摘要：Small and Medium Enterprises (SMEs) are recognized all over the world as backbone of modern economies because they make major contributions to global economic growth and sustainable development through employment generation, poverty alleviation, wealth creation and food security. It is the recognition of the important roles played by SMEs that has resulted in increased attention and education on the approach to develop and sustain a viable SMEs sector. Bubou, Siyanbola, Ekperiware & Gumus (2014) stressed that any effort geared towards advancing any economy without a particular emphasis on adequate government support for the development of small and medium scale business, is likely not to produce favorable outcomes in the long term. This owe to the fact that government support programmes creates important contextual conditions which facilitate the capacity of SMEs to contribute to development through the production of goods and services and the creation of employment. Eniola & Entebang (2015) believed that SMEs in emerging economy particularly in Nigeria are plaques with high rate of failure and underperformance due to inadequate financial support. Hence, government consciousness needs be stirred to align with the reality undermining the actualization of the full economic potentials of this sector.
