Small and medium scaleenterprises smes are globally recognized as engines of socio-economic transformation. in nigeria, they are at the heart of a push for economic prosperity.
According to a joint survey by small and medium enterprises development agency of nigeriasmedan and the national bureau of statistics nbs in 2017, smes together with micro-scaleventures, contribute almost half of the nations gross domestic product gdp, and employ 76.5 percent of the national workforce while also accounting for 7.64 percent of export receipts. they also make up morethan 90 percent of the total businesses in nigeria.
Further studies also show that the 41.5 million msmes in nigeria can help re-distribute wealth, improve local manufacturing and diversify the economy. as such, the policiesand institutions that support their growth are important variables for nigerias economic ends. one of such institutionsis first city monument bank fcmb, which is one of nigerias top ten financial services provider.
Small and medium scale enterprises smes are globally recognized as engines of socio-economic transformation. in nigeria, they are at the heart of a
Wellspring university, benin city, nigeria abstract small and medium enterprises act as catalysts in the economic development of the developed and developing countries. developing countries like nigeria that require sustained economic growth in their economies must pay attention to the sme sector and harness the great
Small and medium scale enterprises smes are regarded as the backbone of nigerian economy as well as the key of economic growth and flexibility agwu amp emeti, 2014. in a
The 2019 research wasconducted via face-to-face and online survey methodology, involving sme owners across nigeria. it was anchored on six pillars of assessment and performance, namelypersonification, integrity, expectations, resolution, time and effort as well asempathy.
Abiodun oluwaseun nigeria 5 connections. join to connect. ... management trainee at union bank of nigeria. fatai baruwa. fatai baruwa divisional head, area sales and distribution- union bank of nigeria plc. innocent iwunna. innocent iwunna small and medium scale enterprise relationship manager. at union bank of nigeria. oluwaseun adesina ...
Nigeria 492 connections. join to connect. lagos state university. university of leeds. ... the effect of poverty alleviation programmes on the development of small and medium scale enterprises,2006. lagos state university. lagos state university bsc ... abiodun fatai lecturer at lecturer at lagos state university. nigeria.
Jun 01, 2018nbsp018332table 5 shows that x 2 calculated value 438.4 is greater than x 2 table value 9.49, i.e. x 2 c gt x 2 t at 0.05 level of significance. the null hypothesis h o is rejected.the result of the hypothesis tested revealed that small-scale enterprises are making significant impact on poverty alleviation in the country through employment opportunities they provide to the people .