THE IMPACT OF SMALL AND MEDIUM ENTERPRISES FINANCING ON POVERTY REDUCTION IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
Nigeria, like other developing countries, has continued to grapple with the menace of poverty despite several economic policies and programmes implemented by various governments. This study was therefore undertaken to assess the impact of small and medium enterprises financing on poverty reduction in Nigeria from 1991 to 2010. Using ordinary least square (OLS) analytical technique, data from the central bank of Nigeria (CBN) statistical bulletin were obtained. Findings revealed that there is a significant relationship between small and medium enterprises financing and poverty reduction in Nigeria. However, inflation rate has a negative relationship with poverty. Nonetheless, exchange rate has a positive relationship with poverty, whereas unemployment has a strong negative correlation with poverty in Nigeria. It was concluded that small and medium enterprises financing has a positive relationship with poverty in Nigeria. It was therefore recommended inter alias that adequate attention should be given to small and medium enterprises through channeling of more resources to the sector. And that the government should as a matter of urgency diversify the economy and create more jobs for the increasing population to reduce the unemployment rate in the country, thereby reducing poverty.
Related Project Materials
THE IMPACT OF TECHNOLOGY ON INTERNATIONAL ACCOUNTING PRACTICES
THE IMPACT OF TECHNOLOGY ON INTERNATIONAL ACCOUNTING PRACTICES
ABSTRACT
This research aims to investigate (1) the influen...
AN APPRAISAL OF THE IMPLICATION OF ELECTRONIC BANKING NIGERIA BANKS (A CASE STUDY OF DIAMOND BANK)
ABSTRACT
Electronic banking have long been recognized to play an important role in economic development on the basis of...
AN ANALYSIS OF THE CONCEPT OF VICTIMS OF CRIMES IN NIGERIA
ABSTRACT
It is not exaggeration that despite the effort of NAPTIP and other bodies like the ILO, there are still cases and reports of wom...
AN ANALYSIS OF VERBS AND ADVERBIAL PHRASES: USES AND PROBLEMS IN CONTEXUAL GRAMMAR
ABSTRACT
This research is focused on verb and adverbial phrases, their uses and problems in contextual grammar. Data was...
ANALYSIS OF FACTORS RESPONSIBLE FOR LOW PRODUCTIVITY IN THE CIVIL SERVICE
ABSTRACT
This study was carried out on the factors responsible for low productivity in the civil service using Enugu Sta...
SOCIO-ECONOMIC AND CULTURAL FACTORS MILITATING AGAINST COMMUNITY DEVELOPMENT IN IDEATO LOCAL GOVERNMENT AREA OF IMO STATE.
ABSTRACT
Over the years, Ideato North Local Government Area of Imo state has been experiencing a slow rate of development in the area. Ba...
EFFECT OF CLASS SIZE ON STUDENTS’ ACADEMIC PERFORMANCE IN SOCIAL STUDIES
Background to the Study
According to Adeyemi and Adu (2010), it is widely accepted that education is on...
DESIGN AND IMPLEMENTATION OF COMPUTER SECURITY: DATA ENCRYPTION, DECRYPTION AND KEY HASH ALGORITHMS
STATEMENT OF THE PROBLEM
The problem is security. The password method used in almost all commercial ope...
ANALYSIS OF POVERTY ALLEVIATION ON PLANTAIN AND BANANA FARMERS IN OVIA SOUTH WEST AND OVIA NORTH EAST IN EDO STATE, NIGERIA
BACKGROUND OF THE STUDY
One of the most challenging problems comforting the Nigeria nation today is how...
THE IMPORTANCE OF WASTE MANAGEMENT TO ENVIRONMENTAL SANITATION
ABSTRACT
Sanitation is an important foundation for health, economic development and well-being hence waste management (Bartram &Cairn...
