CRITICAL APPRAISAL OF FACTORS AFFECTING WOMEN ENTREPRENEURSHIP AND HOUSEHOLD WELLBEING IN BIU, LGA BORNO STATE, NIGERIA.

Authors

  • Lawal K.A. A and Tajudeen Adebowale Oduwole

Keywords:

Development, entrepreneurship, women entrepreneurship, Household Wellbeing

Abstract

The study examines factors affecting Women entrepreneurial and Household Wellbeing in
Biu, LGA Borno State, Nigeria. A qualitative and quantitative approach is adopted to
conduct the research study. A primary and secondary source of data gathering was used.
The study population consist about 1242 small-scale entrepreneurs. Due to dearth of
financial capability, the study made use of Taro Yamane’s formula to determined the sample
size and approximately 400 participants are selected with the aid of simple random
sampling technique and structured questionnaires were administered to the respondents.
Simple percentages, were used to tabulate the results while chi-square was used to test the
hypotheses. Social network theory was used to backed the study. The results showed that
factors such as low electricity supply, infrastructural decay, corruption, inadequate skills,
inadequate credit facilities, and security challenge must be addressed quickly in order to
create enabling environment for business enterprises generally. The study further
established that the aforementioned findings, consequentially have dreadful implication for
growth and development in Nigeria. Therefore, the study greatly emphasized as its major
recommendation, the need for the government and its agencies to deploy more commitment
in order to sustain policies that will advance the headway of women entrepreneurship and
Household Wellbeing in Nigeria. To a large extent, it will spur the nation toward achieving
SDGs (agenda 9) which, Nigeria is a signatory among comity of the world.

Author Biography

  • Lawal K.A. A and Tajudeen Adebowale Oduwole

    The study examines factors affecting Women entrepreneurial and Household Wellbeing in
    Biu, LGA Borno State, Nigeria. A qualitative and quantitative approach is adopted to
    conduct the research study. A primary and secondary source of data gathering was used.
    The study population consist about 1242 small-scale entrepreneurs. Due to dearth of
    financial capability, the study made use of Taro Yamane’s formula to determined the sample
    size and approximately 400 participants are selected with the aid of simple random
    sampling technique and structured questionnaires were administered to the respondents.
    Simple percentages, were used to tabulate the results while chi-square was used to test the
    hypotheses. Social network theory was used to backed the study. The results showed that
    factors such as low electricity supply, infrastructural decay, corruption, inadequate skills,
    inadequate credit facilities, and security challenge must be addressed quickly in order to
    create enabling environment for business enterprises generally. The study further
    established that the aforementioned findings, consequentially have dreadful implication for
    growth and development in Nigeria. Therefore, the study greatly emphasized as its major
    recommendation, the need for the government and its agencies to deploy more commitment
    in order to sustain policies that will advance the headway of women entrepreneurship and
    Household Wellbeing in Nigeria. To a large extent, it will spur the nation toward achieving
    SDGs (agenda 9) which, Nigeria is a signatory among comity of the world.

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Published

2024-05-02

How to Cite

CRITICAL APPRAISAL OF FACTORS AFFECTING WOMEN ENTREPRENEURSHIP AND HOUSEHOLD WELLBEING IN BIU, LGA BORNO STATE, NIGERIA. (2024). Journal of the Management Sciences, 60(5), 189-207. https://journals.unizik.edu.ng/jfms/article/view/3711

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