Browsing by Author "Nwoye May Ifeoma"

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Effect of Enterprises Management on the Performance of Poultry Farming in North Central Nigeria
(Design Construction Maintenance, 2023-02-02) Nwaubani, Rex Ugochukwu; Cross Ogohi Daniel; Nwoye May Ifeoma; Abubakar Hadiza Saidu
In Nigeria, despite the enormous contribution of MSMEs to the development of the agricultural sector is plagued by severe funding constraints. This study investigates the effect of enterprise management on the performance of Micro, Small, and Medium Scale poultry farming in North Central Nigeria. Other specific objectives are: Examine the extent to which strategic orientation affects the growth of poultry farmers in North Central Nigeria, Investigate how resource orientation influences the profitability of poultry farming in North Central Nigeria, Evaluatethe degree to which management structure improve the performance of poultry farming in North Central Nigeria, Examine the extent to which growth orientation influence the performance of poultry farming in North Central Nigeria, Examine the extent to which entrepreneurial culture influence the performance of poultry farming in North Central Nigeria, Investigate the effect of Reward philosophy on profitability of poultry farming in Nigeria. The study utilized mixed methods research design based on a population of five hundred and six (506) registered livestock farmers across North Central comprising of Kogi, Benue, Plateau, Niger, Kwara, Nasarawa and Abuja from which a multi-stage sample of two hundred and twenty-three (223) sample arrived using Taro Yamane’s size calculation formula. The data collected through a well-structured questionnaire was analyzed using both simple percentage and regression analysis at, 0.05 alpha level of significance. The study found that there is a significant and positive relationship between strategic orientation, management structure, entrepreneurial culture and business growth, profitability and business sustainability of poultry farming. It was also found that assets strategic orientation has a significant positive effect on business growth. In addition, the study found that management structure has a positive significant effect on profitability. Finally, it was established that government subsidies is a common denominator used in promoting business sustainability for young graduate poultry farmers. The study submitted that enterprise management play a significant role in promoting economic the growth of poultry farming operating in the agricultural sector. Among others, the study recommended that financial and technical support should be provided for small-scale business enterprises across sectors especially those into poultry farming. Also, the government should provide conducive macroeconomics that will raise the creation of decent jobs through the Agricultural sector.
Effect of Female Entrepreneurial Experience on Start-Ups of Educational Institutions
(Wseas Transactions on Business and Economics, 2022-02-02) Ngele Anthonia Nnebuife; Abubakar Hauwa Lamino; Nwoye May Ifeoma; Cross Ogohi Daniel
This study evinced the cruciality of female entrepreneurial experience as a gainful propeller of start-up educational institutions in North-Central Nigeria. The focal aim of this study is to ascertain the effect of female entrepreneurial experience on start-ups specifically in the educational sector, which over the years recorded a tremendous influx of female entrepreneurs. A descriptive research design was adopted as the framework for this study and the population of the study comprised 43,470 female educators within the North-Central region of Nigeria. The Cochran sample size determination technique was used to obtain the sample size of 385 respondents. Bowley's allocation formula was adopted to determine the sample size of each North-Central state while simple random and purposive sampling was used to select participants. The questionnaires were structured in a 5-point Likert scale as a validity and reliability test was conducted to ensure their credibility. Data retrieved were analyzed using descriptive and inferential statistics via the aid of the Statistical Package for Social Sciences (SPSS) version 25 statistical tool. The results of the regression analysis validated the data at a 0.05 significance level. The findings revealed that socio-cultural expectations, exceptional economic support, social networking, innovation, and self-efficacy have a significant effect on the growth of educational institutions in North-Central Nigeria. Hence the study concludes that female entrepreneurial experience adversely affects the growth of educational institutions and start-ups in North-Central Nigeria. The study recommends that good government policies geared towards equal support of female entrepreneurs as endorsed by the liberal view of the feminist-based entrepreneurship theory.
Impact of Penetration Strategy on the Performance of Manufacturing Industry in North West Nigeria
(Scientific Research Publishing, 2023-02-02) Josiah Ayoola Bukoye; Muritala Taiwo Adewala; Hadiza Saidu; Nwoye May Ifeoma; Ogedengbe Frank Alaba
Years of outdated infrastructure, inconsistent policy, political economy in business regulation, bad pricing, advertising, and product quality, as well as low or no access to finance by most entrepreneurs have plagued Nigeria’s industrial sector, notably that of the country’s North-West, for years. The manufacturing sector in North West Nigeria is not operating at its peak potential, despite the emphasis on penetration strategy (pricing, product, and promotion). The study’s objective was to ascertain how penetration strategy affects the performance of the industrial sector in North-West Nigeria. Surveys were used as the primary method of the study’s investigation. 81 people made up the study’s population and sample size. The preferred statistical technique used in the study was multiple regression, and the respondents’ responses to a questionnaire were used to gather the study’s data. According to the findings, the penetration strategy’s price (PRI and PROM = 0.02 + 0.14 and 0.02 +1.71) and product (PROD = 0.2 - 1.30) components have a significant impact on the performance (effectiveness) of the manufacturing sector in North West Nigeria, both positively and negatively. The study advises the manufacturing sector in North-West Nigeria to continually altering price and promotion strategies to improve performance because doing so is an efficient way to draw in new clients. This is necessary for the market penetration plan to be implemented effectively. Spend more energy and time on a promotion to raise brand awareness. Due to this unfavourable impact, employ an efficient marketing plan that will raise product awareness in such places.
Impact of Project Cost Control on the Financial Performance of the Nigerian Construction Industry
(Scientific Research Publishing Inc., 2024-02-02) Abani Joseph Alu; Muritala Taiwo Adewale; Ogedengbe Frank Alaba; Nasamu Gambo; Nwoye May Ifeoma
The success of any construction project largely depends on the ability to manage project costs effectively. However, cost control in the Nigerian construction industry is characterized by numerous issues such as inadequate planning, poor communication, lack of accountability, and corruption. This conceptual review aims to examine the current state of project cost control in the Nigerian construction industry, identify the key factors affecting cost control, and provide insights into possible solutions to these challenges. The Nigerian construction industry has been plagued with cost overruns, delays, and poor project performance, which have led to a significant waste of resources and financial loss. The findings of this review will be useful to stakeholders in the construction industry, including project managers, policymakers, and researchers, and will help to improve the cost management practices in the Nigerian construction industry. The study reveals that ineffective cost control strategies, poor project planning, and inadequate monitoring and control systems are major issues affecting project cost control in Nigeria. The review also highlights the need for a shift towards more proactive and integrated cost control approaches, as well as the adoption of emerging technologies in project cost control. Ultimately, this study provides valuable insights into the challenges faced by project managers in controlling project costs in the Nigerian construction industry and offers recommendations for improving project cost control practices.