THE IMPACT OF MEDIUM SCALE INDUSTRIES TO
NATIONAL ECONOMIC DEVELOPMENT
(A CASE STUDY OF JOF IDEAL FAMILY FARMS
LTD, OWO)
ABSTRACT
The
flexibility, adoptability and regeneration tendencies of the medium scale
industries of the propel economic development have made the sub-sector a
pivotal focus for government industries development efforts the medium –scale
industry sub-sector is seen as the bedrock of industrialization based on its
expected impact and potential contribution towards a diversified production
base its accelerated effect in achieving macro objectives. Such as full
employment, income distribution, development of local technology as well as
diffusion of management skills and stimulation of indigenous entrepreneurship
have been well documented in economic development literature.
This
projects attempt to appraise the contribution of the medium-scale industries to
the national economic development (with a special reference to the jof ideal
family farms Nigeria Ltd, Benin Road, Owo, Ondo state). Sub-sector in view of
both the general and specific government, development strategies and policies
channeled to the sub-sector.
The
project is structured into five chapters. The first chapter deals with the
objectives of the study, scope of the study, significance and the historical
background of the industry. Chapter two reviews some selected literature on the
medium-scale industries research methodology and description of data collection
techniques are undertaken in chapter four deals with presentation and analysis
of data. It discusses government policies for the promotion of medium scale
industries. While chapter five summaries and concludes the paper.
The
comments and suggestion from readers are welcome and will be sincerely
acknowledged.
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