User Guide before placing order for complete project topics and materials:

It is important that the researcher knows exactly what he is go to do so that I could be done effectively.Make sure you update any research work you purchased on our website. Do not copy word for word. Using our research is legal. Our aim is to provide project topics and materials for easy access to information and to reduce stress of moving from one book stop or library to another in the name of sourcing for one research textbook or research materials. We do not encourage any form of plagiarism. Our aim is to generate research project ideas for students. The contents of the project material provide will help students to generate new ideals. Every researcher must look around him in his immediate environment and beyond to improve the work. To order the below complete project materials, Make payment deposit or cash transfer into any of the following banks:

GTBANK

Account Name: Chi E-Concept Intl, Account Number: 0115939447

Other payment options

We accept cash deposit, cash transfer and Bitcoin.

Click on download to complete your order.Call or Whatsapp +23408063386834

CLICK HERE TO CHAT WITH OUR CUSTOMER SUPPORT TEAM ON WHATSAPP

THE PROBLEMS AND PROSPECTS OF SMALL-SCALE INDUSTRIES IN NIGERIA ECONOMY.

(A CASE STUDY OF ALPHA PAPER MILL LTD OGIDI)

 

CHAPTER ONE

INTRODUCTION

 

          Finance has been identified as one of the major factors for the development of small-scale industries in Nigeria economy. For the establishment of small-scale business in Nigeria, the first factor to consider is the availability and source of fund for setting up the industry. Small-scale business is an organization that can be measured by various characteristics and some of these are its sales volume, capital investment, ownership structure and the number of paid employees.

          Small-scale industry has been give different definitions by the people and authorities at different times. However, the level of capital employed remains a relevant factor for identifying the small-scale industries operations.

          Based on the general nation in the third national development plan 1976 – 1980 a small scale industry means an industrial understanding involving and undertaking total investment of up to but not exceeding (N150, 000)

          Having examined the definition with regards to the concept of small scale business, it is dammed necessary, for the purpose of this study to provide a basic frame work by adopting a more common definition small scale industry in Nigeria economy could be defined as one while is independently owned and operate. This definition is similar in scope of the one defined above by the authority in that it emphasizes independent ownership and management, and relative small-scale size in its area of operations.

          Some small-scale business start having problems from their very beginning due to amount of capital invested by the owners. This is because immediately the initial capital is used up, the business is finished.

 

1. STATEMENT OF THE PROBLEMS

 

Small-scale businesses are not due to take business ventures with high yielding potentials because of the numerous problems in obtaining adequate fund. These financial problems hamper all-important objectives of the business, its growth and survival.

This study is aimed at identifying these problems and determine to what extent these problems could be solved for the over all welfare of the small-scale business in the state in particular and nation in general.

It is hoped that by the end of the whole study, the problems facing small scale industrial credit financing in the country will be identified and solution profiled.

 

1.3     SIGNIFICANCE OF THE STUDY

 

This study is basically aimed at the following

• To examine the financing of small scale industries in general and Alpha paper mill Ltd, Ogidi in particular and an aid in profit inaximization and increase in the level of employment
• To provide information on the operation of a small-scale industries in Nigeria economy and also to light the attendant problems.

 

1. NEEDS/OBJECTIVES OF STUDY

 

Alpha paper mill Ltd, Ogidi is chosen for the case study of those financing problems facing small scale industrial in Nigeria economy because it typically represents a small scale industries concern and is likely to be confronted by the financing problems.

In view of the above, the objectives are to find out

• What causes the problems?
• How for the company has been aware of the problems and how far it has gone in solving them.
• Ways of eliminating the problems.

It is the writer opinion that it will be of immense value to the management in particular and the whole information in general. It will also provide industrialist, academicians. Besides, it is hoped that it will induce the government to reexamine the steps towards its policies and strategies for the development of nations in degenicous firms.

 

1. BASIC RESEARCH QUESTIONS

 

Here, are basic research questions that the study will be based on and they are as follows:

1. To what extent is it true that adequate funds hamper the growth and survival of small scale industries in general with a particular references to Alpha paper mill Ltd. Ogidi.
2. As a small-scale business does it have financial problems impending its operations and what sources of finance are available to them.
3. Are the sources adequate if not what other sources of fund that the company should undertake?

 

1. SCOPE OF THE STUDY

 

The study covered the problems in financing Alpha paper Mill Ltd. Ogidi the writer choose the company because it is already the company developed and well managed small scale business.

 

1. LIMITATION OF THE STUDY

 

The study was limited to time other constraints were time and fiancé as well as uncooperative attitude of the respondents. However, the study was successfully carried out irrespective.