scholarly journals Effects of Record Keeping on the Growth of Small Scale Enterprises in Abeokuta South Local Government Area, Ogun State, Nigeria

Author(s):  
Muyiwa Olajide ◽  
Felix-Kingsley Obialo

The study seeks to find the effects of recordkeeping on the growth of small scale enterprises (SSEs) in Abeokuta Local Government Area, Ogun State, Nigeria. Survey design was used to purposively select 120 (53 males, 67 females) business owners from a population of 170 registered SSEs in the local government registry. A structured questionnaire with a reliability index of 0.76 (Cronbach Alpha) was used to elicit information from the respondents. The businesses were trading, manufacturing, fashion, telecommunications and agriculture. Data was analysed through descriptive statistics like simple percentages, mean and standard deviation. The results revealed that the highest age range of the respondents was 26- 30 years (26.7%) while there were two lowest age ranges< 25 years and 36-40 years (2.5% each). The businesses were mostly between 1- 5 years (68.3%) old, implying that they were mostly start-ups. 31.7% of the businesses were 6 years and above, meaning that the survival rate of older businesses was low.  Majority of the business owners were into manufacturing (35.8%). Despite SSEs owners having a positive attitude towards record keeping, 59.2% of them kept financial records manually by themselves without any professional help. Data also revealed that stock records influence sales growth. Income and expenditure record positively affect the profitability of small scale enterprises while debtors and creditors’ record enhance operational efficiency of SSEs. Consequently, small scale business owners should learn to keep proper financial records to forestall the collapse of their businesses by engaging professional accountants and by using different accounting software.

2021 ◽  
Vol 26 ◽  
pp. 137-141
Author(s):  
A. Dipeolu ◽  
S. Momoh ◽  
B. Babatunde

The protein deficiency problem of the average Nigerian has been tackled and addressed in many ways. Not much attention has however been pleaced on milk producrion and its derivatives such as cheese. Alabata in Odeda local government area of Ogun State is a nomadic Fulani settlement where cattle are bred for their meat. In this process, mating occures and calves are produced. The lactating cattle are milked and the milk in processed into cheese. This study investigated the socioeconomic characteristics of the cheese producers and cost and returns to cheese making. Data were randomly collected from forty respondents in five settlements in the study area. The study revealed that most (92.5%) of the respondents were females, majority of whom were married. The model age group was 21-30 years. Cheese production was found to be profitable with an average monthly profit of N2964.43 from 309 litres milk. The return on investment was 1.53 meaning that for every N1.00 invested, a revenue of N1.53 was made. The absence of good water sources and poor transportation networks were identified as some of the problems hindering the overall efficiency of the profits.


2018 ◽  
Vol 8 (1) ◽  
pp. 01-07
Author(s):  
Alfred Eboh

Background: The hawking of wares by children has been a serious issue confronting the Nigerian society. Children hawk in some of the most horrible conditions conceivable, where they face a serious risk of injury, chronic illness, kidnapping, rape or death. Objective: The focus of this study was to assess the perceived effects of street hawking on the well-being of children in Anyigba, Dekina Local Government Area of Kogi State. Methods: The population of this study consists of parents of the street hawkers in Anyigba while cross-sectional survey design was used through the purposive sampling technique to choose the sample size of one hundred and sixty-two (162) respondents. The validated structured questionnaire and In-Depth Interviews (IDIs) served as the instruments for the data collection respectively. The hypotheses were tested using Chi-Square at a predetermined 0.05 level of significance. The quantitative data were analysed with the aid of the SPSS (version 20). Results: The results indicated among others that street hawking had significant social implications and physical consequences on children's moral behaviour as well as health status in the study area. Conclusion: The study, therefore, concluded that the government of Kogi State should carry out an enlightenment campaign through the media and religious institutions on the negative consequences of street hawking are recommended as panacea. Also, the child right act instrument and its implementation should be strengthened in order to curb street hawking in the study area.


2021 ◽  
Vol 22 (2) ◽  
pp. 169-172
Author(s):  
A. R. Ajayi

The study examined the household's decision-making role in small scale goat production in Nsukka Local Government Area of Enugu State, Nigeria. Data for the study were collected from 74 households through the use of interview schedule. Frequency distributions and percentages were used in the data analysis. The findings showed that production of manure for replenishing the lost soil fertility under continuous land use was the most valuable reason for rearing goats in the area. The husbands played a larger decision-making role than their wives for certain aspects (such as goat raising initiation; health care; herd-size; planning for organizing for breedings; and grass cutting) of goat production. Implications of the findings for extension practice were presented.


2021 ◽  
Vol 1 (1) ◽  
pp. 93-104
Author(s):  
Adeyemo O.F. ◽  
Olugasa B.O. ◽  
Olarinmoye A. ◽  
Betiku A.

Hepatitis B virus (HBV) infection poses a major global health concern, responsible for estimated 500,000 to 1.2 million human deaths each year. The clinical manifestations of HBV-related deaths that usually arise after chronic-hepatitis include liver cirrhosis and hepatocellular carcinoma. The transfusion of blood is a critical risk point for inadvertent transmission of Hepatitis B virus at emergency healthcare points. This poses a significant public health challenge especially in developing countries. The impact of this challenge in Ikenne Local Government area is yet to be estimated. This study was designed to assess the level of knowledge and attitude of blood donors in the four major towns in Ikenne Local Government Area of Ogun State, Nigeria. A questionnaire survey enlisted 143 blood donors at selected blood banks in Ikenne, Ilishan, Iperu and Irolu towns in Ikenne Local Government Area, Ogun State, from February 4th to March 24th, 2021. Data collected were summarized using descriptive and correlation test statistics. Some 120 (93.9%) of the respondents were 18-34 years old. Unpaid donors accounted for 102 (78%) of the respondents. 2.8% of the respondents were confirmed positive for Hepatitis B virus before. Some 113 (86.9%) agreed that people should freely go for laboratory screening. Two-third 82 (63.1%) of the respondents indicated they knew where to get screened. Respondents’ knowledge was scored 2.423 ± 0.963, while a weak positive correlation was found between respondents’ knowledge and their risk behaviour (R = 0.296; P = <0.0001). The mean ± standard deviation of attitude of respondents was 4.207 ± 0.859, while a weak positive correlation was found between respondents’ Attitude and their risk behaviour (R = 0.225; P = < 0.010). Blood donors previously screened for the virus in general had better knowledge and behavioural attitudes that were compliant with Hepatitis B prevention, compared with previously unscreened individuals who exhibited high risk behaviour to the virus.


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