THE PROBLEMS OF FINANCIAL SMALL SCALE INDUSTRIES IN NIGERIA (ALPHA PAPER MILL LTD. OGIDI)

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THE PROBLEMS OF FINANCIAL SMALL SCALE INDUSTRIES IN NIGERIA (ALPHA PAPER MILL LTD. OGIDI)

CHAPTER ONE

  1. Introduction                                                              1

1.1   Background of the study                                            1

1.2   Statement of Problem                                                3

1.3   The objective of the Study                                         3

1.4   Scope of the Study                                                    4

1.5   Research Questions                                                   4

1.6   Significance of the Study                                           5     

CHAPTER TWO     

  • Review Of Literature                                                 7

2.1   Definitions of Small Scale Industry                            7

2.2   Sources of Financing Small Scale industry                  12

2.3   Importance of Small Scale Industry                            13

2.4   Problems of Small Scale Industry                               13

2.5   Summary of Reviewed Literature                                14

CHAPTER THREE

  • Methodology                                                             16

3.1   Research Design                                                        16

3.2   Area of Study                                                           16

3.3   Population of the Study                                             16

3.4   Instrument of Data Collection                                     17

3.5   Method of Administration                                          17

3.6   Method of Data Analysis                                           18

CHAPTER FOUR            

  • Data presentation and results                                     19

4.1   Summary of results/findings                                       24

CHAPTER FIVE

5.0   Discussion conclusion –

implication and recommendation                                        25

5.1   Discussion of findings                                               25

5.2   Conclusion                                                                26

5.3   Implications of the Results                                         27

5.4   Recommendations                                                     27

5.5   Limitations of the Study                                            28

        References                                                                29

        Appendix.                                                                 30

ABSTRACT

        This project work was on attempt to investigate the problems of financing small scale industries in Nigeria.

        The main objectives were:-

  1. To examine the financing of small scale industries in general and Alpha Paper Mill Ltd, Ogidi in particular and an aid to profit maximization and increases in the level of employment.
  2. To  assess to what extent the  government and other financial constitutions have helped through provision of financial assistance to the industry.
  3. To provide information and other sources of capital to enable the Alpha Paper Mill to take advantage of it and broaden its capital outlay.

The study  were based on the  following research questions.

  1. To what-extent is it true that inadequate finds hamper the growth and survival of small scale industries in general with particulars references to Alpha paper Mill Ltd, Ogidi?
  2. As a small business, does it have financial problems impending its operations and what sources of fund available to them? If not what sources of find that the company should undertak.
  3. To what extend would improved capital outlay enhance the business fortunes of Alpha Paper Mills Industry

The researcher therefore made the following  recommendations:

  1. Government should set-up loan of loan to small scale industries.  The need for this has greater urgency show than before of the  increasing financial difficulties of small scale business under Structural Adjustment Programme (SAP).
  2. Government through the central bank should adopt the policy tah will make it easier for small scale industries to secure loan from commercial banks.

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