Employing the regression model, this study examines the effect of small and medium enterprises on employment generation in Nigeria. The findings revealed that small and medium enterprise development and per capita income are statistically significant in explaining employment generation in Nigeria while commercial bank credits to SMEs, infrastructure, foreign aids and human capital development are statistically insignificant in explaining employment generation in Nigeria. The study recommends among others that the government should adopt high import tariff and low import quotas to encourage our local industries grow and create adequate employment thereby reducing d on imported goods.
This study examines the effect of human resource development on organization productivity: A study of selected manufacturing firms in Anambra State. The model's estimates were estimated via multiple econometric model of the ordinary least square to ascertain the effect of Learning and Education (L&E), Experience and Expertise (E&E) and Innovation and Creativity (I&C) on organization productivity of selected manufacturing firms in Anambra State. The results show that Learning and Education (L&E), Experience and Expertise (E&E) and Innovation and Creativity (I&C) have significant impact on productivity of selected manufacturing firms in Anambra State. This study therefore recommends that: Manufacturing firms should strive to employ competent employees in order to improve their productivity. Employees that have developed expertise from experience should be retained and encouraged by firms because they are source of improving productivity. Manufacturing firms should invest in human resource development to produce innovative and Creative (I&C) employees for the organizations. Manufacturing firms should encourage and include Learning and Education (L&E), Experience and Expertise (E&E) and Innovation and Creativity (I&C) in their budget because they have been found to significantly impact on productivity of manufacturing firms.
This study examines the determinants of business performance in the Nigeria's manufacturing sector. The study was necessitated by the perceived declining performance of the Nigeria manufacturing sector. Secondary data covering the period 1980-2018 were sourced from the Central Bank of Nigeria. The model's estimates were estimated via multiple econometric model of the ordinary least square to ascertain the effect of macroeconomic variable (Financial intermediation, Infrastructure, Market size, Exchange rate, Interest rate and Inflation rate) on the business performance in the Nigeria's manufacturing sector. From the result of the OLS, it was observed that financial intermediation, infrastructure and market size have a positive impact on manufacturing sector while exchange rate, interest rate and inflation rate have a negative impact on manufacturing sector in Nigeria. From the regression analysis, the results also show that all the variables conform to the a priori expectation of the study. With the exception of infrastructure and inflation rate, all other variables are statically significant which indicates that financial intermediation, market size, exchange rate, interest rate are good determinants of business performance in the Nigerian manufacturing sector. The study recommends that the energy sector needs to be overhauled especially the EEDC to supply just the sufficient energy to drive the economy. Painstaking and well-coordinated macro-economic policies with special references to the price level and exchange rate regime need to be put in place to ameliorate the business sector among others.
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