Small Scale Industries and Rural Development in Edo State, Nigeria

Oboniye, Juliana A.

doi:10.18052/www.scipress.com/ILSHS.19.158

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Small Scale Industries and Rural Development in Edo State, Nigeria

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Abstract:

The future of the industrial development of this nation depends to a large extent on the growth and development of the potentials of small and medium scale enterprises (SMEs). Small scale industries play a considerable role in the employment of manpower and productivity, distribution of income across the regions through increased investments and profits. In fact, they are termed ‘rural developing motors’. The objective of this study is to highlight the roles and constraints of small scale industries in the rural development of Edo state. The data collected were obtained through field observations, oral interviews and questionnaire administration. The data received were analysed using statistical techniques. Findings revealed that small scale industries have seriously impacted in the area of employment and household income generation. It also shows that there is lack of management skills, poor record keeping and weak access to financing.

Info:

Periodical:

International Letters of Social and Humanistic Sciences (Volume 19)

Pages:

158-169

DOI:

https://doi.org/10.18052/www.scipress.com/ILSHS.19.158

Citation:

J. A. Oboniye, "Small Scale Industries and Rural Development in Edo State, Nigeria", International Letters of Social and Humanistic Sciences, Vol. 19, pp. 158-169, 2014

Online since:

December 2013

Authors:

Juliana A. Oboniye

Keywords:

Development, Employment, Growth, Rural Development, Small Scale Industries

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Distribution:

Open Access

This work is licensed under a
Creative Commons Attribution 4.0 International License

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Cited By:

[1] F. Manzoor, L. Wei, N. Sahito, A. Hussain, "The role of SMEs in rural development: Access of SMEs to finance as a mediator", PLOS ONE, Vol. 16, p. e0247598, 2021

DOI: https://doi.org/10.1371/journal.pone.0247598