Description
The impact of development bank in the financing of small industries.
Abstract
The discourse seeks to investigate how the development banks sector has imparted immensely into the growth and development of small industries. Also ascertaining whether small-scale industries have any significant impact on the growth of Nigeria’s economy. In using the analysis provided in this research work I ascertained robust evidence that development bank industries have no positive and significant input on the economic growth of small-scale industries recommendations were also made that would help to improve further the performance of development banks on the economic growth of the small scale industry and the economy as a whole. The manufacturing industry teaches our daily life since the product (Raw material) converted into finished goods create substitution for imported goods abroad which in term generate employment and income for the citizenry, but with the economy of a state going through a difficult period due to nonchalant attitude of banks in financing small industry
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