Research
Nigerian SME Development and the Unfulfilled Economic Promises of the New Political Era (1999-2015)
SMEs are globally acclaimed as viable drivers of economic prosperity of nations. However, despite successive Nigerian government regimes’ supposed efforts to yield similar benefits, much result has not been recorded to justify huge resources expended so far. This paper takes an exploratory approach using empirical evidences to investigate the peculiarity of Nigerian SMEs’ backseat status in driving the nation’s economy. Related literature was reviewed to iterate the researcher’s stance and broaden the views expressed. Findings revealed a plethora of policy summersault characterized by noble policies that have suffered poor implementation. Also, most SME owners set out to make a livelihood than to play significant economic role thus remaining peasant with little or no growth ambitions. Capitalization is another huge stumbling block which is compounded by reluctance of financial institutions to extend credit facilities to SMEs. The paper suggests wholesome government policy recap that offers short, medium and long term development strategies for SME performance and development. Financial institutions should be encouraged to design credit facilities that suit SMEs to offer revolving capitalization for them. Capacity building on basic business management and strategy should also be inculcated in SME owners to enhance performance of their ventures; if they knew better, they’d do better.
Effects of Leadership on Employee Performance in Nigerian Universities
The Nigerian University system has been plagued with a myriad of challenges which have seen the nation’s universities ranked below hundredth worldwide. Despite these challenges, leadership and administrative direction have continuously compounded these challenges and thus this research to investigate the causal relationship between universities’ performance as organizations and the leadership style prevalent in the university. The research relies heavily on primary data derived using questionnaires from which information gathered are analyzed using the Scientific Programme for Social Sciences to derive indices to test and ascertain postulated hypothesis. Relevant literature was reviewed to smoothen ideological biases thus giving intellectual references of comparative and contrasted views of the research stance. Deductions are made in consonant with the research problem and thus recommendations.
