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January 1, 2025International Journal of Research and Innovation in Social Science

The Effects of Small and Medium Enterprises (SMEs) Performance on Poverty Alleviation in Nigeria

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Authors

TOT. A Abari- OgunsonaRDR. A DanmolaEBE. O Braimoh

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Overview

Analysis reveals significant relationships between employment, interest rates, and poverty alleviation in Nigeria, suggesting improved policies may enhance economic growth.

Key Points

  • Poverty alleviation is significantly influenced by employment rates and interest rates.
  • A multiple linear regression model evidenced the lack of long-run relationships among the variables studied.
  • Commercial bank loans to SMEs and trade openness were assessed for their roles in economic improvement.
  • Targeted skills development and entrepreneurship support are recommended to boost job creation.

Cite This Study

Ogunsona et al. (2025) studied this question.

synapsesocial.com/papers/68af474ead7bf08b1ead3ac4https://doi.org/10.47772/ijriss.2025.907000385
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Also Consider

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  1. 1DOES SMALL, AND MEDIUM ENTERPRISES AID POVERTY REDUCTION IN NIGERIA? ROBUST EVIDENCE FROM ALTERNATIVE POVERTY INDICATORS2024
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  3. 3Small and medium scale enterprises and economic growth in Nigeria2024 · 2 citations
  4. 4Trade Openness and Growth of Small and Medium Scale Enterprises (SMEs) in Nigeria2025
  5. 5THE IMPACT OF MONETARY POLICY ON SMALL AND MEDIUM SCALE ENTERPRISES (SMES) IN THE PERIOD OF ECONOMIC CRISES2024 · 1 citations