{"id":19685,"date":"2022-12-15T04:20:25","date_gmt":"2022-12-15T04:20:25","guid":{"rendered":"https:\/\/file.currentschoolnews.com\/?post_type=product&p=19685"},"modified":"2022-12-16T08:04:55","modified_gmt":"2022-12-16T08:04:55","slug":"the-challenges-of-small-and-medium-enterprises-based-on-vision-202020","status":"publish","type":"product","link":"https:\/\/pastexamquestions.com\/product\/the-challenges-of-small-and-medium-enterprises-based-on-vision-202020\/","title":{"rendered":"The Challenges of Small and Medium Enterprises Based on Vision 20:2020"},"content":{"rendered":"

– The Challenges of Small and Medium Enterprises Based on Vision 20:2020 –<\/strong><\/span><\/p>\n

Download The Challenges of Small and Medium Enterprises Based on Vision 20:2020<\/strong><\/span>. Marketing students who are writing their projects can get this material to aid their research work.<\/span><\/span><\/p>\n

Abstract<\/b><\/span><\/h2>\n

Nigeria Vision 20:2020 Economic\u00a0Transformation<\/em>\u00a0Blueprint is a long-range plan that aims at launching Nigeria in the league of the top twenty developed economies of the world by the year 2020.<\/p>\n

However, the SME sub-sector has been identified by\u00a0government<\/em>\u00a0and\u00a0development<\/em>\u00a0experts as the main engine of economic transformation. This is because the SME’s contribution towards economic growth and development is\u00a0numerous<\/em>\u00a0and multifaceted.<\/p>\n

An\u00a0active<\/em>\u00a0SME sub-sector is the principal means by which a society\u00a0stimulates<\/em>\u00a0indigenous\u00a0entrepreneurship<\/em>, generates employment, wealth creation, poverty reduction, and\u00a0promotes<\/em>\u00a0the material well-being of its populace. SMEs in Nigeria have been constrained by a number of factors.<\/p>\n

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Introduction<\/span><\/span><\/strong><\/span><\/h2>\n

The vision 20:2020 policy was articulated during the Olusegun Obasanjo administration (1999 \u2013 2007) to make Nigeria one of the twenty largest economies in the world by the year 2020.<\/p>\n

At the inception of this policy, it was argued that the Nigerian government had no intention, strategy, and execution capacity to make Nigeria one of the largest economies by 2020.<\/p>\n

On assumption of office in May 2009, the\u00a0 Yar\u2019Adua administration set up the National Council on Vision 20:2020 to develop a blue print for the vision 20: 2020 in collaboration with the National Planning Commission.<\/p>\n

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