ROLE OF MICRO, SMALL AND MEDIUM SCALE ENTERPRISES (MSMES) IN SOLVING UNEMPLOYMENT PROBLEMS IN SELECTED MSMES FIRMS IN ONITSHA METROPOLIS

Abstract

This study focused on the role of MSMES in solving unemployment problems in selected
MSMEs firms in Onitsha Metropolis. The objectives were focused on the relationship
between medium scale business and job creation in Onitsha Metropolis; secondly, the
relationship between small scale business and self –employment and lastly; the relationship
that exists between micro enterprise and sustainable employment in selected MSMEs firms
in Onitsha Metropolis. This study was anchored on the theory of entrepreneurial drive. The
study adopted descriptive survey research design and simple random sampling technique
was used to select the MSMEs firms in Onitsha Metropolis, Anambra State. The population
of the study is 89 and Taro Yamane formula was used to determine the sample size of 73.
Findings revealed that there is significant role of MSMEs in solving the problem of
Unemployment in Nigeria by indicating that there is positive relationship between the
medium scale business and job creation; secondly, between small scale business and self –
employment and lastly, between micro enterprise and sustainable employment. The study
concluded that MSMEs reduces the rate of unemployment as it offers employment at various
capacities. Therefore, the study recommended that Government authorities and meaning
Nigerians should focus on supporting MSMEs at different categories towards job creation
in Onitsha Metropolis