MEDIUM ENTERPRISES

THE ROLE OF GOVERNMENT POLICIES IN THE GROWTH OF SMALLAND MEDIUM ENTERPRISES IN NIGERIA

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Abstract
This study examines the role of government policies in the growth of Small and Medium Enterprises (SMEs) in Nigeria, focusing on access to finance, regulatory frameworks, and infrastructure. A total of 100 questionnaires were distributed and successfully collected. Data analysis was conducted using tables, percentages, and chi-square analysis via SPSS software to test the research hypotheses. The findings reveal a significant relationship between government policies and access to finance for SMEs in Nigeria. Additionally, government regulatory policies have a significant effect on the business environment, and government infrastructural policies positively impact the operational performance of SMEs. The study highlights the crucial role of effective government interventions in fostering SME growth. Based on these findings, it is recommended that the government implement policies that enhance financial access, simplify regulatory processes, and invest in infrastructure to create a more enabling environment for SMEs in Nigeria.
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