MA 11 Impact of Intervention Fund on the Growth of Small and Medium Scale Enterprise in Abuja


Impact of Intervention Fund on the Growth of Small and Medium Scale Enterprise in Abuja

Akyuz Murat, PhD
Zwingina Twaliwi Christy
Opusunju Michael Isaac


Abstract
The study investigated the impact of intervention fund on the growth of small and medium scale
enterprise in Abuja. The intervention fund was measured with the level of collateral conditions
and growth of SMEs was measure with SMEs output and employment generation. The study
adopted survey research design and used primary source of data collection through the
administration of questionnaire to the respondents who were the owners of SMEs in Abuja, FCT.
The questionnaire was designed in a five-point Likert scale. The population of this study was
26000 and was reduced using Taro Yamane formula and the sample size was 393. The
questionnaire was administered randomly to the 393 respondents across the six Area Councils in
Abuja. The study adopted regression as a statistical tool and used e-view as statistical software to
analysis the data and the findings indicate that Federal government intervention fund contributes
statistically to the growth of small and medium scale enterprise in Abuja. Other finding was that
Federal intervention fund contribute significantly to increase in the output of SMEs and
government intervention fund in Abuja contribute significantly to employment generation in
Abuja. The study therefore recommended that federal government of Nigeria should try and
reduced the collateral conditions to enable the SMEs in Abuja that are just growing to obtain the
intervention funds since the intervention fund leads to SMEs growth in Abuja.

Keywords: Intervention Fund, Growth of SMEs, SMEs output and SMEs Employment
Generation.

Akyuz, M., Opusunju, M. I., & Santeli, J. N. (2019). Impact of Intervention Fund on the Grouwth of Small and Medium Scale Enterprise in Abuja. International Journal od Social Science, 3(16), 186-203. Retrieved from www.sobider.net 

https://drive.google.com/open?id=1T8_7jJLWniWlTDPe9YwcHCMRv85VkNnD 

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