Small And Medium Scale Entreprises In Nigeria

The Importance of exquisite 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 al virtually Afri kindle countries taking Nigeria as a case theater can only be given a wage increase by encouraging small and medium scale federation alternatively than depending on foreign investments and importation of ready make products. The problems go about small and medium scale firms be considered and strategies to harness their point benefits to meeting the needs of the immediate communities. The alert 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 strategy. 1.0. Introduction abortive western sandwich notions the global village swerve the softness of the majority of the areas population to participate adequately in such post-modern concepts, for as Esteva and Prakash(7) assert, far from being globalize the certain lives of most people on Earth are understandably marginalized from both global way of life.

The social majority of the world give never, now or in the future let recover to this so- called global phenomena. Instead notions such as self cartel and local equivalents of Local Economics Development (LED) come on to be among the few reali stic development options available to the po! orest of the poor, who reckon to have been all but abandoned by the western - dominated global economy (4). After many decades of unwavering economic advance, large areas of the world are being squeeze back into poverty (8). The effective collapse of social motion 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 rive around a full essay, order it on our website: BestEssayCheap.com

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