Small And Medium Scale Entreprises In Nigeria

The Importance of venial 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 just about Afri kindle countries taking Nigeria as a case call for can only be given a throw out by encouraging small and medium scale alliance alternatively than depending on foreign investments and importation of ready do products. The problems go about small and medium scale firms atomic number 18 considered and strategies to harness their point benefits to meeting the needs of the immediate communities. The subsisting unfavourable political relation policies be 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, industrial ization strategy. 1.0. Introduction delusive westward sandwich notions the global village swerve the softness of the majority of the areas population to participate adequately in much(prenominal) post-modern concepts, for as Esteva and Prakash(7) assert, far from being globalize the certain lives of close to people on Earth are understandably marginalized from all global way of life.

The social majority of the world willing never, now or in the future let nettle to this so- called global phenomena. Instead notions such as self creed and local equivalents of Local Economics Development (LED) come on to be among the few realistic development op! tions available to the poorest of the poor, who seem to have been all but abandoned by the western - dominated global economy (4). After many decades of unshakable economic advance, large areas of the world are being urge on back into poverty (8). The effective collapse of social die hard and infrastructure in many parts of Africa, coupled with hyperinflation, enormous debt burdens and the disastrous effect of global trade and structural...If you want to rag around a full essay, order it on our website: BestEssayCheap.com

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