NAIRA DEVALUATION AND SMES PERFORMANCE IN NIGERIA: A CASE STUDY OF MINI IMPORTERS IN LAGOS STATE
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study was carried out to examine the relationship that supposedly exist between Naira devaluation and the performance of Small and Medium Enterprises. The focus of the SME group was the exporters. The study specifically sought to investigate the effect of Naira devaluation of the frequency of imports and the impact of Naira devaluation on the operations of small and medium enterprises. The study adopted the survey research design. Employing the judgemental sampling, a total of 100 entrepreneurs in Lekki area of Lagos state was consulted and their consent was obtained to be part of this study. Using the chi-square statistical tool, the findings of this study revealed that there is a negative effect of Naira devaluation on the performance of small and medium enterprises. Specifically, SMEs in Nigeria are affected with the high cost of items are imports discouraged led to scarcity of items. Further, specific findings revealed that patronage dropped for some SMEs and this situation led to high cost of operation. The study suggests that government should first encourage through practical means, self-sufficiency before undertaking currency devaluation. This is because a country that cannot produce its own food will surely have to depend on other economies for sustenance.
Related Project Materials
THE RISING COST OF EDUCATION AND IT IS IMPLICATIONS ON THE YOUTH
Abstract
The purpose of the study was to investigate the rising cost of education and its implication on the youth in pu...
STRATEGIES FOR PROMOTING LIFELONG LEARNING IN VOCATIONAL PROFESSIONS
ABSTRACT: This study investigates strategies for promoting lifelong learning in vocational professions, emphasizing the importance of continuo...
EFFECTS OF ADMINISTRATION OF CARBAMAZEPINE, PHENYTOIN AND THEIR COMBINATION ON NEUROBEHAVIOURAL, COGNITIVE HAEMATOLOGICAL AND SERUM BIOCHEMICAL CHANGES IN ALBINO RATS
ABSTRACT
The aim of the study was to evaluate the neurobehavioural patterns, cognitive functions and haemato-biochemical changes followin...
ENTREPRENEURSHIP ENGAGEMENT AS THE FULCRUM OF ECONOMIC GROWTH IN DEVELOPING NATION - NIGERIA (A STUDY OF SELECTED SMES IN LAGOS, NIGERIA)
Background of the study
The country of Nigeria is naturally endowed with entrepreneurial prospects; yet...
A CRITICAL DISCOURSE ANALYSIS OF PRINT MEDIA DEPICTIONS OF INSURGENT ACTIVITIES IN NIGERIA
ABSTRACT
It has been observed that studies on insurgency in Nigeria have in the most parts been anchored on politics, law, economy, the e...
TEENAGE PREGNANCY AND HOW IT AFFECTS EDUCATIONAL DEVELOPMENT OF OUR TEENAGERS
ABSTRACT
The main concern of this study was to final out the teenage pregnancy and how it affects the educational develo...
WEB-BASED GEO-INFORMATICS SYSTEM
ABSTRACT
Considering the geographic distribution is one of the key features of modern tourism. The web-based GIS is a po...
KINETIC MODELLING AND OPTIMIZATION OF THE DRYING OF COCOYAM AND POTATO
Statement of the problem
One of the major reasons for food shortage is the unavailability of adequate preservation facilities. Some of th...
COMPARATIVE RELATIVE BIOAVAILABILITY STUDIES OF SIX BRANDS OF OFLOXACIN MARKETED
ABSTRACT
This study was aimed at assessing the comparative bioavailability of six brands of ofloxacin marketed in Zaria. Comparative bioa...
THE IMPACT OF SOCIOECONOMIC STATUS ON EARLY CHILDHOOD EDUCATIONAL ATTAINMENT
Abstract: This study investigates the impact of socioeconomic status (SES) on early childhood educational at...
