The project is designed to talk on contribution of small-scale industry to
economic development of the Nation with particular reference to Enugu South
local government Area with a view of identifhying the prevailing problems that
beset their establishment.
From the result, the researchers was able to know the number of small scale
industries, which is eleven of them. The researcher was also able to find
out the total number of employees working in Enugu South local government
Area. To achieve the above objective, the researcher proceeded together
data from both primary and secondary sources.
Based on what was observed in this research, the researcher made her
recommendations that small-scale credit guarantee scheme will be established to
reduce the risk of lending to small industrialists.
TABLE OF CONTENTS
Statement of the
Significance of the
Objective of the
Scope of the
Limitation of the
Definition of Small scale Industry
Reasons why people own
Benefits of Small scale
Characteristics of Small scale
Number of Establishment and Discussion Types and Industry
Amenities the Establishment have access to
Disposal of by
Concentration of industry and the Attraction of Infrastructure
Small scale industry or business can be a farm which produces crops for sale,
it can be a factory which produces goods such as radios or it can be a shop
which buys from one group of persons and sells to another. Anyone can
start a business of an industry if he can obtain capital and if he is prepared
to risk losing it. He can borrow the capital from friends, relatives or
Economy defined businessmen as entrepreneur. The various governments of
this country local, state and federal had directed attention on the
establishment of gigantic industries in the urban and rural centres of the
country. They believed that large scale industry is the only yard stick of
measuring the economic power of any country.
In realization of this and in pursuance of its attainment, the federal
government created various agencies such as the Directorate of food, Roars and
Rural infrastructure (DFRRI) to work in partnership with the rural and urban
communities towards the provision of amenities such as rural roads, pipe born
water and electricity which are essential for the setting up of small scale
industry in Enugu South local government to enhance Economic development.
In addition, the National Directorate of employment was created to train and
develop school leavers skill for independence. The directorate also
provides financial and Technical assistance to individual wishing to start
business of their own. The federal government also established people’s
Bank, community Bank, small-scale business fund scheme and similar bodies whose
function are to provide financial assistance to individuals to set up small –
scale business. Commercial Banks were also directed to give part of their
loans to small scale industry in Enugu South local government.
1.1 STATEMENT OF PROBLEMS
The neglect of the nation’s rural areas vis-a vis small scale industry left a
serious break in the economic development and progress of the country.
This gap has resulted in the scarcity of essential goods and services with a
spiral effect of high inflation and general high price level and unequal
distribution of incomes.
Task of rural development also resulted in the mass Exodus of people from rural
areas to our urban centres.
Most of the traditional skills possessed by one people such as wood carving,
cloth – wearing and dyeing, mat making, iron smelting etc, have been deserted
in search of white collar jobs. As a result, most of these skills, which
could have been improved upon through encouragement and assistance of
individuals to set up modern small-scale industries have been neglected.
Besides, large scale industries which we thought formed the bed rock of
economic development have become white elephant projects, that do not serve
what they are established to serve. Some of them are producing under
capacity. Some have been shut down due to lack of spare parts and raw
materials. Others have become a breading ground for embezzlement by their
various boards of directors and top government officials.
Therefore, the inclusion of small-scale industrial policy in our economic plan
will serve as a milestone in the Technological takes off of our great
country. It will also encourage the spirit of entrepreneurship, which is
the highest hinge of free market economy and capitalism.
OF THE STUDY
The role of small-scale industry
in rural development cannot be over emphasized. The research is being
conducted with a view to ascertaining the benefit of sitting small scale
industry in rural areas. The study will be useful to the government,
public and private institutions, entrepreneurs, individuals, student and above
all the nation.
The government will find it
very useful in drawing up programmes and policies for rural development.
Equally economic planers in the government will take small-scale industries
into consideration while planning for the development and growth of the economy.
Public and private organization will also benefit from this study through
making them realize the importance of developing our rural areas.
Entrepreneurs will also gain
from the study by way of encouraging them to set up business in our rural
Moreover, it will encourage
individuals’ especially young graduates to get into business without depending
on government for employment. It will also serve as a driving force for
development of entrepreneurship in people.
Finally, student will find it
very useful guide on the conduct of a research relating to small-scale
1.3 OBJECTIVES OF THE STUDY
The objectives of this research is to ascertain the role and contribution of
the small scale industries play in the employment of people and in the
attraction of infrastructure and also in the development of rural areas of the
There is a significant different in proportion between concentration of
small-scale industry and the attraction of infrastructures in the locality.
there is no significant different in proportion between concentration of
small-scale industry and the attraction of infrastructure in a locality.
There is a problem of unconcerned attitudes between concentration of
small-scale industry and the attraction of infrastructure in Enugu South local
OF THE STUDY
This research work only cove5rs
the contribution of small-scale industry to Economic Development of Enugu South
local government and proffer suggested solutions to effective implementation of
these roles to economic development.
TERMS AND CONDITIONS APPLY
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