The Influence Of Venture Capital Financing On Efficiency On Small And Medium Scale Enterprises In Benue State Nigeria

ABSTRACT The failure of previous financial policies of governments to achieve desirable economic growth was a concern that demands restructuring of the system, especially in the glare of an ailing economy. The introduction of the Structural Adjustment Programme (SAP) in 1986 and the privatization programme in 1989 were in response to failed institutional measures to promote and galvanize the small and medium scale enterprises(SME) sector over a long period of time (Rwigema and Venter, 2004). The prevailing economic conditions in the first few years of SAP (1986-1988) such as rationalization o…