THE ROLE OF SMALL SCALE INDUSTRY IN guinea pig DEVELOPMENT IN NIGERIA Ayozie Daniel Ogechukwu, Delta State University, Abraka, Delta State, Nigeria, The Federal Polytechnic, Ogun State, Nigeria Abstract A business whether small or big, simple of complex, private or public is created to provide competitive prices. Business in Nigeria has been classified as small, medium and large. In both the developed and ontogenesis countries, the judicature is turning to small and medium scale industries, as a means of economic development and a bona fide means of solving problems. It is also a seedbed of innovations, inventions and employment. Presently in Nigeria, SMEs assist in promoting the growth of the countrys economy, and then all the levels of government at different times possess policies which promote the growth and sustenance of SMEs. Small scale effort orientation course is part of the Nigerian history. Evidence abound in the communities of what successes our great grand parents, made of their respective trading concerns, yam barns, cottage industries, and the likes.
The secret behind the success of a self-importance reliant strategy does not lie in any(prenominal) particular political philosophy, so much as the pluralitys attitude to enterprise and in the right inducement is adequate enough to make risk worthy businesses a necessity for the nation. There had been many policy actions by the government, political agencies and the private sector to promote SMEs in Nigeria. Many experts blob marketing as a major problem and applicable solution to the growth of SMEs. This paper identifies the historical development and orientation of SMEs in Nigeria, tackles the operational definition and scope, describes the role of the Nigerian government as a participant, regulator and facilitator, both legally and politically in the growth of SMEs. It identifies the marketing problems of SMEs in Nigeria, the provision and economy of beneficial and supportive laws, the provision of infrastructural facilities,... If you want to get a full essay, order it on our website: Orderessay
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