THE ECONOMIC IMPACTS AND PROSPECTS OF CAMA LAW 2020 ON SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the European Union, the United Nations and the World Trade Organization (WTO). SMEs have proven to enhance the economic growth of any country. They are being regulated and managed by a recognized government body known as the Corporate Affairs Commission (CAC).
The uneasy regulations, costs of setting up and management of SMEs in the country affects the proper running of businesses in Nigeria. These government regulations tailored by CAC hampers on the production and growth of SMEs in the country.
Following concerns on the CAMA 1990 becoming outdated, Buhari in November 2019, wrote to the Senate seeking an amendment for the Act to be repealed or re-enacted. This study aim to examine the economic impacts and prospects of CAMA law 2020 on small and medium scale enterprises in Nigeria. A sample of 370 SME owners was used for the study. A total of 240 questionnaires was returned for the study. Finding showed that CAMA law affects the performance of SMES in nigeria, it was also discovered that CAMA law impacts economic growth and development of Nigeria through SMEs development.
Related Project Materials
DEVELOPMENT OF A MODIFIED FRUIT FLY OPTIMIZATION ALGORITHM BASED LINEAR QUADRATIC REGULATOR CONTROLLER FOR AIRCRAFT PITCH CONTROL SYSTEM
ABSTRACT
This research is aimed at the development of a modified fruit fly optimization algorithm (mFFOA) for the determination of optimi...
ASSESS EFFECTS AND CAUSES INEFFICIENCY OF THE BUREAUCRACY
BACKGROUND OF STUDY
In view of the fact that ethics and morality are the norms of every descent society, and the bedrock on which wholeso...
DESIGN AND IMPLEMENTATION OF DATA MINING FOR MEDICAL RECORD SYSTEM. (A CASE STUDY OF OWERRI GENERAL HOSPITAL)
ABSTRACT
Data mining is the extraction of hidden predictive information from large database which helps in predicting future trend and be...
ANALYSIS OF FACTORS INFLUENCING PRIVATE REAL ESTATE DEVELOPMENTS IN THE PERI-URBAN AREAS OF BIDA, NIGER STATE
ABSTRACT
Peri-urban is the transition zone between well organized, recognized urban land uses and areas devoted to agriculture. The study...
ECONOMIC ANALYSIS OF PROCESSING AND MARKETING OF CASHEW PRODUCTS
ABSTRACT
Cashew processing using manual techniques, was started in Nigeria in the first half of the twentieth century. I...
THE IMPACT OF INFERTILITY ON WOMEN’S LIFE EXPERIENCES IN TWO NIGERIAN COMMUNITIES
ABSTRACT
This study investigated the impact of infertility on women’s life experienc...
AN APPRAISAL OF LEGAL AND INSTITUTIONAL FRAMEWORK ON MARITIME LAW IN NIGERIA
ABSTRACT
Nigeria has a land area of 923,768.64 square kilometers, with a coastline of over 823 kilometres and navigable inland waterways...
ARTIFICIAL NEURAL NETWORK BASED PREDICTION AND COOLING ENRGY OPTIMIZATION OF DATA CENTERS
ABSTRACT
Thermal management of data centers remains a challenge because of their everincreasing power densities and decreasing server foo...
PROBLEMS AND PROSPECTS OF SELECTED PUBLIC LIBRARIES IN INDIA (RAJASTHAN) AND NIGERIA (KADUNA): A COMPARATIVE STUDY
ABSTRACT
The fundamental aim of public libraries is to provide timely, accurate, pertinent, and reliable information for their users. The...
CHALLENGES AFFECTING PROCUREMENT PROCESSES IN PUBLIC ORGANIZATIONS IN NIGERIA
Background to the Study
Procurements processes entail various functions move far beyond traditional per...
