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PROJECT TOPIC: THE PROBLEMS AND PROSPECTS OF SMALL INDUSTRIES IN NIGERIA(A CASE STUDY OF ALPHA POULTRY FARM)

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CHAPTER ONE

 INTRODUCTION

  • BACKGROUND INFORMATION OF ALPHA POULTRY FARM

The Alpha poultry farm was established in 1995 by chief P.I Emesim A West African school certificate holders.  The establishment was as a result of  his personal interest in animal husbandry  and an urge for financial  independence  when asked how he came about his poultry farm  chief Emesim said he had to carry out a feasibility study  on already established poultry farm which  he got on estimate on what it  would cost him to establish  his .

The initial estimate for both capital and re-curing assets were fixed at N73,00  which late   amounted to N98,190.00 due to inflation.

The farm is located at Emene which is some is meters away from the owners residential location.  This location was chosen in view of its nearness to his home so that he can have more time for the birds since its operations are being managed by his and his family (ie his wife).  In other words chief Emesim did not engage paid labour in his chicken rearing business so as to reduce the cost of production.

The feeding of the birds is internally and externally sources. Internally in that they manufacture the feed themselves at time using the following raw material:  maize dust, crayfish, salt, binomial periwinkle, kernel meal, in size- 0.75 these are chemicals added to the raw materials to manufacture the feed and the quantity given are enough to make 20 bags of feeds external source of feeding refers to the supplies of bags of feeds from the supplier.

The need for internal souring is because it is chapter though time wasting to ensure adequate nutrition content in the feeds  and makes up for periods of late delivery from the supplier the feeds are categorized according to the types of birds e.g grass mash  for layers finisher for broiler and grower for turkey.

In caring for the birds the owner changes the sawdust every week disinfects the environment with 12 every day and ensures that only the special shoes meant for the farm is what is being worm into the poultry to avoid diseases.  There is also a medical check carried out on the birds by a veterinary   doctor (Dr Moses) twice a week and he is also being called upon when there is a case of emergency.

Their drinking water is being diluted with the following chemicals vitality (mainly for day old chicks) and new teramucum to prevent infections

1.2  STATEMENT OF PROBLEMS

For the period under review the  country’s economic objective were contoured around reducing the level of importation and promoting the expansion of domestic production especially in the small scale  industries in Nigeria today  are faced with a lot of problems.

Theses problems go a long way to camper their prospects and growth in the country and thereby limitation their potential economic such problem are;

  1. Managerial inconsistency of the affairs of the firm the owner or management of the firm does not take decision that reconcile with the various objective of the firm.
  2. Many small scale industries do not posses a viable feasibility study of the project.
  3. They are usually under capitalized and find it difficult to obtain financial and from financial institution.
  4. There also the problem of loans misapplication and non-repayment of loans.
  5. They kept poor accounting recordings.
  6. Experts are not often employed because of the low capital out lay involved. The research will therefore focus attention on the problem and prospects of Alpha poultry farm with particular reference to chicken rearing and what the management of the farm should do to alleviate these problems hindering its prospects and opportunities available to it to avoid diseases.  There is also a medical check carried out on the birds

1.3  PURPOSE OF THE STUDY

The purpose of the study is as follows:

  1. To identify and examine the problems militating against the effective operation of small scale industries via the area of financial management marketing technical operation etc.
  2. To identify the prospects available to the farm.
  3. Suggesting ways of solving these identified problems.

1.4 SCOPE OF STUDY

The scope of this study is to :

  • Investigate and find out the problems and prospects of small scale industries
  • Investigate into the chicken nearing operation of Alpha poultry farm.
  • Investigate into the effort made by proprietor of Alpha farm into improving the farm.
  • Investigate into the availability of funds for the expansion of small scale industries.
  • Investigate into the ways to alleviate the problem facing Alpha poultry farm and other related small scale units

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