Background to the study: Small firms play vital roles in the process of industrialization, sustainable economic growth (Ariyo, 2005); encouragement of entrepreneurship, employment generation (Ogujiuba et al, 2004); reduction of poverty and contribution to the Gross Domestic...

BACKGROUND OF THE STUDY: According to African statesmen, the whites even after granting independence to the colonies they were governing left as a parting gift to the Africans the concept of neo-colonialism. Neo-colonialism is a situation whereby the black man feels inferior to t...