Small and Medium Enterprise Development Under the Structural Adjustment Programme in Nigeria

Oyeyemi Adegbite ()
Additional contact information
Oyeyemi Adegbite: Enterprise Consultancy Services

Chapter Chapter 11 in Perspectives on Industrial Development in Nigeria, 2021, pp 267-283 from Springer

Abstract: Abstract The focus of this chapter is on small business and entrepreneurship development in Nigeria under the Structural Adjustment Programme (SAP) over the 10-year period from 1986 to 1996. Following the collapse of the international market for crude oil in the early 1980s, the Nigerian economy deteriorated rapidly, arising from the fact that the oil sector accounted for over 90% of foreign exchange earnings and the bulk of government revenue. The decline in the national economy was accompanied by negative GDP growth, huge external debt in excess of $30 billion, low capacity utilization in industry and general economic gloom.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:aaechp:978-3-030-84375-5_11

Ordering information: This item can be ordered from
http://www.springer.com/9783030843755

DOI: 10.1007/978-3-030-84375-5_11

Access Statistics for this chapter

More chapters in Advances in African Economic, Social and Political Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().