SOLVING UNEMPLOYMENT PROBLEM THROUGH THE ESTABLISHMENT OF SMALL SCALE INDUSTRIES IN NKANU EAST LOCAL GOVERNMENT OF ENUGU STATE
ABSTRACT
The level of labour force being consumed determines the progress of any given society. This is because it leads to a reduction in criminal acts and non-wastage of manpower, therefore, unemployment becomes a very crucial issue requiring great attention. In Nigeria, the story is the same, the establishment of small scale business is very vital for the solving of unemployment problem.
This research work focuses on solving unemployment problem through the establishment of small scale industries. Small scale business requires little capital investment, yet it controls a fair share of the market. Aguata Local government was used as the study area, to examine how small scale business has alleviated the unemployment menace.
Information for this research work was obtained through primary and secondary data. The sources of primary data were personal interviews, personal observation and questionnaire while secondary data was collected from Newspapers, journals and textbooks, tabular presentation, use of percentage to analyse the data obtained.
CHAPTER ONE
Introduction
1.1 Background Of The Study
To adequately appreciate how unemployment could be solved through the establishment of small-scale businesses in Aguata Local Government Area of Anambra State, there arose the need for an attempt at defining unemployment as well as small-scale business and later interwove both for the purpose of research.
Hornby (1974), in his revised and updated oxford Advanced Dictionary of current English defines this social evil, unemployment, as the state of being unemployed and amount of unused labour. On the other hard, small-scale business has been defined by Peter Ejiofor 91989), in his book Foundations of business Administration as those enterprises that have relatively little capital investment, that produce in small quantities and as a result control a small share of the market, that employ not more than fifty (50) workers in which management/marketing and entrepreneurial functions are vested in the proprietor. However, there is no definition of small-scale industry that is accepted universally. The definitions vary from one country to another. Even in a country, the definitions may differ from state to state and from institution to institution. Definitions are usually based on the level of economic development of the particular economy and purpose of the definition.
However, there are standard adopted by people who defined small-scale industry. In the opinion of Broom Longenecker (1983), the definitions are not rigidly fixed since people adopt different standards for different purpose with some of the standards being number of employees, asset size, volume of scales etc. generally accepted as a sound criterion is investment in fixed capital.
Also, Mr. Ejiofor P. (1989) sees small-scale business as a relative term because according to him, what may be regarded as a small-scale business can be large-scale to another. To him, the yardstick for measuring what constitutes a small-scale business will include the following:
1. The size of the business:
Since they are small in nature, most of them are usually small in size and occupies a small share of the market.
2. Type of management:
They are characterized by one man management, it is owner domination i.e. there is fusion of ownership and control. The owner manager participates actively in all levels of decision making and day to day management and operation of the firm.
3. Information flow:
This is are sided, that is to say, from the owner to his workers. Feedback is not encouraged.
4. Insufficient accounting records:
They have little or no accounting records; consequently banking or credit facilities from financial institutions are hardly availed to it.
5. Sole proprietorship:
They are usually piloted by sole proprietors who hardly want to go into partnership with others.
6. Cheap labour:
Most of the owners employ apprentice whom they can pay at a cheaper rate.
7. Small scale outlay:
Due to its nature and size, they usually have small investable capital to run the business.
Some examples of small-scale businesses are poulty, farming, fashion designing, hair dressing, small-scale trading / processing of agricultural produce like garri, yam flour, maize flour, palm oil, palm wire tapping, groundnut and banana hawking etc, gold / black something, came chairs/basket making, dyeing smelting works, leather works, making of farm tools like hoes, matchets and knives, production of cooking utensils like pots, kettles etc. wood carving, carpentry weaving, automobile, electronics repairs, photographic works and other cottage industries employing small time artisans.
According to Yakassi (1990), over the years, there has been controversy over the definition of small scale industry, which has lead to the following diverse definitions.
The central Bank of Nigeria defines small-scale industry as any industry “whose annual turnover doe not exceed N500,000.00 for commercial banks or capital investment not exceeding N2 million and turnover up to N5 million for Merchant Banks.
The NERFUN (National Economic Reconstruction Fund) defines small scale business as any enterprise requiring not more than N5 million excluding land to start operations, whereas the medium scale enterprise is any business requiring between N5 Million and N10 million, also excluding land to start up.
The FEDERAL MINISTRY OF INDUSTRIES defines small scale industry as a manufacturing processing or service enterprise whose capital investment does not exceed N250,000 on machinery and equipment only.
The definition is to lay down the parameters under which an industrialist may take advantage of various incentives created by the government for the growth of the small scale industries, such incentives include the granting of loans, machinery, equipment and raw materials.
The importance of small scale industries to the survival of the nations economy can no longer be waived. They have involve from the subsistence level of the pre-indegenisation period to a position of importance in the country’s industrial process.
Therefore, the authorities should not relent on the efforts of making small scale industries assume their role in the economy.
1.2 Statement Of The Problem
In the present day Nigeria, the society has been afflicted with high level of unemployment problems. This accounts largely for the vices that have bedeviled the country today such as obtaining by false pretence or advanced fraud popularly known as “419”, burglarly, robbery, bribery and corruption and other social ills. It is common knowledge that graduates produced by various institutions of higher learning and other highly skilled professionals hardly ever find suitable employment opportunities in Nigeria today. Youth corpers for instance on passing out, roam the streets in futile efforts to secure employment.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
Procedure for Downloading the PDF (Docx) Material
Solving Unemployment Problem Through the Establishment of Small Scale Industries in Nkanu East Local Government of Enugu State can be downloaded by requesting the full set of materials at the project or seminar cost. The document will be sent via Microsoft Word (MS-Word) format via WhatsApp (e-mail) following payment confirmation.
| Seminar Material Cost ₦3,000 | Project Material Cost ₦5,000 |
Request Complete Material
 | Click here to request the Complete Material via WhatsApp including;
|
TABLE OF CONTENTSPRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
1.0 Introduction
- 1.1 Background Of The Study
- 1.2 Statement Of The Problem
- 1.3 Purpose Of The Study
- 1.4 Scope Of The Study
- 1.5 Research Question
- 1.6 Research Hypothesis
- 1.7 Significance Of The Study
- 1.8 Limitation Of The Study
- 1.9 Definition Of Terms
- REFERENCES
2.0 Review Of Related Literature
- 2.1 Definition Of Different Authors
- 2.2 The Role Of Small Scale Business In Solving Unemployment Problem
- 2.3 Contributions Of The Federal Government To The Development Of Small Scale Industries.
- 2.4 Source Of Fund Available To The Small Business.
- 2.5 Characteristics Of Small Scale Business
- 2.6 Advantages Of Small Scale Business
- 2.7 Disadvantages Of Small Scale Business
- REFERENCES
3.0 Data Presentation And Analysis
- 3.1 Presentation And Analysis Of Data
- 3.2 Summary Of Results
- REFERENCES
4.0 Discussions, Conclusions, And Recommendations
- 4.1 Discussion Of Results/Findings
- 4.2 Conclusions
- 4.3 Implication(S) Of The Result Findings.
- 4.4 Recommendations
- 4.5 Suggestions For Further Research
- REFERENCES
- BIBLIOGRAPHY
- APPENDIX
Disclaimer for Complete Material Utilization
The displayed research work titled "Solving Unemployment Problem Through the Establishment of Small Scale Industries in Nkanu East Local Government of Enugu State" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
PRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
1.0 Introduction
- 1.1 Background Of The Study
- 1.2 Statement Of The Problem
- 1.3 Purpose Of The Study
- 1.4 Scope Of The Study
- 1.5 Research Question
- 1.6 Research Hypothesis
- 1.7 Significance Of The Study
- 1.8 Limitation Of The Study
- 1.9 Definition Of Terms
- REFERENCES
2.0 Review Of Related Literature
- 2.1 Definition Of Different Authors
- 2.2 The Role Of Small Scale Business In Solving Unemployment Problem
- 2.3 Contributions Of The Federal Government To The Development Of Small Scale Industries.
- 2.4 Source Of Fund Available To The Small Business.
- 2.5 Characteristics Of Small Scale Business
- 2.6 Advantages Of Small Scale Business
- 2.7 Disadvantages Of Small Scale Business
- REFERENCES
3.0 Data Presentation And Analysis
- 3.1 Presentation And Analysis Of Data
- 3.2 Summary Of Results
- REFERENCES
4.0 Discussions, Conclusions, And Recommendations
- 4.1 Discussion Of Results/Findings
- 4.2 Conclusions
- 4.3 Implication(S) Of The Result Findings.
- 4.4 Recommendations
- 4.5 Suggestions For Further Research
- REFERENCES
- BIBLIOGRAPHY
- APPENDIX
Disclaimer for Complete Material Utilization
The displayed research work titled "Solving Unemployment Problem Through the Establishment of Small Scale Industries in Nkanu East Local Government of Enugu State" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
Frequently Asked Questions (FAQ)
Can this topic “The Design and Implementation of an E-Commerce Site for Online Book Sales” be used for Computer Science (CS) Project?
Yes it can be utilized for research — The business-to-consumer aspect of electronic commerce (e-commerce) is the most visible business use of the World Wide Web. The primary goal of an e-commerce site is to sell goods and services online. This project deals with developing an e-commerce website for Online Book Sale. It provides the user with a catalog of different books available for purchase in the store. In order to facilitate online purchase a shopping cart is provided to the user. The system is implemented using a 3-tier approach, with a backend database, a middle tier of Microsoft Internet Information Services (IIS) and ASP.NET, and a web browser as the front end client. In order to develop an e-commerce website, a number of Technologies must be studied and understood. …
Can the material for “Syntactic and Lexico-Semantic Analyses of Chosen SMS Text Messages Among the University of Ilorin Students” be used as a guide for Linguistics and Communication Project?
Yes it can be used — Words form the basis for a Linguistic analysis at any level of language study. The aim of this essay was to identify the various Lexical and Syntactic elements that make up personal text messages among the students of the University of Ilorin. Lexical features, Lexical relations, Word-formation processes and Word Sequences were employed to unravel the Lexical and Syntactic elements contained in selected text messages. Among the findings in the work were that nouns are the most prominent lexical features in the personal text messages of the students of the University of Ilorin, while adverbs are the least used lexical features in the composition of these messages. It was also discovered that most of the words that were used in …
Can this topic “Evaluation of Female Genital Mutilation in Nigeria” be used for Applied Science Project?
Yes it can be utilized for research — Female Genital Mutilation (FGM) previously referred to as female circumcision was a major traditional practice in some towns in Nigeria. FGM has no health benefits. It involves removing and damaging healthy and normal female genital tissue, and interferes with the natural functions of girls’ and women’s bodies. The study was carried out to evaluate the Female Genital Mutilation in Nigeria. Investigation revealed that the health effects of Female Genital Mutilation have progressed in recent years. Sexual problems are more common among women who have undergone FGM. They are 1.5 times more likely to experience pain during sexual intercourse, have significantly less sexual satisfaction and are twice as likely to report a lack of sexual desire. The research design used in this …
Can the material for “Operation Project on Raw Materials Assistance to Small Scale Industry” be used as a guide for Entrepreneurship Project?
Yes it can be used — Small-scale industries play a vital role in the raw material welfare of many nations today’s especially the developing nations. The study was carried out to examine the source of raw materials assistance to small scale industry. In achieving this aim, the following specific objectives were laid out to identify how raw material are been sourced in small scale industry and identify the effect of government legislation on important and the effects of exchange rate has on the small scale business. Investigation revealed that any business whether small or large operating in any socio-economic setting is bound to have problems. Small scale business however, have problem peculiar to its size. Studies have identified some of these problems as follows, incompetent management, …
Is the topic “Prevalence Study of Hepatitis B (Australian Antigen) Among Patients” recommended for Medical and Health Science Project?
Yes it is highly recommended — The prevalence of viral hepatitis B among patients in National Orthopedic Hospital Enugu was studied. The samples comprised that of men , woman and children 200 in numbers, all patient of orthopedic Hospital Enugu. Laboratory investigation done were this HBs tested which 110 patient out of the 200 patients tested positive, and liver function tests found abnormal in almost all the patients that tested positive to HBsAG routine test. The commonest clinical presentations were fever and jaundice seen in Jo patient out of the 110 patients. The infection was highest amongst young adult 21-30 years of age. This accounted for 17.5% of the positive patients population it was lowest amongst children 1-10 and old people 60-70 which made up 5% of …
Is the topic “The Impact of Globalization of Financial Service on the Development of Nigerian Insurance Industry” recommended for Insurance Project?
Yes it is highly recommended — The study sought to investigate the impact if globalization of financial services on the development of Nigerian Insurance industry (A study of IGI). Globalization refers to the process of the intensification of economic, political, social and cultural relations across boundaries, and it is principally aimed at the homogenization of political and socioeconomic across boundaries. Industrial general insurance company Enugu was used as a case study. The objective of the research were to ascertain why Nigeria insurance industry has not been participating in the international insurance market, and to identify the needs facilities to be used to enhances globalization in Nigeria. The methodology used in obtaining data was a structural questionnaire and its validity of hypothesis was tested using the chi-square statistical …
Can the material for “Strategies for Enhancing Students Interest in Technical Drawing in Senior Secondary Schools” be used as a guide for Education Project?
Yes it can be used — Technical drawing is a graphical representation of objects and structures and is done using freehand, mechanical, or computer methods. The study was carried out to investigate the Strategies for Enhancing Students’ interest in Technical Drawing in Senior Secondary Schools. In achieving this aim, the following specific objectives were laid out to x-ray how the strategies of teaching Technical drawing in Senior Secondary School can enhance students’ interest and examine the effective use of instructional materials as a factor for enhancing students’ interests. Investigation revealed that lack of qualified teacher to teach technical drawing and high cost of instructional material had resulted into low enrolment of students in Technical drawing which is a consequence of low interest and attitude of students …
Can this topic “Analysis of the Impact of Parks and Open Spaces on Residential Property Values” be used for Estate Management (EM) Project?
Yes it can be utilized for research — This research work emphasized on the analysis of the impact of parks and open spaces on residential property values in Independence Layout. The focus of this study was to analyze the impact of pack and open spaces on residential property values. This research embodies the benefits of parks and open spaces and also the implication of parks and open spaces. To achieve this aim, the researcher employed surveyor research method. Some information and findings were made; these findings are statistically analyzed and resulting in some conclusions and recommendations. …
Can the material for “A Depiction of the Nigerian Civil War in Chimamanda Ngozi Adichie’s half of a Yellow Sun” be used as a guide for Linguistics and Communication Project?
Yes it can be used — This research has set out to capture the portrayal of the Nigerian Civil War in Chimamanda Ngozi Adichie’s Half of a Yellow Sunby bringing out the episodes and scenes that defined the war. This is evident in the experiences of the characters in the face of war which is captured through their fears, pains and reactions as well as how it shaped their responses and eventual personalities. The research beams its search light on the central characters as they are representative microcosm of the larger Nigerian masses that fell prey to the greed and brutality of the tussle for supremacy. Incidences that point to this fact are adequately outlined. The Nigerian civil war though not a product of imagination, is …
Is the topic “Design and Implementation of a Computer Based System for Monitoring Economic Growth” recommended for Computer Science (CS) Project?
Yes it is highly recommended — Federal Ministry of Finance has always monitoring how economic growth is moving in this Nation. After the granting of internal autonomy to regions in 1946, there have been subsequent fiscal commission, military decrees Actes of Parliaments that reviewed both dreamed earning structure for Government. In the cause of this research work”. Design and implementation of Computerized Economic growth monitoring system Federal Ministry of Finance”, economic growth as constituent of revenue allocation has been checked in relation to the Federal Ministry of Finance (F.M.F) of the sectors that contributes more percentage to the ministry economy. Indeed, up to the time of work, the issue of economic growth increment or amendment in salary structure came to shape focus with little or no counter …