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

Ahmed Rufai, Danjuma Abegye Nuhu and Yusuf Yakubu
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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

International Journal of Research and Innovation in Social Science, 2023, vol. 7, issue 5, 959-966

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.

Date: 2023
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