An appraisal of the economic contributions of women traders in Bodija Market, Ibadan North Local Government Area, Oyo State
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
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- NGN 5000
Background of the Study
Women traders in Bodija Market, Ibadan North, play a pivotal role in the local economy, contributing significantly to household incomes and community development. Their participation in commerce not only supports family livelihoods but also fosters economic empowerment and social stability (Adebayo, 2023). Despite facing challenges such as gender discrimination, limited access to credit, and infrastructural constraints, women traders have demonstrated resilience and innovation in adapting to market demands (Oluwaseun, 2024). This study appraises the economic contributions of these women by examining their trading activities, income generation, and impact on local economic growth. It highlights the dynamic role women play in shaping market trends and driving entrepreneurial ventures. By analyzing financial data, market performance, and socio-cultural influences, the research aims to quantify the economic impact and propose policy recommendations to further support women traders, thereby enhancing overall market productivity (Taiwo, 2025).
Statement of the Problem
Women traders in Bodija Market face significant challenges including limited access to capital, infrastructural inadequacies, and gender-based constraints that hinder their full economic potential (Adetokunbo, 2023). These issues not only affect individual incomes but also constrain the broader economic development of Ibadan North. The lack of supportive policies and targeted interventions further exacerbates these challenges, leading to underutilization of a key economic resource. This study seeks to evaluate these challenges and develop actionable strategies to enhance the economic contributions of women traders (Folashade, 2024).
Objectives of the Study:
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To assess the economic contributions of women traders in Bodija Market.
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To identify challenges affecting their trading activities.
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To propose policy recommendations to enhance their economic impact.
Research Questions:
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What is the economic impact of women traders in Bodija Market?
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What challenges limit their trading performance?
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What policy measures can support and enhance their contributions?
Research Hypotheses:
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H₁: Women traders significantly contribute to household income in Ibadan North.
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H₂: Gender-based constraints negatively affect trading performance.
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H₃: Targeted policy interventions can improve the economic outcomes of women traders.
Significance of the Study
This study is significant as it highlights the vital economic role of women traders in Bodija Market and offers strategic recommendations for empowering them. The findings will inform policy decisions, promote gender equality, and drive local economic development, ensuring that the contributions of women are fully recognized and supported (Ifeoma, 2023).
Scope and Limitations of the Study:
The study is limited to assessing the economic contributions of women traders in Bodija Market, Ibadan North Local Government Area, focusing solely on local market dynamics and challenges.
Definitions of Terms:
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Women Traders: Female entrepreneurs engaged in market trading activities.
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Economic Contribution: The measurable impact of an individual or group on local economic performance.
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Market Productivity: The efficiency and effectiveness of trading activities in generating economic value.
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