Small and Medium Enterprises and the Challenge of Basic Infrastructure in Southeastern Nigeria

Ugwa, Magnus; Idoko, Grace; Ugwuanyi, B. Ikechukwu

doi:10.70878/cjm.2021.2586e424

Small and Medium Enterprises and the Challenge of Basic Infrastructure in Southeastern Nigeria

Authors: Ugwa, Magnus, Idoko, Grace, Ugwuanyi, B. Ikechukwu

Journal: Contemporary Journal of Management (CJM), ISSN 2766-1431

Citation: CJM 3(2): 1-13, 2021-06-03.

DOI: 10.70878/cjm.2021.2586e424

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Type: Original Research

Abstract

This study examines Small and Medium Enterprises and the Challenge of Basic Infrastructure: in South Eastern Nigeria. Specifically, this study intends to: Ascertain the effect of the good road network on the growth of small and medium scale enterprise in southeast Nigeria. Examine the impact of regular electricity supply on the growth of small and medium scale enterprises in southeast Nigeria. A Survey of randomly selected Small and medium-scale enterprises in the three most industrially states (Enugu East of Enugu State, Nnewi of Anambra State, and Aba of Abia State) in Southeast Nigeria, was selected for the study. The study makes use of secondary data from the selected small and medium-scale enterprises. The Data were analyzed using Linear Regression Analysis. Pearson Correlation analysis was used as the main statistical tool of analysis. It was supported by descriptive statistics. Pearson Correlation was then used to test the two null hypotheses formulated for the study. linear regression analysis was used to compare the results obtained from the correlation analysis. The results reveal that a good road network is significantly positive on the growth of a small and medium-scale enterprise. at 0.848 while the sig-value is 0.001. while good electricity supply is significantly positive on the growth of a small and medium-scale enterprise.at 0.854 while the sig-value is 0.001. The result is also corroborated by the result of the R2 (0.733) and the Adject R2 (0.656) that measure the goodness of the model fitness.

Keywords

Small and Medium Enterprises, Basic Infrastructure, South Eastern Nigeria Authorship 1 Ugwa Magnus (Ph.D), 2 Idoko Grace and 3 Ugwuanyi B. Ikechukwu

Published by Academic Ink Review Journal. Open Access under CC BY 4.0.