Tax Incentives As A Tool For Economic Growth Of Smes

CHAPTER ONE INTRODUCTION 1.1      Background of the Study Nigeria as one of the developing countries in the world, the growth of Small and Medium Enterprises (SMEs) is very vital for the growth of the economy in general as SMEs account for over 70% of the total business activities in the country. SMEs in most developing countries are usually neglected by both the formal financial institutions and the government unlike the developed countries like China, USA, etc. where SMEs are not taken with levity as they believe were to be the engine room for the development of any economy. SMEs serve as a…