Problems Of Financial Small Scale Industries

This project work was on attempt to investigate the problems of financing small scale industries in Nigeria.
The main objectives were:-
1) To examine the financing of small scale industries in general and Alpha Paper Mill Ltd, Ogidi in particular and an aid to profit maximization and increases in the level of employment.
2) To assess to what extent the government and other financial constitutions have helped through provision of financial assistance to the industry.
3) To provide information and other sources of capital to enable the Alpha Paper Mill to take advantage of it and broaden its capital outlay.
The study were based on the following research questions.
1) To what-extent is it true that inadequate finds hamper the growth and survival of small scale industries in general with particulars references to Alpha paper Mill Ltd, Ogidi?
2) As a small business, does it have financial problems impending its operations and what sources of fund available to them? If not what sources of find that the company should undertak.
3) To what extend would improved capital outlay enhance the business fortunes of Alpha Paper Mills Industry
The researcher therefore made the following recommendations:
1) Government should set-up loan of loan to small scale industries. The need for this has greater urgency show than before of the increasing financial difficulties of small scale business under Structural Adjustment Programme (SAP).
2) Government through the central bank should adopt the policy tah will make it easier for small scale industries to secure loan from commercial banks.