ABSTRACT
This study “Promotion of Small and Medium Enterprises (SMEs) in the development of Okehi LGA, Kogi State was undertaken to find out the extent to which the SME sub-sector in Kogi State has performed its critical role of driving the country’s industrial transformation and development as it has done in some states in Nigeria and also to identify what impedes its development so as to proffer remedial measures. The study examined the performance of the Small and Medium Enterprises (SMEs) sub-sector of the Nigeria Economy, poverty reduction in the rural community in order to play the crucial role it is expected to play. A total of 55 SMEs were randomly selected from a cross section of a population of 60 SMEs spread among local government areas of Kogi State covering virtually all forms (Sole Proprietorship, Partnership, Private Limited Company etc and kind of services manufacturing, processing, educational etc) of business were part of the study. Through a simple random sampling process four banks, a microfinance bank inclusive were selected for the study. Two sets of questionnaires were constructed for the SMEs and Banks and administered on the participants. The responses to the questionnaires were complemented with the personal interviews of the key operators by the researcher. The responses of the participants were analyses using statistical package for social science (SPSS) which generated frequency distribution, means, variances, correlations, analysis of variance etc of the responses. The main hypothesis of this research were tested at 0.5 level of significance using chi-square statistics with a view to identifying the level of entrepreneurship development occasioned by the promotional effort of government and other organizations in Kogi State. The challenges faced by the SMEs and the relationship between the form and nature of the business enterprise and its sources of funding for its operations in the state are also statistically and hypothetically identified, poverty reduction, employment creation among others.
CHAPTER ONE
INTRODUCTION
1.1BACKGROUND OF THE STUDY
1.2STATEMENT OF THE PROBLEM
1.3OBJECTIVES OF THE STUDY
1.4SIGNIFICANCE OF THE STUDY
1.5RESEARCH QUESTION/HYPOTHESIS
1.6 SCOPE OF THE STUDY
1.7 LIMITATION OF THE STUDY
1.8.DEFINITION OF TERMS
CHAPTER TWO
LITERATURE REVIEW
2.1INTRODUCTION
2.2 THE CONCEPT OF SMALL AND MEDIUM ENTERPRISES
2.3THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES IN NIGERIA
2.4GOVERNMENT AND PRIVATE SECTOR’S CONTRIBUTIONS IN THE PROMOTION OF SMALL AND MEDIUM ENTERPRISES
2.5PERFORMANCE REVIEW OF SELECTED SMALL AND MEDIUM ENTERPRISES IN OKEHI LGA, KOGI STATE
2.6REVIEW PROBLEMS OF SMALL AND MEDIUM ENTERPRISES IN OKEHI LGA, KOGI STATE
2.7THE NEED FOR PROMOTION OF SMALL AND MEDIUM ENTERPRISES
2.8SOME CHALLENGES FACED BY MOST SMALL AND MEDIUM ENTERPRISES (SMES)
CHAPTER THREE
RESEARCH METHODOLOGY
3.1INTRODUCTION
3.2RESEARCH DESIGN
3.3AREA OF THE STUDY
CHAPTER FOUR
PRESENTATION AND ANALYSIS OF DATA
4.1INTRODUCTION
4.2CHARACTERISTICS OF THE RESPONDENTS
4.3PRESENTATION AND ANALYSIS OF DATA
4.4PROOF OF HYPOTHESIS
4.5SUMMARY AND DISCUSSION OF FINDINGS
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
5.1SUMMARY
5.2CONCLUSION
5.3WHY SMES IN OKEHI LGA HAVE PERFORMED BELOW STANDARD
5.4RECOMMENDATIONS
REFERENCES
APPENDIX