Abstract:
Adequate supply of financial resources is a necessary
condition for the survival of any business. This study tends to
review government policies and programmes on financing
MSMEs in Nigeria. Both primary and secondary data were
employed to arrive at the results with the use of statistical
method of testing hypothesis chi-square (X2) 13.62 > 9.49 the
calculated value is greater than the critical or table value. The
results reveal that there is a significance effect between
government policies/programmes towards growth and
development of MSMEs in Nigeria. This study recommend that
government should not relent in its effort of creating more
awareness and enlightenment campaign about its policy and
programmes and MSMEs should use the said loan or
government grant on the purpose the loan/grant is meant for
through strict supervision of project by the government agent.
