CHAPTER ONE INTRODUCTION 1.0BACKGROUND TO THE STUDY In Nigeria, empirical report shows that an estimate of about 70% of the industrial employment is held by Small Business Enterprises and more than 50% of the Gross Domestic Product is small business enterprises’ generated (Odeyemi, 2003). Given the seminal role of Small businesses to employment generation in Nigeria, various regimes of Government since independence in the 1960s, have focused on various programmes and spent immense a...
