Small and Medium Enterprises (SMEs) as a Source of Human Capacity Building in Nigeria.

Abstract

Utilization of human capital (i.e employment) is certainly the essence and key enterprise of capacity building. Small and Medium Enterprises (SMEs) make a major contribution to economic and particularly employment generation in Nigeria. The aim of this study is to investigate SMEs as a source of human capacity building in Nigeria. This was achieved through establishing whether access to technology of SMEs operatives, human resource of SMEs and innovativeness of these SMEs operatives are actually significant to human capacity building in Nigeria. The methodology used for data collation was survey design. The stratified random sampling technique was used in the selection. The questionnaire was designed based on open-ended format of the item used and distributed among SMEs registered with the Corporate Affairs Commission (C.A.C) in both Abuja and Kaduna towns. A total number of 223 questionnaires were sent out and only 152 representing 68% were returned and deemed useable. The data was analyzed using percentage, graph for descriptive and linear regression for inferential analyses respectively. The study established that majority (91.9%) of the respondents agreed that SMEs are source of human capacity building in Nigeria. The study concluded that SMEs are significant in human capacity building in Nigeria. The study recommends that entrepreneurs and employees should be trained in new and current technology with new software that will enhance the productive capacity of SMEs thus resulting in Employment generation in Nigeria.