Journal of Economics, Innovative Management and Entrepreneurship

Power Supply Small And Medium Scale Enterprise In Rivers State Nigeria

2024-02-07T08:42:19-06:00

Medium and small businesses in Rivers State, Nigeria, had their power consumption and productivity analysed in this research. Power supply indicators are used as explanatory factors in the models, whereas performance indices are used as dependent variables. Three research questions and hypotheses were developed by the researcher to get the necessary information from the respondents. The study was then carried out based on these. For this study, researchers opted for a survey approach. The majority of the data came from surveys that were both well-structured and selected using Cochrane sampling methods. The data was analysed using the discrete response approach and the logistic model. Results showed that SMEs' storage of goods, productivity, and revenue were all negatively impacted by the short duration of the public power supply. Therefore, in order to boost productivity, profitability, and job creation in the state of Rivers, the research suggests that more electric power should be directed to the industrial region of Port Harcourt, particularly during the day.

Study Assessing Port Harcourt Superstores' Contributions to Sustainable Development Goals via Consumer Waste Management Behaviours

2024-01-18T04:26:06-06:00

Waste management particularly in Port Harcourt, poses a significant challenge due to the generation of refuse from domestic, commercial, and industrial sources. Globally, superstores generate substantial amounts and diverse types of waste daily, necessitating environmentally friendly practices to align with sustainable development goals. Consumers’ environmental consciousness significantly shapes their shopping and consumption habits. This study aims to evaluate consumer awareness of sustainable development goals (SDGs) related to waste management in Port Harcourt’s superstores and assess consumer involvement in waste management practices during shopping. Employing a descriptive approach, quantitative data was collected through a random sampling method via questionnaires from 112 participants. The tools used were validated, with Statistical Package for Social Science version 26 employed for analysis, encompassing frequencies, percentages, chi-square, and Spearman correlation. The study rejected the null hypothesis, revealing a significant association between consumer awareness of SDGs in waste management and various socio-demographic factors, indicating that heightened awareness correlates with increased engagement. Notably, environmental consciousness drives participation in waste management activities. Importantly, the study underscores that consumer knowledge and awareness, particularly concerning plastic packaging waste, significantly influence waste reduction efforts, indicating the pivotal role of stakeholders, especially superstores, in communicating information and fostering consumer engagement for environmental sustainability.

The Influence of Exchange Rate Fluctuation on Foreign Direct In-vestment in Nigeria (1986-2022)

2024-02-15T09:29:10-06:00

Using yearly data series spanning 36 years, from 1986 to 2021, the research empirically evaluates the influence of exchange rate fluctuation on foreign direct investment in Nigeria. The study’s objectives were focus on examining the extent of exchange rate volatility in Nigeria and ways by which exchange rate volatility impact on foreign direct investment in Nigeria. Secondary source of data was employed from world development indicator (WDI) and central bank of Nigeria (CBN). Autoregressive Distributed Lag (ARDL) were employed and the GARCH (1, 1) model was used in investigating the model built and were analyzed using multicollinearity with the use of Augmented Dickey-Fuller (ADF) test to verify that the variables are stationary in order to make sure the estimated results are not erroneous. Findings from the study shows that real exchange rate volatility (REERVOL) has a long-term and short-term detrimental impact on FDI and negative long- and short-term interest rate coefficients demonstrate that an unfavorable interest rate exacerbates the already diminishing foreign direct investment (FDI) flows to Nigeria as a result of REERVOL. The policy was recommended for improving FDI through effective exchange rate management.

Rethinking Federal Airports Remodeling for Passenger Safety and Security in Achieving the Millennium Goal of the Industry

2024-02-04T22:33:20-06:00

The 9/11 episode set the ball roiling for security in aviation industry in the world. The study looks at the remodeling of federal airport in Nigeria for passenger safety and security in achieving the millennium goal of the industry. Structural functionalism was adopted as the theoretical framework of the study. To carry out the task, the paper employed quantitative method of data analysis with the aid of questionnaire to elicit information. The study found that successive governments in Nigeria have made significant financial investments in the aviation industry in an effort to enhance travel conditions, passenger safety, employment opportunities, efficiency, and passenger confidence. However, the effectiveness of the remodeling task is been hinder by a number of factors amongst human capital deficiency, inappropriate funding, uncoordinated effort and infrastructural deficit. The paper concluded by suggesting the need for effective human capital development, provision of adequate and appropriate fund, unity of purpose among the airport staff and provision of modern and critical needed infrastructural facilities. Well-organized and efficient safety supervision process ensures both the immediate user advantages and the broader economic benefits of Air Transport International (ATI) investments.

Analysis of Economic Development on West Coast Regency, Indonesia, based on Location Quotient (LQ) and Shift Share (SS)

2024-04-04T12:21:52-05:00

The research conducted in the West Coastal Regency, Lampung province, Indonesia, aimed to determine the base sector and analyze the district’s economic performance for strategic development. The study used Location Quotient (LQ) and Shift Share (SS) analysis tools and identified agriculture, forestry, and fisheries as sectors with high LQ scores. The Shift Share (SS) analysis revealed positive performance in five industries, with education, health, and social activities being the basis for development. The development planning in the West Coastal Regency in Lampung province can focus on the Development of Maritime Agroecotourism considering the potential of existing natural resources. The results of the location quotient (LQ) and shift share (SS) analysis can guide regional development planning and improve people’s living standards through community participation and government and private sector support.