Answers are grounded in this paper and cite their sources.
The importance of MSME cannot be overstated in both developed and developing countries as they provide a substantial contribution to both the creation of jobs and the GDP, this study was on MSMEs and Economic growth in Ebonyi State. The main objective of the study was to examine MSMEs as pillar of economic growth in Ebonyi state. However, the specific objectives are; to determine the effects of MSMEs on employment generation in Ebonyi state. to examine the effects of MSMEs on increased income level of Ebonyi state indigenes and to determine the challenges confronting performance of MSMES in Ebonyi state. data was collected from 25 selected MSMEs each across the 13 LGAs in the state totaling 325 for which 298 were properly filled and used for analysis. Analysis was done with regression through SPSS version 26 findings indicated that the level of employment generation ( EMGS), and reduction of MSMEs challenges (RECS) with P- values of 0.085 and 0.259 respectively do not significantly influence economic growth in Ebonyi State, however, increased income level with P- value of 0.000 has significant influence in Economic growth. The study recommended among others that the government should establish more micro finance banks to enable MSMEs have access to capital and also provide more amenities for improved performance of MSMEs in the state.
No takes yet. Share an insight, caveat, or question.
Nkwagu et al. (2026) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: