Smuggling and Performance of Small and Medium Scale Enterprises in Ekiti State, Nigeria (Published)
Smuggling has become a huge global menace which has continued to impact on the activity of locally manufactured good. The study examined the effect of smuggling on performance of small and medium scale enterprises in Ekiti state. The study adopted survey approach in which questionnaire was the research instrument. The study population consists of 395 small scale business owners in Ekiti state. Multi-stage sampling was used to select 350 SMEs owners who participated in the study. Data analysis was done using simple linear regression. The regression test results showed that smuggling activities significantly affect the performance SMEs in Nigeria. It was recommended among others that Government of Nigeria should consider having a clear smuggling policy which should vehemently stand tall against any act of smuggling while offenders should be heavily punished.
Citation: Aliu, Akidele Anifowose , Adejimi, Seun Oyebola, and Adebayo, Adeleke David (2022) Smuggling and Performance of Small and Medium Scale Enterprises in Ekiti State, Nigeria, International Journal of Small Business and Entrepreneurship Research, Vol.10, No.2, pp.,36-40,
Keywords: Economic Performance, Economy, SMEs, Smuggling
Smuggling and Performance of Small and Medium Scale Enterprises in Ekiti State, Nigeria (Published)
Smuggling has become a huge global menace which has continued to impact on the activity of locally manufactured good. The study examined the effect of smuggling on performance of small and medium scale enterprises in Ekiti state. The study adopted survey approach in which questionnaire was the research instrument. The study population consists of 395 small scale business owners in Ekiti state. Multi-stage sampling was used to select 350 SMEs owners who participated in the study. Data analysis was done using simple linear regression. The regression test results showed that smuggling activities significantly affect the performance SMEs in Nigeria. It was recommended among others that Government of Nigeria should consider having a clear smuggling policy which should vehemently stand tall against any act of smuggling while offenders should be heavily punished.
Keywords: Economic Performance, Economy, SMEs, Smuggling
The Regent Business Schools New Entrepreneurial Centre: Towards Transforming South Africa’s Past and Reformulating the Present (Published)
The paper looks at entrepreneurship in terms of its importance to South Africa. In this regard it discusses the importance of initiatives like the Regent Business Schools proposed new Entrepreneurial Centre which will be opened in the latter part of 2016. A brief historical perspective is undertaken in this regard, in order to firstly situate the thrust, importance and necessity of the entrepreneurship and entrepreneurial dynamic, as it relates to a democratic South Africa. This is undertaken within the context of development and leadership in South Africa. The importance of entrepreneurship cannot be under estimated, in terms of development and economic growth in South Africa for purposes of stimulating much needed small business development and, the empowerment of the masses of people neglected by the administrative government systems by both, the apartheid and democratic government, post 1994. In undertaking the discussion in this paper, the issues towards transforming South Africa’s past and transforming the present assumes significance, in terms of the transformation agenda of the state. In addition the paper very briefly discusses development theories, and calls for a reformulation of these theories in order, to engineer sustained and coordinated development within developing countries. The paper outlines the strategic plan for the Regent Business Schools Centre for Entrepreneurship and its modalities for engagement for purposes of consolidating this important and necessary initiative. By the same token, the paper discusses very briefly the problems that higher education confronts in respect to access into higher education in South Africa and, therefore, posits that entrepreneurial training and development can assist in solving some problems that the country confronts, in terms of access to higher education and entrepreneurial development.
Keywords: Business, Economy, Education, Entrepreneurship, Reformulating, Transforming