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SUMMARY
SMEs play a crucial role in national development and to reflect its recognition towards economy development, the federal government must make good small business policy as their number one priority; it has to put up solid steps in place to ensure they are able to grow and prosper profitably. Entrepreneurship is globally accepted to be critical to economic growth and development in an emerging economy such as ours. It is a veritable tool for the improvement of the life and quality of citizens in any given nation. It is seen as the driving force behind employment. The success of small and medium scale enterprise is largely determined by entrepreneurship skills.