Niger Delta Human Development Report - UNDP Nigeria - United ...

Niger Delta Youths Metal fabricator in action
tion, skills development and information
dissemination.
• Small industrial estates and skill development
centres could be positioned
in major growth areas.
• Developing the capacities of extension
workers on issues related to village
or community business management
would in turn support the abilities
of business owners to manage their
enterprises more professionally and
efficiently.
• Incentives for small and medium enterprises
could include tax credits for
research and development expenses;
low tax rates for 10 years after an initial
tax holiday; and accelerated depreciation
of industrial machinery.
NIGER DELTA HUMAN DEVELOPMENT REPORT
• Fundamental improvements in business
ethics, whether in micro- or large
enterprises, private or public businesses,
would include a greater sense
of transparency and accountability.
Well-designed and widely disseminated
public information programmes will
support the process of change.
• Some cooperatives have been successfully
established. They represent
important options for organizing community
production and providing capital
for investment in production and
marketing. Legislation on cooperatives
should be strengthened to provide stiff
penalties for fraud and default. State
and local governments should play a
major role in this area
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