Journals
Online ISSN: 2520-4521 | Print ISSN: 2522-6606
Archives
Volume 7 Number 2 June 2023
Assessing Ethno-Religious and Political Violence as a Bane on the Performance and Sustainability of Small and Medium Scale Business Enterprises in Abuja Area Councils, Nigeria
Pages: 10-18Authors: Marcus Garvey ORJI
Abstract
The socio-economic structure of Nigeria and Abuja particularly have paved way for frustrations which is triggering constant violence that is affecting the performance and sustainability of Small and Medium scale Business Enterprises (SMEs). The objective of this study was to assess ethno-religious and political violence as a bane to the performance and sustainability of business Enterprises in Abuja, Nigeria. The study is a survey research sampling the opinion of 207 respondents. Their opinion was collected using a structured questionnaire. The data obtained was analysed and formulated hypotheses tested using Kendal coefficient of concordance, and the findings revealed that ethno religious violence, Political violence, election campaign violence, thuggery and youth restiveness and gangsters have significant negative influence and is bane to the performance and sustainability of small and medium scale business enterprises in Abuja Area Councils. The study concluded that ethno-religious and political violence which to all intents and purposes retards development, peaceful coexistence, performance and sustainability of business enterprises. Therefore recommended among others that there should be impartiality in handling ethno-religious matters in the Abuja Area Councils; Campaign rallies should be issue based and not making derogatory statements about persons or contestant to avoid campaign violence that threaten businesses in Nigeria; insecurity in its entirety should be addressed because it is moving Abuja business enterprises away from the path of sustainable development.
