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Assessment of The Challenges Facing SMEs in Sardauna Local Government Area of Taraba State

Author

Listed:
  • Ahmed Rufai

    (General Studies Department, Federal Polytechnic Bali, Taraba State, Nigeria)

  • Danjuma Abegye Nuhu

    (Atiku Institute for Development, American University of Nigeria, Adamawa State, Nigeria)

  • Yusuf Yakubu

    (Department of Economics, Federal University, Wulari, Taraba state, Nigeria)

Abstract

The study assessed challenges facing SMEs in Sardauna Local government area of Taraba State, Nigeria. Descriptive statistics (Pie chart) was used to analyzed 400 samples size. The study revealed that lack of capital (17%), marketing problems (22%), lack of resources (18%), lack of skilled man power (11%), unavailability of modern and affordable technology (8%) and lack of basic infrastructure (24%) were the challenges facing SMEs in the study area. The study recommended that there should be policies to encourage people in venturing in to SMEs.

Suggested Citation

  • Ahmed Rufai & Danjuma Abegye Nuhu & Yusuf Yakubu, 2023. "Assessment of The Challenges Facing SMEs in Sardauna Local Government Area of Taraba State," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(5), pages 959-966, May.
    • Handle: RePEc:bcp:journl:v:7:y:2023:i:5:p:959-966
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    References listed on IDEAS

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