International Journals of Economic and Business Management

Vol. 10(5), pp. 149- 160, October 2022 , 2022.

ISSN: 2384-6151

https://doi.org/10.14662/ijebm2022200

 

 

Full Length Research

 

The Contributions of Entrepreneurship Centre to Small and Medium Scale Businesses in Nigeria: An Evaluation of National Directorate of Employment (NDE) Lafia Nasarawa state.

 

1Amos Anyesha Audu, 2Mercy Asheadzi Daniel and 3Oyigbenu Zipporah Elijah.

 

1$ 2Department of Business Administration and Management, School of Administration and Business Studies, Isa Mustapha Agwai 1 Polytechnic, P.M.B.109 Lafia-Nasarawa State 3Department of Public Administration, School of Administration and Business Studies, Isa Mustapha Agwai 1 Polytechnic, P.M.B.109 Lafia-Nasarawa State.  

 

 

 

Accepted 21 October 2022

Abstract

 

It is evidence around the world that small scale enterprises provide effective means of inspiring indigenous entrepreneurship in enhancing greater employment opportunities and per unit of capital invested and aid development of technology. Through a wide spread, they offer an effective means of mitigating rural-urban migration and resource utilization. Furthermore, small and medium enterprise produced intermediate products for use in small scale enterprises and it contributed to the strengthening of industrial linkages in the country in general. The objectives include: To assess the importance of identified roles of small scale enterprises in the development of national directorate of employment and also, to determine whether or not the small scale enterprises make use of all the credit facilities available to them and the reasons for the stand they take, in relation with their initial capital. The challenge here include: Nigeria is currently witnessing an alarming rate of unemployment rate as it is growing in geometric progression. The economy is also increasingly finding it difficult to cope as Nigerian economy is waning and lot of experts have called for the creation of an enabling environment for small–scale enterprise to thrive. The research finding x-rayed that since the calculated value is less than the table value, we accept Ho and conclude that government policies have not been favorable to the establishment of small scale enterprise in Nigeria and aiding the NDE centre’s.

 

Keywords: Small-scale, Enterprise, Employment, Entrepreneurship, Capital, Economy.


 

Cite This Article As: Anyesha, A.A., Asheaddzi,.D. A., Oyigbenu, E. Z.(2022). The Contributions of Entrepreneurship Centre to Small and Medium Scale Businesses in Nigeria: An Evaluation of National Directorate of Employment (NDE) Lafia Nasarawa state. Inter. J. Econ. Bus. Manage.10(5): 149-160