THE ROLE OF SMALL AND MEDIUM SIZED ENTERPRISES FOR ECONOMIC GROWTH

THE ROLE OF SMALL AND MEDIUM SIZED ENTERPRISES FOR ECONOMIC GROWTH

ABSTRACT

This study is on the role of small and medium scale enterprises on economic growth in Nigeria. Four objectives were raised which included; To identify the policies put in place by the Nigerian government in order to promote growth of SMEs in Nigeria, to ascertain the impact of SMEs on economic growth of Nigeria, to investigate the impact of SMEs on poverty reduction in Nigeria, to ascertain the relationship between the impact of SMEs and the economic growth of Nigeria. In line with these objectives, two research hypotheses were formulated and two null hypotheses were posited. The total population for the study is 200 staff from selected SMEs was selected randomly. The researcher used questionnaires as the instrument for the data collection. Descriptive Survey research design was adopted for this study. A total of 133 respondents made up managers, human resource managers, secretaries and accountants were used for the study. The data collected were presented in tables and analyzed using simple percentages and frequencies.ACKNOWLEDGEMENT

My unqualified gratitude goes to God Almighty, The Merciful and The Provider, who lavishly gave me the endurance, resilience, foresight and thoughtfulness to undertake this project and to complete it to satisfaction 
I wish to specially thank Prof. Klaus Solberg Söilen for giving me this opportunity to prove myself and also for all his vital feedbacks and supports
I will also like to appreciate my beloved wife, Adaobi Jacinta for showing me support and understanding throughout the period of my undertaking this research work.
Lastly I wish to acknowledge the contributions of Engr. Emeka Onuzuruike, my fellow distance learning MBA student at the Blekinge Institute of Technology who helped me proof read and objectively critique this work.
Onuorah Patrick
Lagos, Nigeria
December, 2009.
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