CHPATER ONE
INTRODUCTION
1.0 AN OVERVIEW OF THE STUDY
The Nigerian economy appears to have been able to reap the advantage obtainable from small scale industries scheme (SSIS) in the past. These include stimulation of indigenous entrepreneurship, transformation of traditional industries etc. in the same vein, these industries complain about neglect or lack of government interest in their search for rapid development. The existing lukewarm relationship was not in the best interest of the economy. As will be shown later, the experiences in many positive impact on the economics for many nations both developed and developing.
It is for these reasons that the government of Nigeria (Federal and State) started to show interest in SSIS from the 70s to the present day. Some of the positive actions taken by government include providing funds for some research into these industries, creating SSIS division or department as well as small-scale credit schemes in the various states and at the Federal level giving the subject a place in the national development plans of the 1970s and 80s particularly in the1981 – 1985 plan.
According to Okoye, (1996-175) The Fourth National Development Plan recognized that the annual rate of growth of output of small-scale industries of over thirty percent was much higher than that of the whole of the manufacturing sector of which it is subset and the contribution of the small-scale industries to value added was positive and infact, rising. To give adequate encouragement to the SSIS so that they could develop, grow and contribute substantially to the growth of the whole economy. During the current plan period, the government planned to undertake the following:
1. Provide more loans for small- scale industries
2. Provide the small-scale industrial scheme with infrastructures, extension services and other incentives and
3. Encourage the Nigerian Banks for Commerce and Industries to be more actively involved in the affairs of the small-scale industries scheme.
The implementation of the few programmes that have been outlined for the developing of the small-scale industries scheme in the past have often been hampered by the death of information on industries most especially with regard to their \number, size of employment, location, the constraints to their development, what motivate them, their economic contributions and so on. Hence, the need for adequate research into them to provide the basic data for effective planning. Detail and extensive nations-wide research on these industries in Nigerian have generally been lacking until the pioneering work of the industrial research unit of life in the early 1970s.
The first in the series of surveys carried out buy the Ife unit of SSES, covered the then Western State, Kwara Sate and Former Mid-Western State. A survey SSES in the former North Easter State was also carried out by this unit. The industrial survey unit of the University of Nigeria, Nsukka, and the Ahmadu Bello University Zaira also carried out similar studies in the remaining of the twelve state of the cournty6 at that time.
The objectives of those studied were similar and were meant to study and analyze the structure of SSES and, the pattern of ownership management and control in the SSES and as well as the size of employment, marketing procedures and level of education and training in the industries. The studies also sought to examine the extension services available to the industries and the impact of public policies on their general performance. The analysis of all those factors were aimed at assessing the role of small-scale industrial scheme in Nigeria’s economic growth. The research group carried out an enumeration exercise on th4e SSES in the states and attempt to measure and analyze certain variables and factors that were relevant to the achievement of the objective set. These variables include the level and source of capitalization ownership structures, age, level of education of entrepreneurs and employment.
A few years ago, the Federal Ministry of Industries commissioned some consulting firms and other groups of individuals to carry out a nation wide survey of SSIS. Theses studies were aimed at assessing the impact of the exiting SSIS on the development of the economy of each state. They were also to examine the linkage effects of output of small manufactures on bigger industries and vice versa. In addition, the study sought to determine the impact of Federal Government Assistance to they state for the development of SSIS credit and other schemes. The researchers working on these projects were also mandated to evaluate the performance of industrial centre, which were springing up in the state. Finally, the project tends to determine the potentialities possessed by the states for the establishment, development and growth of small-scale establishment in the state.
While these studies could have been said to provide a very useful insight into the operations and potentials of SSIS, they left many questions unanswered. The gap created by this is that this present study is back to fill, as will be shown in the scope of the present study. That apart, it is also important to emphasis that the study of these industries should be a continuous exercise as they are plagued with different problems at various stages of their development process. An attempt will be made in this study to carry out a more comprehensive and detailed study on the problems of small-scale business.
Osoba, (1998:3) noted that in recent times government policies in Nigeria emphasis small-scale business expansion and setting up new ones by private industries through the establishment of people’s bank, community banks, Nigeria bank for commence, credit and industry, export promotion thought many incentive to discourage export import and encourage local industries small-scale industries scheme (SSIS), geared towards encouraging the growth of small business.
| Project details | Contents |
|---|---|
| Number of Pages | 119 pages |
| Chapter one | Introduction |
| Chapter two | Literature review |
| Chapter three | methodology |
| Chapter four | Data analysis |
| Chapter five | Summary,discussion & recommendations |
| Reference | Reference |
| Questionnaire | Questionnaire |
| Appendix | Appendix |
| Chapter summary | 1 to 5 chapters |
| Available document | PDF and MS-word format |
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