Assessing effect of insecurity on sme operations and impact on socio-economic development of Yobe State, Nigeria  

Oleh:

Mohammed, Sani

Jenis: Article from Proceeding
Dalam koleksi: SIBR-Thammasat 2014 Conference on Interdisciplinary Business & Economics Research June 5th- 7th, 2014 di Emerald Hotel Bangkok, page 1-11.
Topik: Insecurity; socio-economic development; Yobe State; SME operations
Fulltext: b14-073.pdf (143.4KB)

Isi artikel

Insecurity has become a serious challenge in the North-eastern region of Nigeria. In Yobe State, business, school activities etc were closed. Unfortunately, most of the disgusting consequences particularly loss of lives and business activities were not often properly reported. The study seeks to determine if the insecurity had effect on the Small Business operations in Yobe State. Secondly, the study seeks determine if effect of insecurity had negative impact on socio-economic development of the State. To achieve these objectives, the researcher adopted survey method. Questionnaire was administered to 200 Small Business owners randomly selected from Damaturu and Potiskum towns in Yobe State. Two research questions and two Hypotheses were formulated to guide the study. Mean and standard deviations were used in analysing the research questions, while the hypotheses were tested using the t-test at 0.05 significant levels. The result indicated that the two means from Tables 1 and 3 are greater than ‘2’ (midpoint value); thus, answering ‘yes’ to the two research questions. In the same vein, Ho1 and Ho2 were accepted because the critical t-values for both groups are greater than t-value obtain from the analysis on tables 2 and 4; thus, the respondents unanimously agreed that the insecurity seriously affected Small Business operations and negatively impact on the socio-economic development of the State.

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