A REVIEW ON THE CONTRIBUTIONS OF SMALL SCALE BUSINESS ENTERPRISES TO ECONOMIC DEVELOPMENT (A CASE STUDY OF OIL FIELD TRANSPORT)

Abstract: This research project is a very crucial study of contributions of small scale business enterprises to economic development. It is divided into five (5) chapter.  Chapter one begins with introduction of the study which deals with the procedure and techniques used to carryout the study of the research.  It provides a detailed accounts of methods used in collecting the data, way these methods were chosen amongst others, what data were collected, obtained and how they were obtained and analyzed. In other words below are the methods used in obtaining data this research study.Both primary and secondary data were collected to solve the research instrument used for data collection were questionnaires, oral interview frequency tables and percentages were used in presenting and analyzing the data collected.  The chi-square formula was also used to test the various hypothesis. Form the data analysis, the study  revealed that the country has a predominance of small- scale business enterprises, some beneficiaries of small scale industries credit scheme loan made little or no effect to repay loans granted  to them, thereby denying other potential entrepreneurs from benefiting from such loan and major attempts to promote small scale business enterprise mostly industry credit scheme which could not help matter due to the right regulations guiding the scheme. Based on the findings, the researcher recommended the following entrepreneurship development programme (EDP) should be integrated in our educational system.