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INTRODUCTION In Nigeria, the majority of the populations (70%) live in the rural areas in conditions of poverty, limited access to health, sanitation, education and other facilities. Majority of Nigerians are poor and are concentrated in the rural areas depending directly on agriculture, small and medium scale enterprises for their livelihood. The vicious cycles of poverty has been sustained by a strong orientation of the greater segm […]
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19,951 Words
1.1 BACKGROUND OF THE STUDY Man, Since the past ages, has been battling with procurements of a reasonable standard of living and the ways of managing his perpetual inadequate. The eventful development of organised Society had to the Institution of government. During the 15th Century, when mercantilism was the order of the, government had right to interfere with the economic process to protect the interest of the nation (as then seen ma […]
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INTRODUCTION 1.0 Background Small scale enterprises are a major component of the Ugandan business sector that sustained the economy through the hard times when all the different sectors of the economy were in disequilibrium. In 1986, Uganda undertook economic reforms through the IMF/World Bank funded Structural Adjustment Programs (SAPs). Like in many developing countries these reforms were meant to change the Economy from an inefficie […]
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INTRODUCTION PROBLEM IDENTIFICATION AND PURPOSE OF THE STUDY. Nigeria financial institutions have over the years given support on various developments projects across the country. (Agbo 2000) In line with this, they were suppose to have givien such financial assistant to small scale industries to enable them hence their administrative structure and industries have over the years been hampered by insufficient capital, lack of know how, […]
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INTRODUCTION 1.1 BACKGROUND OF THE STUDY. Financial institutions have a very great role to play in the growth of small scale business everywhere in the world but I will limit my discussion to their roles in Nigeria. Financial institutions could be seen as an institutions which primary function is collecting and giving out funds to individuals, firms, organizations etc. for business purposes. From the definition of financial institution […]
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A clear understanding of managerial functions is very important for the accountant who must provide the necessary information which managers need to perform their functions. In a modern competitive economy the availability of relevant, timely and accurate information especially for planning controlling pricing and other decisions are the immense concerns to modern managers. Management provides information for decision-making in any org […]
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An investigation into the activities of NACCIMA in the development of small and medium scale industries in Nigeria is an interesting topic. The population for this study comprises the officials of NACCIMA Enugu. Information was gathered using questionnaires distributed to fifty employees/ officials of which only forty were returned. The interview method was inclusively used to gather information for this work. In this project work all […]