Role Of Small Scale Industries To Nigerias Economic Development

INTRODUCTION

It is an undisputable fact that Nigeria of the pre-independence era was predominately small scale in its productions and marketing activities. Industrial revolution brought about a shift from the orthodox trade by barter to a more sophisticated marketing system where consumers satisfaction becomes the ultimate goal of the most businesses. Thus small scale business becomes the next option since they stood a better chance of offering a more  personal relationship with customers as well as socio economic satisfactions of societal needs.

Unfortunately the   over concentration on t he oil sector which Nigeria  hoped will boost economic growth led to the negligence of the small scale industries until economic depression set in during  the oil boom period. This and other factors led to the   quest for private participation in the various economic sectors through the Small Scale Industries especially in the present civilian government where the Industrial Development Centres (IDCS )  have  embarked upon a loan scheme  for small business to enhance their contribution to national economic development. The question now is, will small scale contributes to  nation’s economic  development? One might wonder if this will be  realistic, but  it is quite obvious that Nigeria as a  country developing very slow due to economic dependency of the country. 

TABLE OF CONTENTS

CHAPTER ONE

CHAPTER TWO

LITERATURE REVIEW 

2.7.7.  MOTIVATION 

CHAPTER THREE

CHAPTER FOUR.   

CHAPTER FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

BIBLIOGRAPHY