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

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:-

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.
To assess to what extent the government and other financial constitutions have helped through provision of financial assistance to the industry.
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.

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?
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.
To what extend would improved capital outlay enhance the business fortunes of Alpha Paper Mills Industry

The researcher therefore made the following recommendations:

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).
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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