A critical analysis of monitoring and evaluation systems for small and medium enterprises: With specific reference to Small and Medium Enterprises Development Agency of Nigeria (SMEDAN)
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Date
2017
Journal Title
Journal ISSN
Volume Title
Publisher
University of the Western Cape
Abstract
The significance of small, micro, and medium enterprises (SMEs) development
cannot be overemphasized because it plays a considerable role in a nation's economy
particularly in developing countries. SMEs' contributions include job creation,
expanding the means of sustainable livelihoods and ensuring impartial distribution of
wealth amongst citizens. This study evaluates monitoring and evaluation systems,
policy and programmes of the Small Medium Enterprises Development Agency of
Nigeria (SMEDAN) to develop and transform the informal sector of the economy.
The main purpose of the establishment of SMEDAN is to facilitate the promotion and
development of a structured and effective small and medium enterprises sector that
will provide informal employment for unemployed, and enhance sustainable
livelihood and economic development in Nigeria. Unemployment and increased
poverty levels are key challenges to the government of Nigeria, which has resulted in
socio-economic and political unrest across the nation. Against the background of high
unemployment rate, especially amongst the youth and the deteriorating fortunes of
small and medium businesses in Nigeria, questions can be asked in relation to current
initiatives and policies to support SME sector.
Description
Philosophiae Doctor - PhD (Public Administration)
Keywords
Small and Medium Enterprises, Monitoring and Evaluation, Frameworks, Development, Accountability, Systems, Governance, Policy, Informal sector, Transformation, Sustainability, Policy Development, Policy Objectives, Policy Implementation, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN)