THE IMPACT OF DISASTER RISK MANAGEMENT ON THE DEVELOPMENT OF SMALL SCALE BUSINESS IN NIGERIA
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- NGN 3000
Abstract
The study examines the impact of disaster Risk Management on the development of small scale business in Ikeja, Lagos state. The research questions that guided this study were: How effective is disaster risk management on local institutions in Lagos state? What is the implication of mitigating disaster risk on small scale business in Lagos state? How do Lagos state access funds to manage risk associated with disaster? How does policy and operational support at state and federal level affect disaster risk management in Lagos state? The survey method was used as the research design. The entire population of 35 person from NEMA and LASEMA in the state with an estimated population of 200 persons . A questionnaire design in five likert scale was used as the instrument of data collection. The mean (x) was used to analyze data. The result of findings indicates that The effectiveness of disaster risk management in Lagos state is seen from the efficiency of NEMA, as well as the effectiveness of LASEMA, Ecological Fund allocated to Lagos state are not effectively managed. Funds are assessed to manage risk associated with disaster through Disaster risk mitigation trust Fund managed by state through formal institutional structure, Fund raising and Ecological fund accessed from federal government, Bilateral and multilateral assistance at international level as well as accessing the global environmental facility fund of world bank.
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