Roles of Small Scale Enterprises in Economic Development of Nigeria: A Case Study of Warri, Delta State

Authors

  • S. O. Omogbiya Department of Business Administration, Delta State Polytechnic, Ozoro, Delta State, Nigeria

Keywords:

Economic Development, Small Scale enterprise, the role

Abstract

This survey aims at examining the role of small scale enterprises in the economic development of Nigeria – A case of Warri, Delta State. Structured questionnaire was employed in the course of gathering relevant data for the study. The instrument was administered on 150 employees of thirty small scale enterprises in Warri, Delta State selected randomly. Data were analysedusing frequency table and simple percentage. The results indicate among others that small scale enterprises contributed significantly in the economic development of Nigeria. Hence, it is concluded that the role of small scale enterprises has significant relationship with the provision of employment opportunities and rendering of social servic in Nigeria. The study recommends proper planning and effective take-off of small scale enterprises, proper financial and accounting practices, effective credit control system, among others .

Author Biography

S. O. Omogbiya, Department of Business Administration, Delta State Polytechnic, Ozoro, Delta State, Nigeria

 

 

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Published

2023-06-01

How to Cite

Omogbiya, S. O. (2023). Roles of Small Scale Enterprises in Economic Development of Nigeria: A Case Study of Warri, Delta State. International Journal of Finance and Management in Practice (IJFMP), 1(1&2), 25–30. Retrieved from http://icidr.org.ng/index.php/Ijfmp/article/view/548

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Articles