CAUSES OF FEW AND STANDARD ENTERPRISE AND UNEMPLOYEMENT IN NIGERIA

 There has been stunted growths and sluggish development in the small enterprises (SEs) regardless of increasing targeted government assistance streamlined to benefit firms operating in this sector. There were several policies in the past which gave priorities to entrepreneurship development, indicating the trust in government policy in support of SEs. The government of Nigeria identified entrepreneurship development as a major thrust to achieve economic development through SEs growth and development. This made Nigerian.

Government both at National and State as well as local government to prioritize small enterprises development initiatives by. As such the prioritization of the Small-scale by government at different level is echoed in almost every policy document. 

  This made Nigerian government both at National and State as well as local government to prioritize small enterprises development initiatives by. As such the prioritization of the Small-scale by government at different level is echoed in almost every

policy document.

For example, in the industrial development policy in vision 2020,

the Nigeria aim is to promote and support small enterprise as they are viewed as an important engine for employment creation and economic growth. Although the government of Nigeria has been advancing targeted support in marketing, management and finance and worse still others collapsed. 

Although some entrepreneurs in SEs have received both financial and non-financial assistance, many are still small or are facing viability problems. In Nigeria, the SEs sector is facing to contribute meaningfully to the national economy as was experienced elsewhere when governments advanced target support. Targeted government support to SEs was found to translate into economic development in countries like Indonesia where SEs accounted for 98% of employment creation and growth with Japan and Thailand having their SEs contributing 81% and 78% to gross domestic product (GDP) (Okoh, 2009).