The Impact Of Small And Medium Scale Industries On The Economic Growth Of Nigeria (1986 - 2010)

  ABSTRACT  The study investigates the impact of small and medium scale industries on  the Nigerian economy, spanning from 1986 to 2010. The study adopted  Ordinary Least Square (OLS) Linear Specification model. Using unit root  test, the work shows that small scale industries significantly contributed to  the economic growth in Nigeria despite poor funding by commercial banks.  The work recommends among others that government should improve its  monetary policies so as to reduce to an acceptable level, the rate of  interests charged by commercial banks as well as encouraging rural based  indu…