Socio - Economic Impact of Small - Scale Enterprises on Residence of Mubi Metropolis, Adamawa State, Nigeria

Small-scale enterprises provide employment and development. The aim of this study seeks to assess the socioeconomic impact of small-scale enterprises on residence of Mubi North local government area of Adamawa state. The objectives of this study seek to find the type of small scale enterprises found in the study area, to examine the adequacy of small-scale enterprises in the area, examine the factors affecting and examine the impact on the environment. Relevant literatures were reviewed for this study. Closed ended questionnaires were administered to 100 entrepreneurs and those working in small scale enterprises of the selected types which include pure water, tailoring, bakery, furniture making and block enterprises in which interviews were conducted with a view of obtaining additional information. Data generated were analyzed using descriptive statistics and presented in the form of frequencies and tables. Findings from the studies revealed that small- scale enterprises help in boosting socio-economic growth hence, help in reducing unemployment rate, poverty etc. The activities of small-scale enterprises also have some negative impact on the environment and the residence of Mubi. The study therefore recommends that, there should be an increase in the technological and equipment based enterprises, the use of modern machineries should be adopted so also Government should continue to provide direct subsidies to smallscale enterprises operators which will help them in accessing raw materials, granting of tax moratorium etc.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-10-01
DOI
https://doi.org/10.5281/zenodo.13864714
Primary Topic
Oil, Gas, and Environmental Issues
Type
article
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article

Socio - Economic Impact of Small - Scale Enterprises on Residence of Mubi Metropolis, Adamawa State, Nigeria

Zenodo (CERN European Organization for Nuclear Research)
Oil, Gas, and Environmental Issues
article

Socio - Economic Impact of Small - Scale Enterprises on Residence of Mubi Metropolis, Adamawa State, Nigeria

article en

Abstract

Small-scale enterprises provide employment and development. The aim of this study seeks to assess the socioeconomic impact of small-scale enterprises on residence of Mubi North local government area of Adamawa state. The objectives of this study seek to find the type of small scale enterprises found in the study area, to examine the adequacy of small-scale enterprises in the area, examine the factors affecting and examine the impact on the environment. Relevant literatures were reviewed for this study. Closed ended questionnaires were administered to 100 entrepreneurs and those working in small scale enterprises of the selected types which include pure water, tailoring, bakery, furniture making and block enterprises in which interviews were conducted with a view of obtaining additional information. Data generated were analyzed using descriptive statistics and presented in the form of frequencies and tables. Findings from the studies revealed that small- scale enterprises help in boosting socio-economic growth hence, help in reducing unemployment rate, poverty etc. The activities of small-scale enterprises also have some negative impact on the environment and the residence of Mubi. The study therefore recommends that, there should be an increase in the technological and equipment based enterprises, the use of modern machineries should be adopted so also Government should continue to provide direct subsidies to smallscale enterprises operators which will help them in accessing raw materials, granting of tax moratorium etc.

Zenodo (CERN European Organization for Nuclear Research)
Federal University Kashere (NG)
No poverty
Openalex Percentile: Top 75%
Oil, Gas, and Environmental Issues
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