THE PROBLEMS OF SMALL MEDIUM SCALE ENTERPRISE IN NIGERIA: A CASE STUDY OF GILEAD TABLE WATER EFFURUN DELTA CENTRAL SENATORIAL ZONE, DELTA STATE NIGERIA

ABSTRACT

The main purpose of this study is to identify the problems and prospects of small and medium scale enterprise in Nigeria using a case study of Gilead table Water in Effurun Delta State. To do this, data were collected from both primary and secondary sources. The main instrument of data collection was the questionnaire.

The data were presented in tables as frequency, distribution in the data analysis; the techniques of percentages frequencies were used. The hypotheses were tested with z-test technique at 5% significance level.

Having analyzed the data the following were the major findings;

Most of the operators of small and medium enterprise in Nigeria make an average daily turnover of N15,000 and profit of about N15,0O0 daily.

There has been a phenomenal growth in the dimensions and nature of small and medium enterprise in the Country.

The growth is mainly on account of people’s desire to be self-employed. From the outcome of our research work, some of the main problems of establishing and managing small and medium enterprise in Nigeria include lack of capital, lack of managerial skills, lack of innovative business ideas, high cost of operational facilities, scarcity of accommodation, lack of efficient preservation, system and poor environmental and sanitation.

 

TABLE OF CONTENTS

Title Page                                                                                        i

Dedication                                                                                                 ii

Acknowledgement                                                                                   iii

Abstract                                                                                                     vii

Table of Contents                                                                                    viii

CHAPTER ONE

1.1    Background of Study                                                                      1

1.2    Statement of the problem                                                              4

1.3    Objective of the Study                                                                    5

1.4    Hypothesis                                                                                      6

CHAPTER TWO

2.0    Literature Review                                                                            7

2.1    Conceptual Framework                                                                  7

2.2    Theoretical Literature                                                                     11

2.2.1 Types of Small and Medium Enterprise                                                14

2.2.2 Roles of Small and Medium Enterprise in Nigeria

          Metropolis in Job Creation and Poverty Eradication                  15

2.2.3Importance of Small and Medium Enterprise in Nigeria             17

2.2.4 Problems of Small and Medium Enterprise Enugu East            20

 

2.2.5 Prospect of Small and Medium Enterprise Nigeria                     22

2.2.6Challenges in Facing Small and Medium Enterprise in

Nigeria                                                                                             23

2.2.7Small and Medium Enterprise Credit Scheme: Case Study

Of Nigeria                                                                                        25

2.3    Empirical Framework                                                                      29

2.3.1 Ways of Encouraging Small and Medium Enterprise to

          Enhance National Development in Nigeria                                 33

2.3.2Government Refund on Small and Medium Scale and

Means of Administration                                                      36

2.3.3 Limitation of the Study                                                                   37

CHAPTER THREE

Research Methodology                                                                 39

3.1    Research Design                                                                            39

3.2    Area of Study                                                                        39

3.3    Source of Data                                                                                39

3.4    Sample Size Determination and Sampling Techniques                      40

3.5    Instrument                                                                                        40

3.6    Data Collection Procedure                                                            41

3.7    Method of Data Analysis                                                                41

CHAPTER FOUR

Data Presentation of Analysis                                                                43

4.1    Analysis and Interpretation of Data                                                        43

4.2    Test Hypothesis                                                                              57

CHAPTER FIVE

Summary, Recommendation and Conclusion                                      61

5.1    Summary of Findings                                                           61

5.2    Conclusion                                                                                      62

5.3    Recommendation                                                                 62

Bibliography                                                                                              65

Questionnaire                                                                                 69