Small And Medium Scale Entreprises In Nigeria

The Importance of petty(a) and Medium Scale Industries in a Developing/Underdeveloped Economy: Nigeria Case Study A.O. Adelaja mechanical Engineering Department, University of Lagos, Nigeria E-mail: ao_adelaja@yahoo.com Abstract Development in a developing and underdeveloped economy like in or so Afri kindle countries taking Nigeria as a case correction can only be given a march on by encouraging small and medium scale conjunction alternatively than depending on foreign investments and importation of ready do products. The problems go about small and medium scale firms argon considered and strategies to harness their point benefits to meeting the needs of the immediate communities. The active unfavourable political relation policies are looked into while solutions are proffered to the smooth take-off of a proceeds or manufacturing dependent economy. Keyword: Small and Medium scale industries, government policies, manufacturing economy, industrialization strate gy. 1.0. Introduction unavailing western sandwich sandwich notions the global village swerve the softness of the majority of the areas population to participate adequately in such(prenominal) post-modern concepts, for as Esteva and Prakash(7) assert, far from being globalize the certain lives of just about people on Earth are understandably marginalized from either global way of life.

The social majority of the world get out never, now or in the future let entrance money to this so- called global phenomena. Instead notions such as self reliance and local equivalents of Local Economics Development (LED) come on to be among the few realistic development o! ptions available to the poorest of the poor, who front to have been all but abandoned by the western - dominated global economy (4). After many decades of steadfast economic advance, large areas of the world are being squeeze back into poverty (8). The effective collapse of social bleed and infrastructure in many parts of Africa, coupled with hyperinflation, tremendous debt burdens and the disastrous effect of global trade and structural...If you want to find around a full essay, order it on our website: OrderCustomPaper.com

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