AN ANALYSIS OF SMALL SCALE ENTERPRISES IN SMALL TOWNS IN ABA: A CASE STUDY OF IKOT EKPENE TOWN AKWA IBOM STATE

Introduction A closer assessment of small towns in any part of the globe reveals that they play a key role in ensuring qualitative economic growth through the reduction of poverty and income inequality to a minimal level. The growth rate experienced in this towns is expected to create jobs in every sphere of the economy ranging from Agriculture, commerce, mining, forestry, and so forth. Based on this framework, the IMF county report (2005) has identified the various efforts which has been made by the Nigerian government to improve the living conditions of people living in small towns. This is seen in the various programmes anchored by the government, one of which is the establishment of Local Economic Empowerment and Development Strategy (LEEDS). Through the LEEDS programme, futile efforts have been made to provide jobs, housing scheme, health care services, as well as promoting peace and securities in small towns (IMF County Report, 2005). Suffice to note that small towns have become viable tools in the growth and sustenance of any nation. According to Lambe (2008), most small towns have become the main source of rural economic development in recent times. These towns are characterized with a proactive nature, having a tendency of projecting the future, while also embracing possibilities and assuming risks. This further reveals the fact that small towns as an entity are always equipped with ideas and steps of achieving greatness in a long run. Such visions can be actualized if the leaders of these towns are given the opportunity to initiate and plan developmental strides that could bring about total transformation of such towns. As observed by Lambe (2008), it is important to note that the most important asset which a small town can ever possess is its inhabitants. Thus, a leader of a small town is expected to gain true legitimacy and acceptability of the people, as the success of any developmental stride embarked upon is highly dependent on the people‟s efforts.

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