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 stabilizing exchange rate as it was in 1970s. They should also control high inflation by monitor and checkmating the supply of money in the country in order to ensure significant nature of the variables in future.

Keywords: Socio economic factors, poverty, interest rate, inflation rate, performance and growth

Akyuz, M., Abdullahi, A. I., & Opusunju, M. I. (2020, September). Socio-Economic Factor And Performance Of Smes in Abuja, Fct, Nigeria. FUO Quarterly Journal of Contemporary Research, 8(3), 15-24. Retrieved from https://www.fuojournals.com/book/QUARTERLY_JOURNAL__OF_CONTEMPORARY_RESEARCH_VOLUME_8__NUMBER_3__SEPTEMBER_20206942

 

https://www.fuojournals.com/

 

https://www.fuojournals.com/book/QUARTERLY_JOURNAL__OF_CONTEMPORARY_RESEARCH_VOLUME_8__NUMBER_3__SEPTEMBER_20206942

 

https://drive.google.com/file/d/1bzdDvCRcwBqqujTrDsb9AL0iSpNgdaAC/view?usp=sharing 

 

Comments

Post a Comment

Popular posts from this blog

MA 08 INCLUSIVE GROWTH AND ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA

INCLUSIVE GROWTH AND ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA MURAT, Akyuz   Department of Business Administration Nile University of Nigeria murat . akyuz @nileuniversity.edu.ng Opusunju, Michael Isaac opusunjumike@gmail.com Department of Business Administration Nasarawa State University, Keffi JIYA, Ndalo Santeli Department of Business Administration Nile University of Nigeria jiyasant@yahoo.com Abstract The study examines the impact of inclusive growth on entrepreneurship development in Nigeria. The problem is that government of Nigeria put on successive plan for entrepreneurship development in Nigeria yet there is high rate of unemployment and poverty and low gross domestic product in Nigeria. The research design is historical research design. The study used secondary source of information from Central Bank of Nigeria and National Bureau of Statistics as well as the entire population of Nigeria. The population of this study is 17878 benef...
Read more

MA 57 Experiencing Malaria Earlier Aggravates the COVID-19 Symptoms

Experiencing Malaria Earlier Aggravates the COVID-19 Symptoms Senol Dane Murat Akyuz     ABSTRACT Introduction: In the present study, the effects of the frequency of experienced malaria and flu/cold on the symptom severity in patients with COVID-19 were investigated. Materials and Method: Subjects were those who experienced COVID-19 and recovered. Eighty-one subjects were included in the study. All of them were voluntarily to participate in this study (51 men and 30 women). Out of 81 cases, 48 were expat and 33 were Nigerian. Data was collected by using an online survey. The survey was shared by using social media. Results: The number of symptoms and overall symptom severity were higher in people with 2 or more malaria than in people with 1 or zero malaria in the last year. However, there is no difference between people with 2 or more flu and people with 1 or zero flu. Conclusion: These results show that to have malaria disease before aggravates COVID-19 symptoms. Therefore, i...
Read more

MA 43 Monetary Policy Instruments and Economic Growth in Nigeria; Realities

 Monetary Policy Instruments and Economic Growth in Nigeria; Realities Hussaini Dakasku 1 Gylych Jelilov 1 Abdurrahman Isik 1 Murat Akyuz 2   1 Department of Economics, Nile University of Nigeria, Abuja, Nigeria 2 Department of Business Administration, Nile University of Nigeria, Abuja, Nigeria Abstract.  This study empirically explored the impact of monetary policy instruments on economic growth in Nigeria from the period 1986 to 2018. Autoregressive distributed lag model (ARDL) was employed for the long run and short run dynamic relationship between each of the policy variables; Money supply, Interest rate and Exchange rate, and the target variable; Gross domestic product. The estimated long run model shows that log of money supply has a positive impact on the log of GDP, Exchange rate in its current period is inversely related to the target variable, while its one period lag positively impacts the target variable. Also, the Interest rate in its current value exerts a p...
Read more