MA 46 SOCIO-ECONOMIC FACTOR AND PERFORMANCE OF SMES IN ABUJA, FCT, NIGERIA AHMED IBRAHIM ABDULLAHI, PhD
SOCIO-ECONOMIC FACTOR AND PERFORMANCE OF SMES IN ABUJA, FCT, NIGERIA AKYÜZ, MURAT, PhD AHMED IBRAHIM ABDULLAHI, PhD OPUSUNJU MICHAEL ISAAC, PhD The study examined socio economic factors and performance of SMEs in Abuja, Nigeria. The study adopted survey research design. The population of the study consists of 5690 small and medium scale enterprises in Abuja. The study used Taro Yamane formula to derived the sample size of 374 SMEs. The study used sample random sampling method to select 374 owners or owner managers of SMEs in Abuja. The method of data collection used was questionnaire which was administered to the respondents. The statistical tool adopted was regression. The findings revealed that there is negative and significant effect of socio economic factor on the performance of SMEs in Abuja. The study recommended that Government of Nigeria should continue to make policy to ensure SMEs owners to invest their capital in Abuja by reducing interest rate and stabili...