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PROBLEMS OF SMALL-SCALE FINANCING IN NIGERIA: A CASE STUDY OF COMRADE CYCLE, ZARIA

ABSTRACT

The development and growth of small firms is very vital to any economy, whether developed or developing. It is generally accepted that small firms play a very vital role int he economic and industrial development of the nation. Yet the financing of these firms especially in a developing country like Nigeria has always been difficult. In this study, the importance of small scale firms has been discussed as the provider of inexpensive consumer goods, create wide range of job opportunities, thirdly it mobilize and utilize local resources etc. The financial requirement of the firm have been highlighted as follows:- 1) the firm require finance to purchase the steel in wagon loads. 2) Secondly the firm require finance to acquire modern machineries and technology. Thirdly the financing of power supply. The problem of finance in the firm endures in acquiring the right type of raw materials, inadequate payment of workers salary etc.

TABLE OF CONTENT

Title page- – – – – – – – – i

Approval page – – – – – – – -ii

Dedication – – – – – – – – -iii

Acknowledgement – – – – – – – -iv

Abstract – – – – – – – – – -v

Table of content – – – – – – – -vi

CHAPTER ONE

INTRODUCTION – – – – – – – -1

1.0 Background of the study – – – – -1

1.1 Statement of the problem – – – – -5

1.2 Purpose of the study – – – – – -6

1.3 Significance of the study – – – – -8

1.4 Research questions – – – – – -9

1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39

Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60

Conclusion – – – – – – – – -61

Recommendations – – – – – – – -62

Suggestions for further research – – – – -64

References – – – – – – – – -65

Appendix I – – – – — – – – -68

Questionnaire. – – – – – – – -69

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