The Role of Government inFinancing Small Scale Businesses in Maiduguri

Abstract

This study is set up to examine the role of government in financing small scale businesses in Maiduguri metropolis. The study utilizes survey method, which involve the use of both secondary and primary sources of data. The secondary data was used for literature review, while the primary data was used in gathering information from field. Thirty questionnaires were distributed in Maiduguri through simple sampling. The data collected were analyzed with chi square statistics test. Finding revealed mix result, where others feel that government contribute in financing small scale businesses while others reject the view. Therefore, recommended that government should put more effort in financing small scale businesses. I. Introduction A business, whether small or big, simple or complex, private or public is created to generate income. Business in Nigeria can be classified as small, medium and large. The history of small scale business enterprises started long before the advent of large scale business enterprises because almost all large scale business enterprises of today started as a small and over 95% of all businesses are still properly classified as small. Small scale enterprises are nique in many respects. They have advantages and problems that differ from those of large scalebusinesses. Therefore, it is necessary to have large number of smallscale business if true competition is to exist, if freedoms ofinitiative and business enterprises are to be maintained and if we areto continue our progress in extending more goods and