IMPACT OF SMALL BUSINESS ENTERPRISE ON EMPLOYMENT CREATION IN KWARA STATE

For an economy to live up to expectation in the committee of nation’s development, such economy must achieve accelerated economic growth and development which is sine qua non for improving quality of life. Small and medium scale enterprises are strategic to attainment of economic prosperity objective of any government. The economy depends on its working population for economic growth and development in which the youths constitute greatest percentage and this further establishes the reason why the youth should be gainfully employed. objective of this study was to establish the impact of small and medium scale enterprises on employment creation and the role of this on sustainable development of the Nigerian economy. Other specific objectives are (i)Examine the effect of Micro, Small and Medium Enterprises (MSMEs) on Job Creation.(ii)Investigate the effect of Micro, Small and Medium Enterprises (MSMEs) on Poverty Reduction.(iii)To determine the relationship between Job Creation and Poverty Reduction.(iv)To examine the relationship that exist between employment generation and economic growth and development. The youth should be encouraged to develop and nurture entrepreneurial spirit since entrepreneurship reduces poverty and improve standard of living. In this research A total of a fifty (50) copies of the questionnaires were administered out of which fourth seven (47) copies representing (98%) of the questionnaire were properly completed and retrieved while thirty (3) copies representing 2% were not retrieved. The instruments used to gather information for this study includes questionnaires and interview. Two different statistical methods were employed to analyze data for the study; the tools are simple percentage and chi square (X2).The results shows that small and medium scale enterprises and sustainable development of the Nigerian economy are related, just as promotion of SMEs and improvement in employment generation are related.