THE EFFECT OF ICT ON SMALL SCALE BUSINESS IN NIGERIA

The discovery together with the introduction of Information and Communication Technologies (ICTs) into human activities has changed the lives and livelihood of many generations' globally, especially third world countries. In addition, the small scale businesses have appeared as an appealing possibility in creating jobs as well as eradicating poverty in every society. Despite the prevalence of small scale business in every economy, it has been studied that larger percentage of the small scale businesses in Nigeria are yet to fully introduce ICTs into their business activities. Based on the review of literature, this research paper investigates the acceptance of ICTs as well as its use by small scale business owners. The bone of contention is if it's possible or not to discuss digital split between small business entrepreneurs. This paper also features applicable elements pertaining to the meaning and importance of Information Technologies for small business owners based on prior research. Furthermore, the paper examines the three main indicators: the availability of ICTs in small scale businesses, the rate at which information technologies are being used by small business owners as well as how the ICT are being assessed by small business owners. Based on these key indicators, a digital split is found among small business owners on adoption level and use. Finally, this paper critically explains the ICT role in small scale businesses which definitely leads to an increased income and helps in boosting business activities.