Authors :
TOKUNBO AMELIA MELAYE; SALEH MUSA SA’AD
Volume/Issue :
Volume 7 - 2022, Issue 10 - October
Google Scholar :
https://bit.ly/3IIfn9N
Scribd :
https://bit.ly/3UQZvs1
DOI :
https://doi.org/10.5281/zenodo.7312258
Abstract :
The objectives of the study, which focused on
the role of small scale industries in the development of
Nigeria, were to examine the extent to which small scale
industries have contributed to the development of the
Nigerian economy and to determine whether the number
of small scale industries has an effect on employment in
the Nigerian system A descriptive survey design was
employed. A multiple regression analysis was used to test
the impact of small-scale industries on the growth of
Nigeria's economy. The study held that SMEs
performance-tested namely, OP, ROCE, and EMP have a
significant impact on economic development measured by
GDP. It is, therefore, recommended that the government
should focus on infrastructure development, such as
roads, communications, and electricity supply. As part of
its efforts to boost domestic manufacturing, the federal
government should conduct a comprehensive review of its
customs, excise, and tariff legislation.
Keywords :
SMEs, Performance, Gross Domestic Product
The objectives of the study, which focused on
the role of small scale industries in the development of
Nigeria, were to examine the extent to which small scale
industries have contributed to the development of the
Nigerian economy and to determine whether the number
of small scale industries has an effect on employment in
the Nigerian system A descriptive survey design was
employed. A multiple regression analysis was used to test
the impact of small-scale industries on the growth of
Nigeria's economy. The study held that SMEs
performance-tested namely, OP, ROCE, and EMP have a
significant impact on economic development measured by
GDP. It is, therefore, recommended that the government
should focus on infrastructure development, such as
roads, communications, and electricity supply. As part of
its efforts to boost domestic manufacturing, the federal
government should conduct a comprehensive review of its
customs, excise, and tariff legislation.
Keywords :
SMEs, Performance, Gross Domestic Product
