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040 _aCY-NiCIU
_btur
_cCY-NiCIU
_erda
041 _aeng
090 _aYL 248
_bA96 2009
100 _aAyodeji, Akoja Roseline
245 _aFinancing industrial development in Nigeria
_bA case study of the small and medium enterprises in Kwara state
_cAkoja Roseline Ayodeji; Supervisor: Hasret Balcıoğlu
260 _aNicosia
_bCyprus International University
_c2009
300 _aX, 61s.
_btab.
_c30.5 cm
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
504 _aAppendix (48 - 61 p.)
504 _aReferences (44 - 47 p.)
520 _a'The industrial landscape of the Nigerian economy is highly dominated by the small and medium scale enterprises. This explains the growing importance attached to policy formulation and implementation strategies embarked upon by the various governments towards the development and growth of the small and medium enterprises sub - sector. The study was designed to address the financing of industrial development in Nigeria and with particular emphasis on the Small and Medium Enterprises (SMEs) sub - sector in Kwara State. Hence, the ownership structure, entrepreneur's capacity development, sub - sector type of the SME, source of start - up (seed) capital, source(s) of business/ financial information and membership of business/trade organization formed the core indices that were examined. Using the survey method of research, a structured questionnaire with three inter - related sections was administered on a sample of 170 Small and Medium Enterprises in Kwara State. The sample was pre - selected on the basis of the data obtained from agencies relevant to the operations and existence of the Small and Medium Enterprises. The analysis of the data collected including the testing of the hypotheses were carried out using simple descriptive statistical tools and the chi - square method of analysis. The major findings of the study concluded that the ownership structure, entrepreneur's capacity development level. Small and Medium Enterprises sub - sector type, source of seed capital, source(s) of business/ financial information and the membership of trade/ business organization significantly affect the financing of Small and Medium Enterprises in Kwara State. The sole proprietorship type of ownership, low capacity development of entrepreneurs, low size of annual revenue and emphasis placed on Small and Medium Enterprises sub - sector type constituted a clog in the financing of the SMEs cum industrialization process in Kwara State. Also, the resource to owner's savings as a source of seed capital, usage of unreliable information source(s) and the non - membership of business/trade organizations by SMEs greatly impaired their financing. The following recommendations which emanated from the study, suggested that the government and other relevant agencies should coordinate their efforts at the finance (by way of equity) to the SMEs, streamline their activities in the capacity building process, adopt and implement measures in SME financing and implement industry specific measures that will solve the problem of low revenue accruing to the SMEs. It was also recommended that the relevant agencies should take steps towards seed capital formation by building on indigenous systems and capacities of entrepreneurial development and growth, evolve and implement policies to ease the collection and dissemination of information and promote the incentive/policies that accentuate the formation of SME clusters into virile organizations while encouraging inter - organizational linkages and efficiency. Although this study has provided some insight on critical factors that enhance or militate against the positive contributions of the SME in the industrialization process of Kwara State, further investigations into sub - sector heterogeneity with respect to the financing of industrial development through the Small and Medium Enterprises was also recommended. Keywords: Small and Medium Scale Enterprises, Industrialization, Finance, Entrepreneur, Sub - sector, Underemployment, Unemployment, Credit Schemes, Loans, Financial Institutes, Chi - square, Population, Sample Size, Kwara State, Nigeria. '
650 _aSmall and medium scale enterprises
650 _aKüçük ve orta ölçekli işletmeler
650 _aFinancial institutions
650 _aFinansal kurumlar
700 _aSupervisor: Balcıoğlu, Hasret
_91656
942 _2ddc
_cTS
505 1 _g1
_tCHAPTER 1
505 1 _g1
_tINTRODUCTION
505 1 _g1
_tBackground Information
505 1 _g2
_tObjectives of the Study
505 1 _g3
_tSignificance of the Study
505 1 _g4
_tScope of the Study
505 1 _g4
_tResearch Hypothesis
505 1 _g6
_tCHAPTER 2
505 1 _g6
_tLITERATURE REVIEW
505 1 _g6
_tIntroduction
505 1 _g6
_tThe Definition of Small and Medium Enterprise
505 1 _g6
_tThe Importanceof Small and Medium Enterprise in the Industrial Dvelopment of a Nation
505 1 _g10
_tSmall and Medium Scale Enterprise in Nigeria
505 1 _g12
_tCredit Financing Schemes
505 1 _g16
_tTechnical/Managerial Development
505 1 _g17
_tPolicy Frameeork to Support SMEs
505 1 _g18
_tProblem of SMEs in Nigeria
505 1 _g20
_tCHAPTER 3
505 1 _g20
_tRESEARCH METHODOLOGY
505 1 _g20
_tIntroduction
505 1 _g20
_tBrief Description of Kwara State
505 1 _g20
_tPopulation and Sample Size
505 1 _g21
_tMethods of Data Collection
505 1 _g22
_tMethods of Data Analysis
505 1 _g24
_tCHAPTER 4
505 1 _g24
_tDATA PRESENTAION AND ANALYSIS
505 1 _g24
_tIntroduction
505 1 _g24
_tData Presentaion and Data Analysis
505 1 _g32
_tTesting of Hypothesis
505 1 _g38
_tSUMMARY,CONCLUSION,LIMITATION AND RECCOMENDATION
505 1 _g36
_tDiscussion and Findings
505 1 _g38
_tCHAPTER 5
505 1 _g38
_tSUMMARY, CONCLUSION,LIMITATION, AND RCOMMENDATIONS
505 1 _g38
_tIntroduction
505 1 _g38
_tSummary of Findings
505 1 _g40
_tConclusion
505 1 _g40
_tReccommendations
505 1 _g42
_tContribution of the Study to Knowledge
505 1 _g44
_tREFERENCES
505 1 _g48
_tAPPENDICES
999 _c285
_d285