CONTRIBUTION OF SMALL SCALE INDUSTRIES IN THE ECONOMIC DEVELOPMENT OF NIGERIA
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CONTRIBUTION OF SMALL SCALE INDUSTRIES IN THE ECONOMIC DEVELOPMENT OF NIGERIA
ABSTRACT
The importance of small-scale industries in the development of the Nigerian economy cannot be overstated, as they have made significant contributions to the Nigerian economy. It is critical to map out the role of these small-scale industries in the Nigerian economy.
This study attempts to X-ray the contributions of small-scale companies to the Nigerian economy, using Enugu state as a case study, despite the multiple challenges it has faced over the years.
Nowadays, the Nigerian economy cannot survive on its own without the contributions of these businesses, and this study will undoubtedly go a long way towards identifying their importance to the development of our national economy.
The source of finance for this sector of the economy, as well as a hindrance to Nigerian industrial growth. Previously, we did not discuss locally created items in Nigeria because of the country’s poor economy and the preference for imported goods over locally made goods, but now Nigerians cannot do without some locally made things.
Furthermore, in this research, I will focus on the significance of these industries in the Nigerian economy and why the government should promote the development of these small-scale industries.
And these factors, when addressed by the government, will go a long way towards contributing more to the development of the Nigerian economy.
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