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Articles 31 - 40 of 40
Full-Text Articles in Entrepreneurial and Small Business Operations
Financing And Promoting Small-Scale Industries. Concept, Issues And Prospects., C. M. Anyanwu
Financing And Promoting Small-Scale Industries. Concept, Issues And Prospects., C. M. Anyanwu
Bullion
The importance of small-scale industries in promoting industrialization and economic growth has been recognized globally. This paper discusses the concepts and issues that are associated with the financing and promoting of small scale industries. Nigeria is blessed with vast natural resources, including oil, gas and solid minerals, already confirmed to exist in commercial quantities. Small-scale industries development can be used for achieving the objectives of the poverty alleviation programme of the Government, given that they are highly labour intensive. Nigeria is blessed with vast natural resources, including oil, gas and solid minerals, already confirmed to exist in commercial quantities. She …
The Role Of Development Finance Institutions (Dfis) In The Financing Of Small-Scale Industries (Ssis)., O. E. Essien
The Role Of Development Finance Institutions (Dfis) In The Financing Of Small-Scale Industries (Ssis)., O. E. Essien
Bullion
The post-independence Nigerian government adopted the import-substitution large-scale industrialisation strategy to accelerate the country's industrial development. Industrial output as well as industry's contribution to the gross domestic product (GDP) declined in the face of the strong national aspiration for the restructuring of the economy and reduction of the dependence on petroleum. Small and medium scale industries have since become the focus of national industrial policy. ln order to put our discussion into proper perspective, we need to know what we mean by SSls in the Nigerian context. The following are the current official definitions of industrial enterprises adopted by the …
Financial Small-Scale Business Under The New Cbn Directive And Its Likely Impact On Industrial Growth Of The Nigerian Economy., O. J. Nnanna
Financial Small-Scale Business Under The New Cbn Directive And Its Likely Impact On Industrial Growth Of The Nigerian Economy., O. J. Nnanna
Bullion
This examines the prospects of the current drive to ensure efficient and sustainable credit delivery system to the SSls. The rest of the paper is divided into three broad sections. The first section reviews and appraises past financing programmes / schemes, highlighting the major constraints on their performance. The current initiative of the Bankers' Committee is discussed in section two, focusing on its likely impact and underscoring the needed complementary policy measures. Section three summa-rises and concludes the paper.
Creating An Enabling Environment For Small-Scale Industries., K. M. Obitayo
Creating An Enabling Environment For Small-Scale Industries., K. M. Obitayo
Bullion
This paper explores how to create enabling environment for the development of small-scale industries (SSIs) which are globally noted for their immense contributions to development process and as engine of economic growth. The rest of the paper is divided into five sections. Section ll reviews the definition of SSls and highlights some relevant economic significance of SSls, Section lll reflects government's past efforts in supporting the developments of SSIs in Nigeria. Section lV discusses SSls constraints while Section V dwells on the key policy issues for creating an enabling environment for SSls. Finally, Section Vl, provides the concluding remarks and …
The Imperative For Energizing The Industrial Transformation In Nigeria., D. Olu Ajakaiye, A. Sesan Ayodele
The Imperative For Energizing The Industrial Transformation In Nigeria., D. Olu Ajakaiye, A. Sesan Ayodele
Bullion
The paper examined the imperative for energizing the industrial transformation. Given the foreign uncompetitive and high cost economic environment, the imperative for energizing the industrial transformation in Nigeria, is to create a conducive environment under which there would be free inflow of foreign investible funds. This may not be possible unless the current industrial environment changes to one whose enabling environment encourages industrial policy instruments that make Nigeria a least cost industrial producer. This suggests something drastic must be done policy-wise to modify the existing high bank-lending rate to make it supportive to the industrialization process. Besides, the depreciation of …
General Agreement On Tariffs And Trade (Gaff) And The World Trade Organisation (Wto): The Major Provisions And The Implication For Nigeria, O. A. Ogunlana
General Agreement On Tariffs And Trade (Gaff) And The World Trade Organisation (Wto): The Major Provisions And The Implication For Nigeria, O. A. Ogunlana
CBN Occasional Papers
This paper shall review the major provisions of the GATT with respect to the Multilateral Agreements on Trade in Goods only and the likely implications for Nigeria. The review of the General Agreement on Trade in Services and the Agreement on Trade - Related Aspects of Intellectual Property Rights shall be covered in another exercise. The rest of the paper is, therefore, organised into five parts. Part I discusses the GATT’s basic principles and the major agreements of the latest multilateral trade negotiations otherwise known as the Uruguay Round. The World Trade Organization, its major functions, structure and the decision-making …
Performance Evaluation Of Small-Medium Enterprises (Smes) In Nigeria., B S. Adebusuyi
Performance Evaluation Of Small-Medium Enterprises (Smes) In Nigeria., B S. Adebusuyi
Bullion
This paper attempts to evaluate the performance of the SME sub-sector in view of both the general and specific government developmental strategies and policies channelled to the sub-sector. The paper is structured into five sections. The first section reviews the definition, characteristics and roles of the SMEs. section II discusses government policies for the promotion of SMEs, and an evaluation of the performance of the sub-sector is undertaken in section III. The outstanding problems of the SMEs are outlined in section IV, while section V summarises and concludes the paper.
Problems And Prospects In Agricultural Financing In Nigeria Under Economic Deregulation., Odu Paul C.
Problems And Prospects In Agricultural Financing In Nigeria Under Economic Deregulation., Odu Paul C.
Bullion
The paper focus on the government economic deregulation in Nigeria in 1986 which was discussed in sections. Section I of the paper reviews the trends in the agricultural finance sector before and during SAP. The perspectives of agricultural lending under deregulation is discussed ln section II. Section III analyses the formal and informal credit to agriculture, and section IV reviews the policy implications/solutions of deregulation under agricultural financing, while section V concludes the paper.
A Review Of Small-Scale Enterprises Credit Delivery Strategies In Nigeria, E E. Inang, G E. Ukpong
A Review Of Small-Scale Enterprises Credit Delivery Strategies In Nigeria, E E. Inang, G E. Ukpong
CBN Occasional Papers
The paper reviews the crucial role of Small-Scale Enterprises (SSEs) in facilitating industrial development; some special advantages of existing credit schemes to small-scale enterprises: the peculiar handicaps which SSEs face, the most crucial being poor access to development finance, and highlights areas and ways in which credit guarantee and insurance schemes for SSEs could increasingly contribute to their development and growth in Nigeria. Notable among the credit schemes and institutions reviewed are the Small-Scale Industries Credit Scheme (SSICS) introduced in 1971; the Nigerian Bank for Commerce and Industry (NBCI) established in 1978: the Nigerian Industrial Development Bank (NIDB); the Central …
Government Industrial Policies In Respect Of Small And Medium Enterprises In Nigeria, K. M. Obitayo
Government Industrial Policies In Respect Of Small And Medium Enterprises In Nigeria, K. M. Obitayo
Bullion
The paper examines various government policies and their effects on the survival and growth of SMEs. It examines the concept of small or medium scale enterprise, what factors militate against their survival, growth and proliferation for which government policies have been formulated to address. The paper is structured broadly into four sections The first section gives an overview of the definition of SMEs, their characteristics and roles as well as recognised problems. Section ll discusses government policies for promoting SMEs. It reviews the monetary and fiscal policy measures adopted in respect of SMEs in Nigeria. Section lll appraises the impacts …