Small and Medium Scale Mining

PROJECT TOPIC handsome AND MEDIUM SCALE ENTERPRISES DEVELOPMENT IN NIGERIA (A Case Study of tapioca plant impact industriousness) PROJECT PROPOSAL BACKGROUND TO THE field of operation Interest in the nurture of humbled and long suit-sized enterprises (SMEs) and their contribution in the amplifyment mold continue to be in the psyche of policy debates in developing countries.The advantages claimed for SMEs ar divers(a), including the encouragement of entrepreneurship the greater likelihood that SMEs leave alone utilise labour intensive technologies and thus bugger off an immediate impact on employment generation they can usually be established rapidly and install into operation to produce quick returns. SME knowledge can encourage the process of both(prenominal) inter- and intra-regional decentralisation and, they whitethorn well turn over a countervailing force against the economic bureau of larger enterprises.More generally the development of SMEs is seen as acc elerating the achievement of wider economic and socio-economic objectives, including poverty alleviation. Staley and international Morse code (1965) identify a developmental move up to SME promotion which has as its objective the beingness of economically viable enterprises which can patronage on their own feet with extinct perpetual subsidy and can make a positive degree contribution to the growing of real income and indeed to better living levels.This approach emphasises the impressiveness of efficiency in crude SMEs. modest producers must be encourage to be new methods, move into new lines of business and in the long-run, wherever feasible, they should be promote to become median(a)- or even large producers. The presidential Initiative on Cassava Production and Export has increased the awareness amongst Nigerians of the industrial crop, popularly referred to as the new b lack gold.Started in July 2004, the chess opening seeks to generate $5 billion in export reven ue. Fortunately, Nigeria, according to the Food and countrified Organisation, FAO, in its 2004 report, is currently the largest producer of manioc in the world at 34 billion loads yearly, but with a poor yield of an average of 10 tons per hectare over an estimated cultivated knowledge do of import size of three million hectares.Nigeria is fast followed by Brazil and Thailand, which cast a capacity to produce 24 million tons and 20 million tons and a yield of 13. 6 tons per hectare and 19. 4 tons per hectare respectively. Unfortunately, experts at the internationalist Institute for Tropical Agriculture, IITA, Ibadan, Oyo State, believe that up to half of the harvested manioc is wasted by production and post-harvest inefficiencies while the rest is consumed as food.Brazil and Thailand, which rarely consume the manioc products directly, have fully developed the manioc patience for the export trade. Nigeria should not commission on the exportation of cassava but develo p the enormous local and regional markets for cassava that exist in the country, West African sub-region and Africa as a whole quite an than start exporting the industrial gross material to Europe. Nigerians should be encouraged to amount value and process them for industrial application.The chief(prenominal) thrust of this query work shall focus on the development of lilliputian and average scale enterprises in the cassava claim effort justifying the need for agro- impact industries that convert cassava fresh tubers into primary cassava-based commodities that are tradable in domestic and international markets. STATEMENT OF THE look into PROBLEM The Small Scale Industry is acknowledged to have huge potency for employment generation and wealth insane asylum in any economy. Yet in Nigeria, the domain has stagnated and remains relatively clarified in terms of its contribution to gross domestic product or to gainful employment.Activity mix in the sector is also quite exp ress dominated by import aquiline processes and factors. Although there is no reliable entropy, inexact indicators show that capacity utilization in the sector has improved perceptibly in the period since 1999, but the sector is in time faced with a number of constraints with lack of reference point availability as the champion constraint. Credit is the largest element of risk in the books of most banks and failures in the management of credit risk have led to the weakening individual banks and in some cases the banking establishment as a whole, have contributed, to umpteen episodes of financial instability.OBJECTIVES OF THE bring The main utilization of this training is to identify and consequently crush the most effective and efficient itinerary by dint of which small scale enterprises could be financed and promoted, thereby taking into consideration various conditions such as economic, political, social, psychological e. t. c under which underage enterprises are encouraged to operate with particular reference to the cassava bear upon perseverance in Nigeria. In so doing, the searcher intends giving an in-depth tuition and summary on the various strategies through which diminished enterprises can be developed and encouraged.In view of the above, the researcher intends to find out the following (i) The role coqueted by establishment towards promotion and development of small-scale enterprises in Nigeria. (ii) To identify the economic authority of small-scale enterprises in the cassava touch on industry. (iii) To identify the constraints confronting the development of small-scale enterprises in the cassava affect industry in Nigeria. (iv) To pick up the financial place upright abandoned to SMEs in Nigeria. look QUESTIONS The study would examine the following questions 1.What role does the government play in the promotion and development of small-scale enterprises in the cassava processing industry in Nigeria? 2. What impact do small and average scale enterprises make to Nigerias economic growth? 3. What are the constraints confronting the development of small-scale enterprises in the cassava processing industry in Nigeria? 4. What is the trend of the financial support given to SMEs in Nigeria? RESEARCH METHODOLOGY AND SOURCES OF DATA The two main research methods to be used are survey research and content analysis.Survey research method is used to study variables and their kind as related to human m victimisation and opinions about their experience as it concerns the undetermined matter of study. Interview schedules shall be employ to some operators while the questionnaire schedule shall be applied to some small-scale entrepreneurs. The data, which would be collected from the questionnaire, allow be analysed using the simple percentage method and chi-square, faithfulness of fit. This will make the analysis of the data more concise and simple. SCOPE AND LIMITATIONS OF STUDY This research covers the area of promoting small and intermediate scale enterprises n the cassava processing industry, paying attention to the role of the government and other extraneous factors that can affect positively the development of small and forte scale enterprises in Nigeria. The research intends to study the essential problems encountered by small and medium scale operators in the cassava processing industry and suggest ways by which they can be adequately and efficiently financed and promoted. SIGNIFICANCE OF THE STUDY Small and medium scale enterprises in Africa rely more oft than not on own savings, not and to grow but also to innovate.Firms often need real services support and formal finance assistance, failing which under-investment in long term capabilities (training and R & D) may result, (Oyelaran, 2003). Besides finance, there are sarcastic elements (including knowledge, skills and experience of staff capacity and shade of internal facilities information and knowledge of market i ntellectual and managerial leadership external infrastructure and the incentive system at the micro and macro levels) that are absent within technology support institutions themselves.These overthrow the effectiveness of their support to SMEs. This study is strong because it would help to evaluate the operations of a vital segment of the industrial sector small and medium scale industries, which have been identified as having very gritty potential in promoting economic growth and development. The evaluation shall be done with special(a) focus on the small and medium operators in the cassava processing industry in Nigeria thereby adding to the existing literature on the subject matter.OUTLINE OF CHAPTERS In Chapter one, which is the anterior part the background of the study, the statement of the research problem, the objectives of the study and the methodology to be follow shall be discussed. Chapter two will the great unwashed with the literature review. The methodology an alysis and metaphysical framework shall be examined in chapter three.Data presentation, analysis and interpretation will be cover in chapter four while the cerebrate part of the research work will be chapter five where in a nutshell the summary, the conclusion and the recommendations would be discussed. REFERENCES Staley E. and Morse R. (1965) forward-looking Small-Scale Industry for Developing Countries. capital of the United Kingdom McGraw-Hill Publishing. Oyelaran O. (2003) Financing and Development of Small-sale industries in Nigeria. underlying Bank of Nigeria Economic and Financial Review. 24(4), December.