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10,044 Words
INTRODUCTION According to annual report of the Central Bank of Nigeria, the Nigeria economy has performed less well in the 1980’s than the 1970’s. Much of the growth in both periods was based on performance of the oil sector. By 1970 oil output stood at 558 million barrels and increased to 823 million barrels by 1973. Between 1975 – 1985, oil output per day averaged between 1.8 and 2.3 million barrels respectively. With the dramatic ri […]
68 Pages
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9,121 Words
1.0 INTRODUCTION 1.1 GENERAL OVERVIEW OF THE STUDY Rural areas of Nigeria which house the majority of Nigerians are still plagued by a myriad of problem of under developed (Umebali 2000:04). Among others these included the following impediments: 1) Low capital base 2) Low level of income and productivity 3) Poor basic infrastructural facilities 4) Absence of non agricultural employment 5) Social welfare services, rapid rural urban m […]
39 Pages
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6,419 Words
1.0 INTRODUCTION 1.1 GENERAL OVERVIEW OF THE STUDY Co-operative societies in Nigeria, functioning as small scale business, have usually confined themselves to providing production and consumer goods, credit and service to their individuals members. In primary societies, membership averages between 20 and 40. It is rear to fins a cooperative in the country with a membership of more than 100, except in the urban an institution saving an […]
62 Pages
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6,869 Words
INTRODUCTION 1.1 BACKGROUND OF THE STUDY It is an undisputable fact that the contribution of microfinance to entrepreneurship activities is increasing being recognized as a primary engine of economic growth. (The Economist, May 18th 1996). By combining existing resources with innovative ideas, entrepreneurs add value through the commercialization of new products, the creation of new jobs and the building of new firms. The Global Entrep […]
55 Pages
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6,984 Words
Business feasibility study is a systematic study of ascertaining the feasibility of a business one is intending to venture into. The ultimate outcome of any feasibility study is a go/no go decision you either move forward or you don’t based on objective assessment of the situation. A feasibility study represent the first time in a project development process that the pieces are out together to create a technically and economically feas […]
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14,444 Words
Contribution of Business support system in entrepreneurial has highlighted its contribution of business support of small scale business and has helped to trance productivity, increase self reliance and employment opportunities. Support systems like, the Central Bank of Nigeria (CBN), Nigeria bank for commerce and industry (NBC) National Directorate of Employment (NDE), National Economic Reconstruction Fund (NERFUND), Industrial Develop […]
133 Pages
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16,603 Words
Government have set up agencies that are specifically charged with training the people, providing funds and other services for the promotion and development of entrepreneurship. This project work focused on the functions and achievement of government support agencies in the development of entrepreneurship in Enugu State with special reference to the national directorate of employment (NDE). It is the aim of this research to find out th […]