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Wednesday, August 5, 2020 | History

2 edition of Operational research applications to Nigerian small- and medium- scale industries. found in the catalog.

Operational research applications to Nigerian small- and medium- scale industries.

Joseph Funso Akingbade

Operational research applications to Nigerian small- and medium- scale industries.

by Joseph Funso Akingbade

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  • 2 Currently reading

Published by The Author] in [S.l .
Written in English


Edition Notes

Thesis (D. Phil. ) - New University of Ulster, 1978.

The Physical Object
Pagination219p.
Number of Pages219
ID Numbers
Open LibraryOL13872803M

  The activities of the regulating body National Board for Small Scale Industries were also put into consideration. However, The research was limited to small and medium scale enterprises operator in Lagos metropolis due the schedule of the researcher. LIMITATIONS OF THE STUDY. As with all studies, limitations exist and must be acknowledged. Small scale industries plays a significant impact in the economic development of the nations especially Nigeria, it is because of our successive national development plans in Nigeria have emphasized on the importance of small scale business in rural areas as well as properly financed and manage.

  ABSTRACT This research work centers on the power supply and the performance of small and medium scale industries in Nigeria from – carrying out this study, secondary data were collected and empirical analysis was made to achieve these objectives, multiple regression were used in anglicizing the data. In investigating this problem, the researcher. SOURCES OF FINANCE FOR MICRO, SMALL AND MEDIUM ENTERPRISES IN NIGERIA G.O. Evbuomwan, A.E. Ikpi, V.O. Okoruwa, V.O. Akinyosoye Department of Agricultural Economics, University of Ibadan, Ibadan, Nigeria Abstract Initial attempts of developed and developing countries to eradicate poverty focused on the development of large scale industries.

small scale industry in nigeria: the financing question staff training as a correlate of workers productivity amongst selected banks in lagos state.(a case study of first bank and access bank nigeria plc.) strategic approach to the management of small business enterprises in nigeria (a case study of evarmila nigeria enterprise, lagos.). The National Board of Small Scale Industries (NBSSI) defines SMEs as enterprises that employ no more than 29 workers, with investment in plant and machinery (excluding land and building) not exceeding the equivalent of $, Small enterprises in Ghana are said to be a characteristic feature of the production.


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Operational research applications to Nigerian small- and medium- scale industries by Joseph Funso Akingbade Download PDF EPUB FB2

Assess the impact of accounting systems applied in small scale businesses in Nigeria. This study therefore seeks to assess the essence of keeping accounts in Small Scale Business in Nigeria. Specifically, the followings will achieve; 1. To ascertain the extent to which small scale business keep accounts of their financial transactions.

and Omotosho () stated that the National council on industry classifies small business enterprises in Nigeria with regard to employed labour force, and capital investment. Ojo () agrees that there is no consensus on the definition of small and medium scale enterprises (SME’s) as the terms small and medium are relative and.

The role play by Small and Medium Scale Enterprises (SMEs) in economic growth and sustainable development of any nation cannot be downsized.

Nigeria, in particular, SMEs serves as the major. The contribution of Small and Medium Scale Enterprises (SMEs) has been recognized as main sustenance of the economy because of their capacity in enhancing the economy output and enhance human welfare. On this basis, this paper assesses the contribution of small and medium scale enterprises to the economic development of Nigeria.

(f) In the new industrial policy for Nigeria small-scale industries are defined as those with total investment of between N, and N million excluding cost of capital but including working.

Small and Medium Enterprises Adidu and Olannye () stated that different countries have different basis of defining small and medium enterprises, some on capital investment, while others define it on the basis of management structure.

There are many definitions on small and medium scale enterprises (SMEs) as there are experts on the subject. a comparative analysis between india’s small scale industries (ssis) and nigeria’s smes 45 g. research questions 51 chapter three - methodology a. research methods and approaches used 55 b.

justification of the methods 59 c. instruments/tools used 61 d. research population and sample size Small and medium business enterprises are now days being viewed as important players in even and equitable economic development (Muriithi, ).According to the Kenyan small and medium finance.

Small and Medium Enterprises (SMEs) are defined differently by researchers (Abor & Quartey, ). In Ghana, the definitions used are based on capital requirements and on employment size.

Enterprises qualify as micro, small or medium-scale enterprises if they fulfill the maximum ceilings for staff headcount and capital investment. (USITC) that examines the domestic and global operations of U.S. small and medium-sized enterprises (SMEs). The Commission found that U.S.

exporting SMEs outperform their nonexporting SME counterparts by several measures. Whether they deal in services or. 2 Small Scale Industries million workers 3 Medium Scale Industries million workers 4 Large Scale Industries million and Above workers and Above Source: Adapted from Ubom ().

Thus, Small and Medium Enterprise (SMEs) refers to “any enterprise with a maximum asset base of. SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA: THE PROBLEMS AND PROSPECTS. Large –Scale Industry.

An industry with a total capital employed of over N million, including working capital but excluding cost of land or a labour size of over workers. Comparatively, most advanced countries seemed to have agreed on a maximum limit of employees as a small Firm.

Problems of Small and Medium Enterprises in Nigeria. In Nigeria, evidence has shown that insmall scale and medium scale Industries accounted for 70% of all firms, employing millions of Nigerians (first Bank of Nigeria report, ).

By the end ofover 80% of all establishments licensed under the factory act were small and medium scale Industries (Onwuala, ).

of research interests on their challenges and prospects. After Nigeria’s independence inmuch emphasis has been laid on the growth of small and medium scale industries as a means of reducing the incidence of poverty and unemployment in the country.

Since the adoption of. small-scale enterprises particularly since the adoption of the economic reform in The small and medium scale industry is seen as a key to Nigeria's growth and alleviation of poverty and unemployment in the country. Therefore, promotion of such enterprises in developing economies like Nigeria is of paramount importance since.

Shehu et al. () posited that small business owners create about 75% of job opportunities in Nigeria. But inspite of this, the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) reported that 80% of small and medium scale enterprises wind up after five years of commencing business operations.

Measuring Performance in Small and Medium Enterprises in the Information & Communication Technology Industries A thesis submitted in fulfillment of the requirements for the degree of Doctorate of Philosophy Donglin Wu M.

Mgt., School of Management College. (CBN), the Nigerian Bank for Commerce and Industry (NBCI), the Nigerian Industrial Development Bank. The situation changed in when the National Council on Industry unified the definitions in the light of prevailing circumstances into: a Small-scale enterprises as.

The study investigated the role of small scale enterprises in the economic development of Nigeria with specific reference to Small scale operators in Ijebu-ode local government area of Ogun state.

Three hypotheses were tested and it was found out that there is a significant relationship between the operations of SMEs and the growth of the. Now, Nigeria’s top ten (10) most profitable Small Scale Businesses in Nigeria. Below are the businesses known for profit generation from time immemorial, especially with the good application of high quality raw materials to produce great end products as well as an excellent producer – consumer/retailer relationship.

a. Sole proprietorship This is a feature of small and medium scale industries in Nigeria which is characterized by single management structure which combines ownership and management in one person.

Over 50% of business in Nigeria are run as sole proprietorship. This is indicated in a business where a person bears the risk of the business as well as the profit.In Nigeria the definition of small and medium enterprises also varies from time to time and according to institutions for instance, the Central Bank of Nigeria’s (CBN) monetary policy circular No: 27 of define small and medium enterprises in (exchange general commerce) as enterprises in which total investment (including land and working.