ABSTRACT
This research work was undertaken to examine the impact of small scale business enterprises as a catalyst of poverty alleviation. The purpose of the research work was intended to find out solution to the problems of small scale business enterprises in Dutse local government questionnaire were distributed to two hundred people which was simple random sampling from the population, and the research work found out that the small scale business is the catalyst of poverty and government support small scale business enterprises.
TABLE OF CONTENTS
TITLE PAGE ………………………………………………………………….I
APPROVAL PAGE...........................................................................................II
DECLARAITON...............................................................................................III
CERTIFICATION……………………………………………………………..IV
DEDICATION....................................................................................................V AKNOWLEGEMENT.......................................................................................VI
ABSTRACT .............................................................................................. …….X
CHAPTER ONE
INTRODUCTION
1.1 HISTORICAL BACKGROUND OF THE STUDY .............................. ..2
1.2 STATEMENT OF THE PROBLEMS ......................................................3
1.3 OBJECTIVES OF THE STUDY ..............................................................4
1.4 SIGNIFICANCE OF THE STUDY ...........................................................4
1.5 RESEARCH HYPOTHESIS ......................................................................5
1.6 SCOPE AND LIMITATION OF THE STUDY…………………………5
1.7 DEFINITION TERMS .............................................................................6
CHAPTER TWO
LITERATURE REVIEW
2.1 INTRODUCTION ......................................................8
2.2 HISTORICAL PERSPECTIVE OF RESEARCH AREA………………..8
2.3 DEFINITION OF THE TERM SMALL SCALE BUSINESS……………9
2.3.1 CHARACTERISTICS OF SMALL SCALE BUSINESS ........ . ..........10
2.3.2 FUNDING OF SMALL SCALE BUSINESS ................ . .......... . …….11
2.3.3 THE ROLE OF SMALL SCALE BUSINESS IN ECONOMIC DEVELOPMENT……………………………………………………………11
2.3.4 IMPORTANCE OF SMALL SCALE BUSINESS TO THE NIGERIAN ECONOMY ………………………………………………………………..14
2.4 POVERTY ..................................................................................... ……15
2.4.1 POVERTY ALLEVIATION PROGRAMMES ....................................15
2.4.2 METHOD OF ALLEVIATING POVERTY ..........................................17
2.4.3TRADERMONI…………………………………………………………18
2.4.4 NIRSAL …………………………………………………………………21
2.4.5 SMEDAN ……………………………………………………………….23
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 INTRODUCTION ...............................................28.
3.2 AREA OF THE STUDY .........................................................................28
3.3 RESEARCH DESIGN .............................................................................29
3.4 POPULATION OF THE STUDY ..........................................................29
3 .5 SAMPLE AND SAMPLING TECHNIQUES ......................................29
3.6 INSTRUMENTS OF DATA COLLECTION .......................................30
3.7 METHOD OF DATA ANALYSIS AND PRESENTATION .............30
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
4.1 INTRODUCTION ............................................................................ 31
4.2 PRESENTATION AND ANALYSIS OF DATA ..................................31
4.3 TEST OF HYPOTHESIS ……………………………………………….38
4.4 RESEARCH FINDING...........................................................................39
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 SUMMARY ............................................................................................. 40
5.2 CONCLUSIONS ........................................................................................ 40
5.3RECOMMENDATIONS..............................................................................40. APPENDIX 1 REFERENCE ............................................................................42
CHAPTER ONE
INTRODUCTION
1.1 INTRODUCTION
There is need to express the development of small business. A small independent business is everywhere and in every line of work. Many people want to be their boss someday; these goals serve as an entrepreneur. Most especially now that people have come to realize that it does not pay to work as civil servant but rather think of business of their own. In recent time in this country government (state and federal) have championed the campaigns for individuals most especially those unemployed ones to become creative and stop searching for jobs that are not there, rather they should start thinking of how to get themselves in fore create employment for themselves, if possible employ other people.
Also small scale business dominated the overall business activities in Nigeria. They can be established by individuals, groups, companies or cooperative but whatever the nature of small business such business shares the same general characteristics of being one. It is interesting to note that most business started as small then expanded and grew at the same time it will be risky to assume that small business and industry are exactly the same.
Many people in today’s indigenous giant enterprises started as one person operation, they strived over the years to grow bigger.
As substantive as the number of today’s Nigerian, who are determined more than ever to quit their job, (despite the battled shape of the economy) and start their own business of course, many of the firm (newly established ones) have failed despite the much time, effort money committed and in reality the entrepreneur, failed due to one problem or the other.
1.2 HISTORICAL BACKGROUND OF THE STUDY
Dutse mining “rocks” has its qualifier Gadawur come from the word of a legendary hunter at an incident in Garu town then a rock forest. Some time in memorial the hunter was said to heave notice 3 suddenly crossing of an antelope taken by surprise he said “Yanzu Naga Gada (Antelope) Wur (Crossed) Tawuce”. Mean it is just now I saw antelope crossed, these word of hunter Gada (antelope) and Wur crossed where the origin of Dutse Gadawur. The ancient city of Dutse but ample historical evidence available suggest that Dutse have existing as retail out lot any organized kingdom for more than six hundred (600) years, the Kano chronicle for distance relate about war between Sarkin Kano Abdullahi Burja at Dutse in the first half of 15‘h century (1400-1450AD). This shows that not only Dutse was retails but was even parsing thrent to the expanding Kano kingdom the years between 1500-1800AD witness remarkable achievement in the field of retail outlet, politics, administration, culture and the building of the city was which have thirteen gates (13). For instance entered the trade network that linked Ganja Kano and Bauchi region. What was just remarkable however was that Dutse remarked a independent political entity throughout the speech over the loss, in the opening years of the nineteen century as a result of Jihad pointed at. By Usman Dan Fodio, Dutse lost it is independent and fold under influence of Kano. This not with intending Dutse maintain a semi independence status as historical fact available indicate sufficient to not that, Dutse has two (2) dwelling dynasty tracing to the champion of the Jihad moment in Dutse scale M. Lawan and Muse Dan Malam Amoda who provide the successive Sarkin Dutse Apulo the presents day, Dutse was a local government in old Kano state since before the creation of Jigawa state in the year 1991 August 27, Jigawa state was created by federal military government under General Ibrahim Badamasi Babangida Administration and Dutse was announced to be the state capital city or head quarter that is why Dutse became Municipal local government in Jigawa state. The mounting poverty level in developing economies is posing significant threat to the very existence and sustainability of the economies. In Nigeria, various economic programme introduced by various governments in the past have not significantly reduced the level of poverty. The failure of various development programme to impact on the level of welfare of the citizens in terms of poverty reduction particularly through employment generation. This triggered a new focus on the role and importance of small and medium sized enterprises as a viable channel to attaining economic growth and development (Agumagu, 2006).
1.3 STATEMENT OF THE PROBLEM
1. A small scale business needs finance in order to run the business, majority of our people lack finance that will be used in order to establish businesses that will develop a rural community(Dutse local government)
2. Also majority of the people who operate small scale business are not educated enough to permit the raped growth and expansion of their business viz-a-viz piloting the overall sustainable socio-economic development of their areas.
3. Many of the people who operate a small business does not have, technical known - how to run the business which resulted to ineffective and failure of the business.
1.4 OBJECTIVE OF THE STUDY
The main purpose of this research is to examine small scale enterprises and poverty eradication in Dutse local government. Other objectives include to:
i. Examine the effect of small businesses in the development of Nigeria economy.
ii. Find the financing opportunities available to small scale business in Nigeria.
1. Evaluate the efforts of past and present government in promoting the small business in (Dutse) Nigeria through various institutions.
iv. Examine the effect of small scale business operation in poverty eradication.
1.5 SIGNIFICANCE OF THE STUDY
It is hoped that the findings and recommendations of the study will be of great benefit through the following ways:
The study will broaden students understanding about the effect of Small scale Enterprise in the eradication of poverty.
The study will also of great benefit to the public by bringing to their awareness about the existence of small scale business and the roles it played 1n upgrading the society welfare The study will also help entrepreneur to expound 1n their various business lines, equipping them about how source for support from fnanC1al institution.
1.6 RESEARCH HYPOTHESIS
The research hypotheses of the study are:
1) Hi= Small scale business facilitates pove1ty alleviation.
Ho= Small scale business does not facilitates poverty alleviation.
2) Hi= Small scale business bring about raped socio-economic development.
Ho =Small scale business does not bring about raped socio-economic development.
3) Hi= Small scale business helps or contribute in reducing social vices through alleviating poverty.
Ho= Small scale business does not help or contribute in reducing social vices through alleviating poverty.
1.7 SCOPE AND LIMITATION OF THE STUDY
• This study is limited to Dutse Metropolis Area and its entire people because the information needed to see to the actualization of the study can easily be generated and be of benefit to the research by limiting may research information finding in Dutse local government area.
• Data information, for the research must be collected by the researcher and in the process faces problems, of cost, the time and non-discloses of some information by the respondent.
• Time Frame, this is the time that you waste when doing research
1.8 DEFINITION TERMS
The following term used in this study should be taken to mean the following
1. ECONOMIC DEVELOPMENT: it can define as the process whereby a country’s real per capital gross national product of income increases over a sustained period of time through continuing increases i.e. per capital productivity.
2. ECONOMY: the word is used to mean a particular system of organization for the production, distribution, and consumption of all things people use to achieve a certain standard of living.
3. POVERTY ERADICATION: Poverty reduction (or poverty alleviation) is any process which seeks to reduce the level of poverty in a community, or amongst a group of people or countries.
4. BUSINESS: Refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
5. SMALL-SCALE ENTERPRISE: is a business that employs a small number of workers and does not have a high volume of sales. Such enterprises are generally privately owned and operated sole proprietorships, corporations or partnerships. The legal definition of a small-scale enterprise varies by industry and country.
6. ECONOMIC GROWTH: This is a quantitative increase over a country’s level of output both goods and services at a particular period of time.
7. CAPITAL INVESTMENT: Capital investment can be define to men business capital to an economy it means man made resources loosed in further production to an allocation to simply means to many values of the access of over capital.
8. CREDIT FACILITY: Credit facility can be defined as facility given by a bank to its customers with a view of helping them to expand their business operations credit facility is derived as through:
9. LOCAL: This is money a bank gives to its customers or those that meet thi requirement of the bank.
10. OVERDRAFT: This type of credit facility is given only to these who have current account with the bank in order to enjoy it. The amount allowed a customer to with draw, is an amount more than amount he has in the bank account.
11. MANAGEMENT BANK: Management can be defined as the process of planning organization, directing, coordinating and controlling for the purpose of achieve organizational goals and objectives.
12. COMMERCIAL BANK: Commercial bank may be defined as a financial institute Which carries out retails banking services set up for keeping and lending money a people.
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