THE ROLE OF SMALL SCALE BUSINESS IN JOB GENERATION IN NIGERIA
ABSTRACT
The study of the Role of small scale Business in jog Generation Nigeria (a survey of Oshodi/Isolo LGA of Lagos State) was carried out to assess the extent of job generation through small scale businesses in Nigeria. Descriptive research methods was employed in carrying out the study. The population of the study was 1, 113,000. A sample size of 400 was derived using Yaro Yamani formular; Bowley’s proportional allocation formular was applied in allocating questionnaires in various stratums under study. 373 questionnaires were dully filled and returned out of 400. Analysis was done using tables and simple percentage. Formulated hypothesis was also tested using X2 (Chi-square) The study revealed that the small scale business boosts the economy of any nation. It was also discovered that small scale business offers a lot of employment opportunities for graduates than government jobs. Furthermore, it was discovered that small scale business has suffered a lot of hitches as a result of lack of funds, inadequate infrastructures, ineffectiveness of government policies and lack of proper education for the practitioners of this businesses. In conclusion, the researcher therefore seriously recommends that: laws pertaining to small scale business should be amended; again Agencies responsible for containing corruptions should be free for the controls of the executives. Furthermore, young graduates should take urgent steps in taking up small business as means of livelihood. Finally, government should try to encourage and reward creativity, hard work and innovations, as a way of motivation for Youths to get involved in the development of the nation.
CHAPTER ONE
Introduction
1.1 Background Of Study
The role employment in poverty reduction programmes in developing countries like Nigeria has received considerable attention world wide, in development strategies and policies. Here in Nigeria, the disease of unemployment is being suffered by almost majority of the citizenry and in all aspects of life Yearly, the number of young school leavers entering into the labour market increase geometrically as they are looking for non-existing white-kola jobs. To this effect, it easily be inferred that up to 80% of both young and able-bodied Nigerians are constantly roaming about in the streets looking for both fresh and better job opportunities.
However, the truth remains that in Nigeria, the story of unemployment is supposed to have been a past story. This is because Eze (1999: 6) state that Nigeria is a country greatly endowed with many natural and human resources. The business environment apparently offers opportunities for many entrepreneurial ventures. Ironically, despite this endowment, her state of economic development leaves much to be desired.
Meanwhile, the government of this nation both past and present embarked on several campaigns against unemployment and equally established many bodies to put an end to the unemployment story in this country, but all were to no avail. Also, the international communities have in so many ways contributed to the reduction of unemployment in Africa, especially in Nigeria, but the story still remain the same.
Thus, unemployment means different things to different persons and different countries. O Nigerians, according to Ike (1998), unemployment means that people who are able, willingly and qualified to be employed to help themselves, and the society to reduce idleness and frustration but are not employed because of lack of job opportunities. To him, unemployment is seen to be existing only when people are not engaging themselves at all in some paid jobs and this is clearly proven when he/she is idle.
In a developed country like America, unemployment is not only when someone is idle and doing nothing, it also exist when he/she is not rightly employed in the type of job that suit him according to his level and discipline.
Generally, unemployment according to Oxford Advanced Learner’s Dictionary is defined as the fact a number of people not having a job or the number of people without a job. In a nutshell, unemployment is a cancer that has eaten deep into fabrics of this Nigeria and it is the objectives of this research work to x-ray the major causes of this ugly trend and equally showcase how this problem can be solved.
1.2 Statement Of The Problem
Years back, between 1960 and the 1970 (according to an internet report), students of tertiary institutions were being booked for employment by cooperate organizations even when some of the students will have up to a year or two to conclude their degree programmes. This could be as a result of the limited number of tertiary institutions coupled with low turn out of students in the school, which was as a result of the people’s ignorance of the great value of education.
Gone are those years, when young graduates gained lucrative jobs first immediately after graduation; – Nowadays, the number of graduates deployed into the society for all well paid job out-numbered the little available jobs and al efforts both by the government and private sectors to curb this menace had proved abortive.
It is based on the above back drop that the following problems were deduced:
- As a result of unemployment, crime rate is on the increase in the country.
- It has also made youths to divert their interests from innovative and self-employable programmes to politics. Some are political thugs.
- There is also poverty and hunger among the people, especially the dependable population, yet the agricultural sector is neglected.
- Foreign investors are scared of investing in Nigeria.
1.3 Objective Of The Study
In this work, the researcher tends to probe into the topic of unemployment through these question:
- Can unemployment actually be solved by increased small business in Nigeria?
- Does capital (fund) posses any impediment to the establishment of small scale organizations in Nigeria?
- Why the neglect of agricultural sector by the youths?
- Are foreign investors scared of investing in Nigeria?
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 …
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TABLE OF CONTENTSPRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "The Role of Small Scale Business in Job Generation in Nigeria" 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
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "The Role of Small Scale Business in Job Generation in Nigeria" 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.
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