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An investigation of small and medium scale enterprises (SMEs) of agro-allied and livestock business on Nigerian economy: A case study of selected SMEs in Ikorodu Local Government Area of Lagos state

Nnaji, Lucky (2020) An investigation of small and medium scale enterprises (SMEs) of agro-allied and livestock business on Nigerian economy: A case study of selected SMEs in Ikorodu Local Government Area of Lagos state. Masters thesis, Dublin, National College of Ireland.

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Abstract

The study is an attempt to examine the impact of Small and Medium Scale Enterprises (SMEs) of agro-allied and livestock business on Nigerian economy using Ikorodu Local Government Area of Lagos State, Nigeria as a case study. The growth could help to stabilize and make agriculture more appealing, creating opportunities for employment in both the production sector and marketing sector. The objective of the study is to know the potent nature of the competitive strategy of agro-allied and livestock SMEs, to investigate the contributory importance to the socio-economic development, to discover the effectiveness of financial and economic policy of government, to identify the challenges and to proffer the needed solution to the challenges facing the agro-allied and livestock SMEs in Nigeria. In total they were five research questions and hypotheses that were raised and answered. The study adopted methodology is survey research methods. The population of the study consist of 1441 SMEs in Ikorodu Local Government Area. The sample size of this study is 100 respondents. Data collection was done by the use of questionnaire. The data collected was analyzed using simple percentage and Pearson correlation analytical method to test the hypotheses generated for the study. The findings from the study revealed that agro-allied and livestock SMEs has contributed immensely in the areas of food security, job creation and opportunity, improved standard of living in Nigeria. Also, government has provided financial and economic policy of government to support agro-allied and livestock SMEs but has not been successful in carrying out their assigned duties coupled with challenges ranging from lack of infrastructure to support through technical assistance and multiple taxation from government. The study therefore recommend that government should provide an enabling and conducive environment for agro-allied and livestock business through the provision of soft loans and credit facilities and adequate infrastructure in Nigeria.

Item Type: Thesis (Masters)
Subjects: S Agriculture > S Agriculture (General) > Farming Industry
H Social Sciences > HD Industries. Land use. Labor > Specific Industries > Agriculture Industry > Meat Production
H Social Sciences > HD Industries. Land use. Labor > Small Business Sector
Divisions: School of Business > Master of Science in International Business
Depositing User: Dan English
Date Deposited: 11 Feb 2021 09:45
Last Modified: 11 Feb 2021 09:45
URI: http://norma.ncirl.ie/id/eprint/4733

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