SOLVING UNEMPLOYMENT PROBLEM, THROUGH THE ESTABLISHMENT OF SMALL SCALE INDUSTRIES IN NKANU EAST LOCAL GOVERNMENT OF ENUGU STATE
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SOLVING UNEMPLOYMENT PROBLEM, THROUGH THE ESTABLISHMENT OF
SMALL SCALE INDUSTRIES IN NKANU EAST LOCAL GOVERNMENT OF ENUGU STATE
ABSTRACT
This research study
focuses on the solving of unemployment problem through the establishment of
small scale business in Nigeria.
A vivid study of
Nkanu-East Local Government Area. The study is trying to look into how the
unemployment problem can be solved by
introducing small industry, which can be managed using the little
capital.
The research
consulted some literatures related works, like Njideka P. (1998) setting small
scale business management Enugu, Iyka Publishing Venture. Kotle – P. (1998)
marketing management Analysis Planing implementation and control London. An
this work was design to Nkanu East Local Government of Enugu State by
establishing small scale industries and disbursing of capital as borrowing to
them by the government.
Method used in the
collection of data are primary and secondary method. In primary data collection
method, personal interview, questionnaire, personal observation, were a dated
within the study area of Nkanu East Local Government of Enugu State.
Also secondary data
collection was used on additional source of
data.
The use of literature
located text book, Journalists, newspapers and
other forms were adopted.
One may conclude
therefore that the crealing or the establishment of small scale industries in
Nkanu East will be given a relief to
the people, by creating
employment, so as to easy hardship. More
so, it has or manufacturing of
primary product before it can be
used as final product by the by form.
The following
solutions are recommended, that government should provide financial objectives to ease
the establishment of small scale industries.
However, government
should problems experts to teach on
profit articulation and presentation if their credit, to the prospective
leaders.
The research findings
has shown that the establishment of small scale industries in Nkanu East Local
Government of Enugu State will help increase the standard of the people living.
TABLE OF CONTENT
CHAPTER ONE
1. Introduction
1.1
Background of the study
1.2
Statement of the study
1.3
Purpose of the study
1.4
Scope of the study
1.5
Significance of the study
1.6
Limitation of the study
1.7
Definition of the study
1.8
Reference
CHAPTER TWO
Review of
related literature
2.1
Literature review
2.2
Definition by different authors
2.3
The role of small scale
business in solving unemployment
problems.
2.4
Contribution of the federal
government to the development of small scale industries
2.5
Source of fund available to the
2.6
Reference
CHAPTER THREE
3.1
Conclusion
3.2
Implication of the keeping
findings
3.3
Recommendation
3.4
Bibliography
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND
OF THE STUDY.
In adequate
appreciation of how unemployment could be solved through the establishment of
small scale business I Nigeria and in particular or Nkanu East Local government
Area of Enugu State, there also the need for the initial performance of
defining unemployment? As well as small scale business and inter worse both for
our purpose. However, the Oxford
dictionary of recent English defined unemployment as the state being unemployed
and the amount of usual labour. Unemployment is also people who are willing and
able to work but have no job. On the other side of small-scale business has
been defined by a list of authors more precily by a man called peter. Ejiofor
(1989) in this book.
FUNDATION OF BUSINESS ADMINISTRATION
As these enterprises
that relating small capital investment that produces in small qualities and a
result control of a small share of the
market, that em ploy more than sixty percent
of workers in which the
management, marketing and an entrepreneur function a re rested in the proprietor.
Also according to
Klott Lawrence in 1973, that small-scale industry is any industry which is
independently owed and operated and not dominant in it’s area of operation,
industries whether a business is small fair sized or by. The says that a small
business requires at least one man who is not engaged in any other financial
work required. Although it’s true that small scale business create job
opportunity and facilitate the economy of the nation still confirmed to the
large scale business.
Moreover, small-scale
business is known also to have certain indispensable, which differentiate them
from large-scale business. Finally the main point for measuring what
constitutes a small-scale business attract the following, as to continue;
CHAPTER ONE
1. THE SIZE OF THE BUSINESS: - Since they are small in nature, most of them are normally small in
size and occupies a small share market.
2.
TYPE OF MANAGEMENT: - it’s characterizes
by one man management, it is owner domination, that is Purism of ownership and
control. They owner management participates activity in all level of decision.
Making a day-to-day operation and management of the business.
3.
INFORMATION FLOW: - In small scale
business as a one man business, the information is known to come from the owner
to they workers and feed back is encourage effectively.
4.
SOLE PROPERITORSHIP: - They are always
polited by they sole proprietorship who does not want to go into
particuliarship with others i.e they are ruled solely.
5.
CHEAP LABOUR:- Most of them in these
case due to the type of their business, they search for cheap labour to do work
for them, so that they can pay at the end
of the day.
6.
SMALL OUTLAY: - Due to the nature and
size. They normally have small invest able capital to run their business. Some
illustrations of small business are small-scale poultry farming, Fashion
and hair dressing, phone called business
etc.
According to yakass,
(1990) over the years there has been controversy over the definition of small
scale industry. The absence of universal acceptable definition
has compounded the problems of many industrialists.
The control bank of
Nigeria definition of small scale over does not exceed N 500, 000. 00 to 600,
000. 00. For commercial bank or capital investment not N2 millions and turn
over to million for merchant banks.
The NERFUND (National Economic Reconstruction Fund) defines a
small-scale operation, as the medium scale enterprise is any business
requirement between N 6 millions and N10million also depart lend to start.
The federal ministry
of industries defines small-scale industry as a manufacturing, processing or
serving enterprises whose capital investment does not exceed N 250, 000 in
machinery and equipment only.
The definition is to
bring down the parameliar under which an industrialist may take advantages
different machineries created by the government such machinery include the
granting of loans equipment and raw materials.
1.2 STATEMENT OF THE PROBLEMS
In these recent days
Nigeria, the country has been afflicted with so many unemployment problems.
This accounts largely for the social ills that have been devialled, the country
to day such as, oblaing by false, pretence or advance fees found move popularly
known as “419” robbery, bribery and corruption which has become the bane of
Nigeria potion and otherwise.
However, it is well
common that gradulates produced from various institutions of higher learning
and other highly skilled professionals hardly secure jobs takes less of
suitable employment opportunity in our country Nigeria in particular. Youth
coppers for example on passing out move from
one street to other in searching of job or an employment but no way.
1.3 PURPOSE OF THE STUDY
The general
objectives aims of the study is to
identify some of major small scale business in Nkanu East local government area with a
view to unveil how far, it all these established business have helped in
acerbating the unemployment problems Enugu State.
1.4 SCOPE OF THE STUDY
In these case, this
research work is limited to Nkanu East Local Government Area in Enugu
State in Nigeria and the unemployment
level is also considering which is seriously eradicated by the establishment of
small-scale business.
1.5 SIGNIFICANCE OF THE STUDY
This study based it’s
impact of establishment of small scale business on the unemployment state of
the Nigeria economy and Nkanu East local Government Area in particular. The
major problems and finding places to our rural job seeker could be pacified by the establishment of small scale industries
through the endeavour to know whether or not the establishment of the small scale business in the
study area could decrease the unemployment problem of the study area.
1.6 LIMITATION OF THE STUDY
There were many constraints in the gathering of information
for this research work. But most important fellows:
1.
FINANCE AND HIGHEST OF TRANSPORTATION:
Due to problem of finance and high transportation rate I cannot be able to
carry out my research work, as I wanted it to be.
2.
TIME: In report to the theoretical and
practical work, the time allowed for this project was limited resides these was
also carried along with other academic assignments.
1.7 DEFINITION OF TERMS.
The most aim of
having these term defined is to enable the reader to know the measuring of
these words is by any means he/she do not know them before with regard this
reader has not come across any of them before, it tends to be immense help
SMALL SCALE BUSINESS. Oxford paperback (1979) defined it as on industry, which
can be carried out in the home.
UNEMPLOYMENT: The state of
being unemployed, is one who has no job to do regardless as his strength and
qualification.
ENTERPRENUERSHIP: This is an
individual who has the power to view and evaluate his business opportunities,
gathering the necessary resource to take advantage of them and initiate
appropriate actions to make sure there success.
DATA: This is known as a facts
given which means data collected by research for the work.
THE SRUDY AREA: They are area usually chosen
for research (examination) Nkanu East Local Government Area with regards to
this research. and it’s located at the eastern part of the Enugu state of Nigeria. It was covered
out along with other during the local government reforms of 1976, and has
projected population of 2324, 000 as at then. The study area falls within the
tropical rain forest zone at West Africa. The nature engage mostly in farming
for subsistence and most of them are petty trader and artisans.
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