprises investment on Nigeria economic development. The researchers used questionnaires for data collection for the study and sample size of 50 out of the total population of 120. The findings of the study revealed that staff undergone any training in the organization. My finding also shows that that constraints has a step down on the performance of
small and medium enterprises but still SMEs has immense contribution in the growth of the economy. Small and medium enterprise importance to capital formation in Nigeria cannot be contested. They provide complementary and competitive roles together financial institutions and which are of benefit to the people and economy. Lastly, the study recommends that Small scale industrialist should try to develop good relationship with their suppliers, bankers, lawyers, management consultants, and indeed all experts and utilize their services. Establishment of Entrepreneur Development Institute (EDIS) for managerial and technical skills buildings.
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