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Assessment of China ? Nigeria Relation in the Transportation Sector: A Tool for the Growth of Small-Scale Business Enterprises in Nigeria.
Subject area: Management and Commerce · Area of research: Cross cultural Management
Abstract
In Nigeria, various governments at different times had made various efforts toward solving the problem of infrastructure by seeking the participation of a number of foreign actors. The main objective of study was to assess the China/Nigeria relationship in the transportation sector as a tool for the growth of small and medium scale business enterprises in Nigeria. The study investigated how China/Nigeria relationship in the transportation sector affected the growth of business enterprises in Nigeria. The population of the study is 1880 comprising of selected major stakeholders in transport sector and managers of businesses in Abuja and the sample size was derived using Taro Yamane formula which was 330. The research design was survey and sampling techniques used were stratified random sampling technique and simple proportion. Data were collected from primary sources with the use of questionnaires. The statistical package of ordinary least square of simple regression was adopted for the test of hypotheses. Findings revealed that there is a significant positive relationship between Road Construction and Rehabilitation and business expansion in Nigeria, there is a significant positive relationship between Rail Construction and effectiveness of small-scale businesses in Nigeria and that Upgrading of Airport Terminal have a significant positive impact on service delivery of small-scale businesses in Nigeria. Based on the result of the analysis, it was therefore, concluded that China/Nigeria relationship in the transportation sector is a tool for the growth of small-scale business enterprises in Nigeria. In accordance with the findings, the following recommendations were made which include that the Federal Government should broaden the bilateral agreement with China to include water transportation. More so, the scope covered on construction and rehabilitation should be increased. Also, the Nigeria/China relation on Rail Construction should be enlarged to include establishment of businesses in Nigeria where most of the materials for rail construction would be sourced.
Keywords
Rehabilitation, Globalization, Infrastructure
References
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How to cite this paper
@article{1706296,
author = {Dr. Daniel, Dare Joseph, Ezeamuzie, Joyce Ndidi},
title = {Assessment of China ? Nigeria Relation in the Transportation Sector: A Tool for the Growth of Small-Scale Business Enterprises in Nigeria.},
journal = {Iconic Research And Engineering Journals},
year = {2024},
volume = {8},
number = {3},
pages = {657-664},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1706296.pdf},
abstract = {In Nigeria, various governments at different times had made various efforts toward solving the problem of infrastructure by seeking the participation of a number of foreign actors. The main objective of study was to assess the China/Nigeria relationship in the transportation sector as a tool for the growth of small and medium scale business enterprises in Nigeria. The study investigated how China/Nigeria relationship in the transportation sector affected the growth of business enterprises in Nigeria. The population of the study is 1880 comprising of selected major stakeholders in transport sector and managers of businesses in Abuja and the sample size was derived using Taro Yamane formula which was 330. The research design was survey and sampling techniques used were stratified random sampling technique and simple proportion. Data were collected from primary sources with the use of questionnaires. The statistical package of ordinary least square of simple regression was adopted for the test of hypotheses. Findings revealed that there is a significant positive relationship between Road Construction and Rehabilitation and business expansion in Nigeria, there is a significant positive relationship between Rail Construction and effectiveness of small-scale businesses in Nigeria and that Upgrading of Airport Terminal have a significant positive impact on service delivery of small-scale businesses in Nigeria. Based on the result of the analysis, it was therefore, concluded that China/Nigeria relationship in the transportation sector is a tool for the growth of small-scale business enterprises in Nigeria. In accordance with the findings, the following recommendations were made which include that the Federal Government should broaden the bilateral agreement with China to include water transportation. More so, the scope covered on construction and rehabilitation should be increased. Also, the Nigeria/China relation on Rail Construction should be enlarged to include establishment of businesses in Nigeria where most of the materials for rail construction would be sourced.},
keywords = {Rehabilitation, Globalization, Infrastructure},
month = {September},
}