Impact of Small and Medium Scale Enterprises on Poverty Alleviation in Kwara State, Nigeria

Abstract

Small and medium scale enterprises (SMEs) are the mechanism propelling economic growth and development mitigating poverty in many countries of the wold. Despite accounting for more than 95% of productive activities, SMEs contribution to the Nigeria's gross domestic product (GDP) is below 10%. The rates of poverty and unemployment remain very high in the country. In view of this, this study examines how SMEs contribute to poverty alleviation and reduction in Kwara State...