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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 shows that SMEs performance affects poverty alleviation in Nigeria, suggesting the need for strategic support.

Key Points

  • Poverty alleviation in Nigeria is influenced significantly by factors such as commercial bank loans and employment rates.
  • The study found that, except for trade openness, all examined variables have a substantial impact on poverty rates.
  • Using annual time-series data from 1990 to 2022, a multiple linear regression model was employed to analyze the data.
  • The results highlight the necessity for government policies that enhance job creation and support entrepreneurship development.

Cite This Study

Ogunsona et al. (2025) studied this question.

synapsesocial.com/papers/68af33ddcf1dd9ea359e8caahttps://doi.org/10.47772/ijriss.2025.907000385
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1The Impact of Small and Medium Enterprises (SMEs) on Poverty Reduction in North-Western Nigeria2025
  2. 2Trade Openness and Growth of Small and Medium Scale Enterprises (SMEs) in Nigeria2025
  3. 3POVERTY, YOUTH EMPOWERMENT AND ENTREPRENEURIAL DEVELOPMENT IN NIGERIA2025
  4. 4Open Economy and Poverty Reduction in Nigeria2025
  5. 5Small and Medium Scale Enterprises Development and Economic Growth Nexus in Nigeria: The Role of Institutional Quality2025