THE ROLE OF BANK OF INDUSTRY IN THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES (SMES) IN KADUNA

THE ROLE OF BANK OF INDUSTRY IN THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES (SMES) IN KADUNA

ABSTRACT

This research work is conducted on the role of bank of industry in the development of small and medium enterprises (SMEs). The aims and objectives of the study is to analyze the various role played by bank of industry in developing small and medium enterprises as well as the activities of government policies, such as provision of infrastructural facilities provision of local finance facilities, funding of industries and institutions like SSICS, CIRD and FIIRO. The researcher uses the questionnaire and interview method to collect the data from the respondents. The analysis and crossed tabulation of data gathered were done using the mean statistical method with the 1-5 Likert rating scale for proper accuracy in arriving at a dependable decision rule. Lastly the researcher concluded that, the bank of industry was able to maintain its customer because they do welcome whatever kind of financial assistance, therefore, he finally recommended that, the government should also endeavour to appoint the workers to teach the entrepreneur who does not have the advantage of attending seminar or workshops especially the illiterate ones and keep supervising them in right way.

TABLE OF CONTENTS

CHAPTER ONE: Introduction

1. Background of the study –        –        –        –        –        –        1
2. Statement of the problem          –        –        –        –        –        –        3
3. Objectives of the study    –        –        –        –        –        –        4
4. Significance of the study –        –        –        –        –        –        5
5. Research questions          –        –        –        –        –        –        –        8
6. Scope of the study –        –        –        –        –        –        –        8
7. Limitation of the study   –        –        –        –        –        –        8
8. Definition of terms          –        –        –        –        –        –        –        9

CHAPTER TWO: Literature Review

2.0     Introduction –        –        –        –        –        –        –        –        11

2.1     Conceptual Framework of small and medium  enterprises –        12

2.2     Definition    of small and medium enterprises        –        –        –        14

2.3     Reasons for small and medium  enterprises   –        –        –        20

2.4     Reward for entrepreneurs –        –        –        –        –        –        21

2.5     Bank of Industry   –        –                  –        –        –        –        27

2.6     Government and small and medium  enterprises     –        –        29

2.7     Summary of Review        –        –        –        –        –        –        36

CHAPTER THREE: Research Methodology

1. Introduction –        –        –        –        –        –        –        –        38
2. Research design     –        –        –        –        –        –        –        38
3. Area of study         –        –        –        –        –        –        –        39
4. Population of the study   –        –        –        –        –        –        39
5. Sample size and sampling technique   –        –        –        –        39
6. Instruments for data collection  –        –        –        –        –        40
7. Validation of the instrument     –        –        –        –        –        40
8. Reliability of the instrument     –        –        –        –        –        41
9. Methods of data collection        –        –        –        –        –        41
10. Method of data analysis   –        –        –        –        –        –        42

THE ROLE OF BANK OF INDUSTRY IN THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES (SMES) IN KADUNA