THE CONTRIBUTION OF SMES IN THE DEVELOPMENT OF NIGERIA ECONOMY AN OVERVIEW OF NIGERIA ECONOMY BETWEEN 2010-2017

TABLE OF CONTENTS

Approval Page ii

Dedication iii

Certification iv

Acknowledgement v

Table Of Contents vi

Chapter One 1

1.1 Introduction 1

1.2 Statement Of The Problem 3

1.3 Objectives Of The Study 4

1.4 Research Questions 4

1.5 Significance Of The Study 4

1.5 Scope Of The Study 5

1.6 Limitation Of The Study 5

1.7 Research Methodology 5

1.7.1 Population Of The Study 5

1.7.2 Sampling Technique And Sample Size 6

1.7.3 Sources Of Data 6

1.7.4 Research Instruments 6

1.7.5 Method Of Data Analysis 6

Chapter Two 8

Literature Review 8

2.1 Concept Of Small And Medium Scale In Nigeria 8

2.2 Basic Characteristics Of Small Scale Enterprise 9

2.3 Types Of Small Business 11

2.4 Source Of Fund To Small Businesses Sources Of Initial Capital 12

2.5 Government Influence On Small Business Enterprises 16

2.5.1 Financing Smes By The Formal Finance Sector Ffs 18

2.5.2 Small And Medium Enterprises Credit Guarantee Scheme (Smecgs) 19

2.5.3 Small And Medium Enterprises Equity Investment Scheme (Smeeis) 20

2.5.4 Agricultural Credit Guarantee Scheme Fund (Acgsf) 20

2.5.5 Microfinance Financing 21

2.6 Constraints To Smes Financing In Nigeria 22

2.7 Innovations To Overcome The Financing Constraints 23

2.8 The Role Of Small Scale Business In The Development Of Nigeria Economy 25

2.9 Data Presentation, Analysis And Interpretation 27

Chapter Three 35

Summary, Conclusion And Recommendation 35

3.1 Introduction 35

3.2 Summary Of Finding 35

3.3 Conclusion 36

3.4 Recommendations 38

References 40

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