International Journal of Social Science & Economic Research
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Title:
CHALLENGES AND PROSPECTS OF THE GROWTH OF SMALL AND MEDIUM SCALE ENTERPRISES (SMES) IN NIGERIA: A REVIEW ARTICLE

Authors:
EDIM N. OBIM , ATSEYE FIDELIS ANAKE , RITA E. OBIM


Volume - 2 Issue - 12, Pages - 5552-5566

Abstract:
SMEs are regarded as engine room of economic growth and development. They are indispensable in all categories of economies (developed or developing). This paper attempts a discourse on the challenges of SMEs' growth in Nigeria. The implications and prospects of such growth are x-rayed. The authors argued that the rich potentials of SMEs can be harnessed to stem the tides of poverty, unemployment, insecurity and youth restiveness across the various regions of Nigeria. However, the challenges facing the growth of SMEs in Nigeria can be overcome through government policies and programmes, individual participation and collaboration with local and international donor agencies.

Cite this Article:

[Anake, Atseye, Fidelis. "CHALLENGES AND PROSPECTS OF THE GROWTH OF SMALL AND MEDIUM SCALE ENTERPRISES (SMES) IN NIGERIA: A REVIEW ARTICLE." International Journal of Social Science and Economic Research, vol. 2, no. 12, 2017, pp. 5552-5566. December.]

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