Creating Enabling Environments for Small and Medium Enterprises(SMEs)to Contribute to Nigerian Development

Gberevbie, D.E. and Ogbari , M. E. (2007) Creating Enabling Environments for Small and Medium Enterprises(SMEs)to Contribute to Nigerian Development. Ghana Journal of Development Studies, 4 (2). pp. 11-32. ISSN 0855-6768

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Abstract

It has been observed that small and medium scale enterprises ( SMEs) are the bedrock of a nation's industrial and technological advancement. Hence, creating ·an enabling environment for SMEs to thrive will result in development. This paper examines the enabling environment with particular reference to good governance as a basis for SMEs to contribute towards national development. The analysis is informed by primary data from interviews conducted in Nigeria and secondary data from relevant journals, books, Internet and newspapers. The paper concludes that for the dream of Nigeria's industrial and technological advancement to materialize, the Federal Government should address the issues of inadequate finding and the mode of funding of SMEs as well as the provision of adequate infrastructu'!"e to boost the expansion ofSMEs. In addition, the government should create an enabling environment that is free of insecurity in order to motivate both local and foreign investors to contribute meaningfully toward the establishment and expansion ofSMEs. By so doing it will be possible to advance the Nigerian national dream of becoming an industrial and technological giant ..

Item Type:	Article
Uncontrolled Keywords:	Small and Medium Enterprises, Good Governance, Enabling Environments, National Development
Subjects:	H Social Sciences > HF Commerce
Divisions:	Faculty of Law, Arts and Social Sciences > School of Management
Depositing User:	Mr Solomon Bayoko
Date Deposited:	29 Oct 2014 13:05
Last Modified:	29 Oct 2014 13:05
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/2885

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