scholarly journals EFFECT OF ECONOMIC DEPRESSION ON GROWTH OF SMALL AND MEDIUM SCALE ENTERPRISES: A STUDY OF AWKA SOUTH LOCAL GOVERNMENT AREA, ANAMBRA STATE, NIGERIA

Author(s):  
Obiageli Gloria Akamobi ◽  
Chioma Peace Ezudike

This research work studied the effect of economic depression on the growth of small and medium scale enterprises (SMEs) in Awka South Local Government Area, Anambra State and their contribution to economic growth. This research focuses on the extent to which economic hardship affects the operations and activities of SMEs in Awka South. The study was conducted in Awka South Local Government Area, Anambra State. Data for the study were collected from a representative sample of one hundred (100) SMEs entrepreneurs in the area. A systematic sampling technique would be used to select the respondents. The result of the analyses showed that economic depression impairs the growth of SMEs in Awka South Local Government Area, Anambra State. There should be adequate provision of infrastructures, government should give special consideration to SMEs by patronizing SMEs output, government should attract international financial institutions towards the growth and development of small scale industries in Awka South and Nigeria at large etc. JEL: L20; L23; L53 <p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/edu_01/0796/a.php" alt="Hit counter" /></p>

2021 ◽  
Vol 29 (1) ◽  
pp. 76-80
Author(s):  
G. N. Umeh ◽  
B. I. Odo

The study was undertaken to investigate the profitability of poultry production in Anaocha Local Government Area of Anambra State, Nigeria. Ten poultry farmers were randomly. drawn from each of the ten autonomous communities that make up the local Government Area to give a sample size of one hundred. Structured questionnaire were employed to elicit information from the respondents. Statistical analysis was accomplished by means of frequency distribution, percentages, Likert rating scale and budget analysis technique. Findings of the study indicated that the major source of fund for poultry production among young keepers was personal savings and grants from relatives (71.2%). It was also revealed that young keepers embarked on the project because of its profitability (X's = 4.2), minimal initial capital requirement (Xs = 3.75) and because it can be practiced on a small scale (Xs = 3.5). Result of analysis also indicated that an average young poultry keeper earned a net income of about forty thousand and thirty naira (N40,030) in 1998. However, poultry production has some production constraints which include high cost of feed (Xs = 4.10), difficulty in securing loan for expansion (Xs = 3.21) and clean water supply (Xs = 3.10). Aforementioned constraints notwithstanding, poultry have offered gainful employment opportunities to young persons in the study area. 


2022 ◽  
Vol 13 (1) ◽  
pp. 118
Author(s):  
Ukamaka P. Chidume ◽  
Simeon G. Nenbee

This paper assesses the impact of Small and Medium Scale Enterprises (SMEs) activities on economic development in Obio-Akpor Local Government Area of Rivers State, Nigeria. To achieve this theme, an instrument Called Small and Medium Scale Enterprises Survey Questionnaire (SMEQ) was developed which focused more on employment generation and poverty reduction. The population of the study was chosen based on the two thousand six hundred and thirty-four (2634) registered SMEs with the Rivers State Ministry of Commerce and Industry in 2019. Based on simple random sampling technique, a total of three hundred and thirty-eight (338) respondents were sampled. Relying on descriptive statistics and logistic regression estimation techniques, the data were analyzed. Analyses of the respondents’ opinion suggest that the major businesses engaged in the study area were restaurant, tailoring and beauty/hair dressing. Again, majority of the respondents were of the opinion that SMEs operators do not have increased access to basic social-economic amenities. The output of the logistic regression result has it that an increase in firm size can improve the chances of SMEs fostering economic development in Obio-Akpor while increase in the salary of employees could also enhance the chances of SMEs to redress the rising poverty level too. The paper thus recommends that employment tax incentives should be granted to proprietors of SMEs and taming of the rising insecurity cases across the country.   Received: 11 September 2021 / Accepted: 25 November 2021 / Published: 5 January 2022


Author(s):  
Adedeji Sharafadeen Olayinka ◽  
Alimi Folorunsho Lawal ◽  
Madu Ali Bwala ◽  
Umaru Habiba Mohammed ◽  
Ajao Ibrahim Sulaiman

This study addresses the economic analysis and pattern of agrochemicals use among smallholder crop farmers in Edu Local Government Area of Kwara State, Nigeria. A multistage random sampling technique was used to select 144 small-scale crop farmers interviewed for the study. Descriptive statistics and farm budgeting techniques were used for data analysis. The result shows that a typical small-scale crop farmer in the study area is, on average, a 31-year-oldmale with 11 to 20 years of farming experience. These groups of farmers also cultivate 0.78 hectares and have a household size of 8. Herbicides are the predominant agrochemical used during the survey; it was mostly applied both before and after crop emergence. Usually, pesticides were applied without following safety instructions. Users of agrochemicals obtained a total gross margin of USD 1,469.95 per hectare with a profitability ratio of 1.22 which indicates that farming is a profitable business in the study area. The study recommends to increase awareness on farmer safety measures when handlingagrochemicals; and to establish educational programs that will educate farmers on how to safely use agrochemicals.


Author(s):  
B. C. Ojomah ◽  
A. E. Ibe ◽  
J. U. Ezenwenyi ◽  
O. Chukwu ◽  
N. N. Adum

Non-Timber Forest Products are important sources of income that can supplement farming and/or other activities to the rural dwellers. In spite of this, its potential to improve the standard of living and generate income to rural dwellers has not been known in Awka-North Local Government Area. The study was carried out from January to August, 2017. The study identified the variety of non-timber forest products (NTFPs) available to rural households, the level of income generated by households from these available Non-timber forest products and constraints to Non-timber forest products collection in the study area. Three towns; Achalla, Amansea and Mgbakwu were selected using multi-stage random sampling technique. A total of 100 copies of structured questionnaires were administered to obtain information from respondents who engaged in NTFPs based activities in the selected towns. Data collected were analyzed using descriptive statistics and 5-point Likert Type Scale. The study revealed that fish, snail, bush meat, spices, firewood, fruits, seeds and nuts, vegetables and honey are the Non-timber forest products available to the rural dwellers. Monthly income of ₦61,000 and above was generated by the rural dwellers who engaged in NTFPs sales. Lack of marketing, bush burning, deforestation, NTFPs scarcity, over exploitation, transportation, bad road network, distance from forest, market price of other products and unfavourable government policies are the constraints confronting the respondents in the collection of Non-timber forest products in the study area.


2016 ◽  
Vol 15 (1) ◽  
pp. 1-14
Author(s):  
M. ZEKERI ◽  
L. A. MUKHTAR

The study aimed at providing information on profitability of dairy product processing among small scale producers and marketers in Igabi Local Government Area, Kaduna State, Nigeria. Data were collected using well structured questionnaire with the aid of trained enumerators under the guidance of the researcher. Multistage random sampling technique was used in selecting 100 respondents (50 dairy producers and 50 dairy marketers). Descriptive statistics, Net Processing Income and Marketing Efficiency were used to analyse the data collected.ª¤? The study revealed that majority (32%) of the producers were adult farmers (51-60 years) who were married (86%). Majorityª¤? (66%) have no formalª¤? education.ª¤? Household size ranged from 1-10 persons constituting the majority (58%) with 98% female producing an average of 5.9 litres of milk per household from mean of fourª¤? lactating cows per household. The study also revealed that the dairy marketers were middle aged farmers (31-40 years).ª¤? Forty «¤?? four percent were married (78%) and the majority (86%) have no western education with (88%) female. An average processor realized Net Income of N92.51 per litre, hence dairy products processing was profitable in the study area. An average marketer at rural and urban market had a marketing efficiency of 101.1% and 103.4% respectively which implied that the market was efficient. Problems identified by dairy product producers included grazing route (56%), diseases (50%), water sources (36%) and bush burning (30%) while the problems identified by the marketers of dairy products included high cost of transportation (46%), marketing outlet (38%) and poor consumer price (28%). It was recommended that Government should make extension workers available to the study area to change the orientation of the nomads such that they will be willing to imbibe improved production and processing techniques.ª¤?


2017 ◽  
Vol 62 (1) ◽  
pp. 89-103
Author(s):  
Olubunmi Omotesho ◽  
Abdulazeez Muhammad-Lawal ◽  
Khadijat Amolegbe ◽  
Tauheed Abubakar

The study was carried out for the purpose of assessing dry season garden egg production among small-scale farmers in Edu Local Government Area of Kwara State. The study adopted a snowballing sampling technique to sample 120 small-scale garden egg farmers. Five research questions were formulated to achieve the objectives of this research work. Descriptive statistics, cost and return analysis and OLS regression were used to analyze data collected. Cost and return analysis shows that the total revenue generated from the sales of irrigated garden egg produce for a typical farmer was N 36,596.5k while the total fixed cost (depreciated) and variable input cost amounted to 1,279.22K to give a net farm income (NFI) of N 24,582.68k. The OLS regression results revealed that the coefficients of farm size and household size were positive and significant at the 1% and 10% levels of probability respectively. This implies that an increase in farm size by 1 ha will increase the production of dry season garden egg by 1 percent. While the results of stochastic production frontier estimate show that the parameters of labour, fertilizer and farm size were highly significant, chemical use was significant at 10% level. This result implies that the farmers were technically efficient in the use of labour, fertilizer, chemical and farm size. Therefore, it is recommended that farmers should be encouraged to form cooperative societies, whereby they can join their resources together to provide a cost-effective irrigation system. Also, government authorities and other non-governmental organizations are encouraged to give farmers fertilizers and other chemicals at subsidized rates. There is a need for revitalization of the marketing board in Nigeria to further strengthen the marketing of agricultural produce and reduce marketing, storage and transportation problems.


Author(s):  
O Ogba ◽  
Emmanuel Ahaotu ◽  
R.O Ihenacho, ◽  
A O Chukwu

The study assessed constraints to increased layers production among small-scale poultry farmers in Ikwuano Local Government Area of Abia State. Data were collected using a multistage sampling technique to select 120 small-scale poultry farmers. Descriptive statistics (frequencies counts, percentages) were used to describe the socio-economic characteristics of the respondents. The result shows that the mean age of the respondents was 48 years and majority (77.5%) of the farmers had higher education. Majority of the respondents (73%) practiced sweeping and packing of dirt in the poultry house as the daily routine management on their farms. The major constraint faced by the respondents was disease and pest attack (76.7%) followed by difficulty in credit and loan procurement processes (73.3%). The study therefore recommends that Government should tackle the problem of loan/credit procurement, market price instability, disease and pest as well as proper funding of small-scale layers poultry business so as to enhance the commercialization of poultry industry in Nigeria.Keywords: Poultry Farms, Layer Production, Socio-Economic Characteristics, Constraints.


2020 ◽  
Vol 2 (2) ◽  
pp. 17-27
Author(s):  
G. N. Lazarus ◽  
I. IJinadu

The study investigatedthe forms of indigenous knowledge (IK) and how their utilization determines the quality of life of people in Idemili South Local Government Area of Anambra State, Nigeria. While the main objective of the research wasto investigate how the forms and usage of indigenous knowledge improve the quality of life of people in Nigeria, the specific objectives were: to identify the forms of indigenous knowledge in Nigeria, examine the use of indigenous knowledge in Nigeria and determine the quality of life of rural people in Nigeria. Adopting a survey research design, a multi-stage sampling technique was used to select 287 rural dwellers whose age range was between 20-65years from seven (7) communities as respondents for the study. The questionnaire hadthree sections A-C. The questions were tested for validity and reliability using the Cronbach‟s alpha test. One of the major findings was that appropriate use of the identified forms of IK significantly improve the quality of life of rural people. The study recommended, among others, that libraries and librarians should endeavor to preserve and disseminate IK in Nigeria in order to rekindle interests in indigenous knowledge as a research domain intended to improve the quality of life of the rural people.


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