THE IMPACT OF SMALL AND MEDIUM SCALE ENTERPRISES DEVELOPMENT ON YOUTH EMPOWERMENT IN NIGERIA
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- NGN 5000
ABSTRACT
This study was carried out on the impact of small and medium scale enterprises development on youth empowerment in Nigeria. The study was limited to Kaduna metropolis. Other problems in realizing the objectives of government‘s empowerment to small and medium scale enterprises are unregulated competition and inconsistencies in policies and programmes. The major data collection instrument to be use is the questionnaire. It will be structured with a four point likert scale to determine responses to the objective of the study. At the end of the study it was observed that, resources available for empowering SMEs in the Nigerian economy may not be considered adequate, that stringent regulatory controls of government on SM Es may affect their growth and development, that inability of SMEs to loans and other financial assistance may cause their failure, that absence of research and development on the activities of SMEs may affect their growth and development. it was therefore recommendations that, every effort should be given to discourage the difficulties of access to funds set aside for SMEs by financial institutions or the direct loans occasionally extended to them by the government by way of empowerment for sustainable development, regular training and retraining should be provided, for SMEs to reduce the perennial problems of inadequate managerial capacity and poor quality services and products. To this regard, facilities should be adequate for training and developing the human resources (managers) needed in translating business in the right question in an empowerment for sustainable development.
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