This project work expatiates on the major roles small sale industries have helped to the development of Nigeria’s economy.
CHAPTER TWO
Literature review
2.1 The origin of the subject area
CHAPTER THREE
3.1 Data presentation
INTRODUCTION
The fact remains clear that small-scale business has been and will continue to be the foundation or root of any big business today. It could be understand as economic history that many advanced countries of the world which have attained the height of industrialization, started as more small scale firm, which later metamorphosed into gigantic corporations. Nigerians desire to concentrate on developing the infant indigenous firm has always been buttressed by and reflected in a wide range of economic policies. Infact, the present consciousness on the part of every segment of the society including the government of small medium industrial growth cannot be surprised, and the delay in appreciating the sector as an economic catalyst is frustrating.
This particular study covers a typical small-scale industry that has played a major role on other industry but the sachet water industry with particular reverence to REDIMA water, Enugu. However, the evolution of satchel water industries in Nigeria started as a result of people’s inability to obtain canned spring water. Sachet water becomes the major means of drinking water outside one’s home, considering the fact that, the cost per sachet is low compare to canned water is so meager when compare with those that drink sachet water. This simply means that sachet water has a higher rate of turnover to canned water.
Meanwhile, REDIMA water is located at Enugu East, Enugu. It can be traced at No. 25 Ozoudor Street, by state Housing Estate, Abakpa Nike Enugu. The quantity that is contained in a sachet is 5ocl enough to be sipped by an individual. Its major mode of distribution is by truck delivery and by private hawking. This REDIMA water is very affordable and this has made many people to drift from canned water to satchet water. As a result, the demand for the importation and production of canned water has reduced to a large extent. Thereby being an attempt of self-reliance by Nigerians.
To be frank, economy self-reliance is not only discussed extensively in Nigeria but in all West African countries. The call by the economic community of the West African States (ECOWAS) to her member states stop or at least minimize the export of her raw materials to the advanced or industrialized nations to minimize the importation of food and to look inward to help themselves by encouraging small scale industries.
Small-scale industries provide the backbone for cottage and rural industrialization. They are important in the development of rural economy in that they widen the economic social and standard of living of the people in the area of employment.
This has been the case of REDIMA water since its operation in the area both skilled and unskilled is given employment opportunity.
The economic crisis in the 80’s really helped to revive the interest in small-scale sectors, which is based on the fundamental role of entrepreneurship, and management skill in the development.
The poor employment features faced by so many countries in African with particular references to Nigeria emphasize the need for a more employment intensive path of development in this future. For this to be achieved, there should b a large number of small scale industries scattered all over the country.
The limitation of small-scale industry has to led a massive unemployment of the youth, which now result o increase in crime rate in the country. Due to lack of small industry in the rural area in particular, there has been an alarming rate in rural urban migration especially for youth in search of non-existing white collar jobs. It is now obvious that, a good number of people may have no option that establishing their own small industry as entrepreneurs, self-employed persons as a means of livelihood.
This is why various government has been encouraging to establish of small-scale industries more especially in rural area to provide employment opportunities and indeed reduce rural urban migration.
Based on the problems of employement researcher was moved to carryout a thorough study on how small-scale industries like REDIMA water can contribute in the economic development of Nigeria. On the course of the research, positive views were reached. That is the respondents that were questioned majority of them agreed that small industry like REDIMA can contribute to the development of the economy on the ground that certain problems will be corrected. Problems like sanitary problem (i.e. improper disposal of waste sachet) low level of technology, lace of managerial ability, poor method of distribution, poor storage environment etc.
Its major concern here is to discuss.
The importance of the study cannot be over emphasized. A lot of people will benefit from this study, ranging from skilled, unskilled, illiterate, literate, rich and poor, industrialist etc. some of the beneficiaries are mentioned below.
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