Project Materials

BUSINESS ADMINISTRATION

THE EFFECT OF SMALL AND MEDIUM BUSINESS FINANCING ON NIGERIA’S POVERTY RELIEF

THE OF SMALL AND BUSINESS NCING ON IA’S POVERTY RELIEF

DOWNLOAD THE COMPLETE PROJECT MATERIAL

Abstract:

Despite the fact that multiple economic policies and programs have been put into place by a number of different governments, Nigeria, along with other developing countries, continues to struggle with the problem of extreme poverty.

Therefore, the purpose of this y was to evaluate the influence that financing for small and medium firms had on the reduction of poverty in Nigeria between the s 1991 and 2010. The statistical bulletin published by the Central Bank of Nigeria () was used as the source for the data that was analyzed using the ordinary least square (OLS) technique.

According to the findings, there is a clear connection between the financing of small and medium firms and the reduction in the level of poverty in Nigeria. On the other hand, the rate of inflation is correlated negatively with levels of poverty.

In spite of this, the exchange rate has a high positive link with poverty in Nigeria, but unemployment has a large negative correlation with poverty. It was determined that a positive association exists between finance for small and medium firms in Nigeria and the level of poverty that exists there.

As a result, it was suggested, among other things, that adequate attention should be paid to small and medium firms by ing more resources into the sector. And that the government should make it a priority to diversify the economy and generate more for the growing population in order to bring down the rate of unemployment in the country and, as a result, bring down the level of poverty in the country.

THE OF SMALL AND BUSINESS NCING ON IA’S POVERTY RELIEF

DOWNLOAD THE COMPLETE PROJECT MATERIAL

 

Need help with a related project topic or New topic? Send Us Your Topic 

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisements