IMPACT OF ELECTRICITY ON PERFORMNACE OF SMES IN NIGERIA (A CASE STUDY OF SELECTED SMES IN ETI-OSA LGA)

ABSTRACT

This study was centered on the impact of electricity on the performance of SMEs in Nigeria. The main objective of this study is to examine the impact of electricity on the performance of SMEs in Nigeria. The study employed the descriptive and explanatory design; questionnaires in addition to library research were applied in order to collect data. Primary and secondary data sources were used and data was analyzed using the chi-square statistical tool at 5% level of significance which was presented in frequency tables and percentage. The respondents under the study were 150 SME owners.

The study findings revealed that there is a significant relationship between electricity and the performance of SMEs in Nigeria. Based on the findings from the study, government should do more in the provision of constant power in other to enhance the performance of SMEs.

TABLE OF CONTENTS

Title Page -        -        -        -        -        -        -        -        -        i

Approval Page   -        -        -        -        -        -        -        -        ii

Declaration        -        -        -        -        -        -        -        -        iii

Dedication          -        -        -        -        -        -        -        -        -        iv

Acknowledgement      -        -        -        -        -        -        -        v

Abstract    -        -        -        -        -        -        -        -        -        vi

Table of Contents       -        -        -        -        -        -        -        vii

CHAPTER ONE – INTRODUCTION

1.1    Background of the Study    -        -        -        -        -       

1.2    Statement of General Problem   -        -        -        -       

1.3    Objective of the Study         -        -        -        -        -        -       

1.4    Research Questions   -        -        -        -        -        -       

1.5    Hypothesis   -      -      -      -      -      -      -        -        -       

1.6    Significance of the Study    -        -        -        -        -       

1.7    Scope of the Study      -        -        -        -        -        -       

1.8    Definition of Terms    -        -        -        -        -        -       

CHAPTER TWO – REVIEW OF RELATED LITERATURE

2.0   Introduction     -        -        -        -        -        -       -         

2.1   Overview of SMEs             -        -        -        -       

2.3   Empirical studies              -        -        -        -        -       -          -        -       

2.4   Theoretical framework   -         - -      -      -      -   -

CHAPTER THREE – RESEARCH METHODOLOGY

3.1    Introduction       -        -        -        -        -        -        -        -        -

3.2    Research Design         -        -        -        -        -        -        -        -

3.3    Area of the Study       -        -        -        -        -        -        -        -

3.4    Population of Study   -        -        -        -        -        -        -        -

3.5    Sample size and Sampling Techniques        -        -        -        -        -

3.6    Instrument for Data Collection   -        -        -        -        -        -

3.7    Validity of the Instrument -        -        -        -        -        -        -

3.8    Reliability of the Instrument       -        -        -        -        -        -

3.9    Method of Data Collection  -        -        -        -        -        -        -

3.10  Method of Data Analysis    -        -        -        -        -        -        -

CHAPTER FOUR – DATA PRESENTATION AND ANALYSIS

4.0    Introduction       -        -        -        -        -        -        -        -        -

4.1    Data Presentation and Analysis -        -        -        -        -        -

4.2    Characteristics of the Respondents     -        -        -        -        -

4.3    Data Analysis    -        -        -        -        -        -        -        -        -

4.4    Testing Hypothesis    -        -        -        -        -        -        -        -

4.5    Summary of Findings          -        -        -        -        -        -        -        -

4.6    Discussion of Findings        -        -        -        -        -        -        -

CHAPTER FIVE – SUMMARY, CONCLUSION AND RECOMMENDATION

5.0    Introduction       -        -        -        -        -        -        -        -        -

5.1    Summary  -        -        -        -        -        -        -        -        -        -

5.2    Conclusion         -        -        -        -        -        -        -        -        -        -

5.3    Recommendations      -        -        -        -        -        -        -        -

          References -       -        -        -        -        -        -        -        -        -

Appendix  -        -        -        -        -        -        -        -        -        -

CHAPTER ONE

INTRODUCTION

1.1   BACKGROUND TO THE STUDY

Access to electricity and its accompanied high tariffs poses a greater challenge to SMEs growth and performance in lower income countries like Nigeria, as compared with those in higher income countries. This assertion is confirmed in a research by Scott et al (2014) which reveals that, the proportion of SMEs in high-income countries citing electricity as a major constraint is half of their counterparts in the Sub-Saharan African and Asia countries. Cost and time spent on acquiring electricity were also higher in the Less Developed Countries compared with that of High-Income Countries. However, this study is examining the effect of electricity on the performance of SMEs in Nigeria.

The effect of electricity power outage on SMEs in Nigeria posited that, the current electricity crises in the country were costing the SMEs over US $686.4 million of annual sales. The SMEs continued to record a huge loss day by day as a result of poor electricity supply.  These have been partly blamed on market and state failures, which have led to the poor electricity supply.

In the interim, a lot has equally been said with regards to the appalling state of Nigeria's epileptic power sector according to Akuru and Okoro (2009). Energy consumers do not get electricity supplied to them because the local utility companies do not get power transmitted to them from the electric grid. The managers of electric transmesion are quick to accuse the generating stations of insufficient generating MW capacity. And as if trading of blame has become routine with each of these sectors, the generating stations either claim they do not get enough gas to power their plants or they turn around and claim that the transmesion companies themselves cannot boast of a strong transmesion backbone to transmit what is being generated.