Economic and Political Business Environment and Performance of Small Scale Enterprises in Kogi State

Abstract

Business operations play a significant role to the Nigerian economy considering its impact on the wellbeing of the citizens as well as the state. However, floating these businesses effectively can only be possible in a conducive business environment. This study titled economic and political business environment and performance of small scale enterprises in Kogi State is written to examine how the economic and political business environment influences enterprise performance in Kogi state. The study reached respondents who are operators or owners of small scale businesses im Kogi state. More so, the study reached these respondents using a 15 items structured questionnaire. The population of the study is infinite hence the study adopts Godden sample size statistical formula which generated a sample size of 383. However, out of the total of 384 questionnaires distributed only 322 were duly completed and returned giving a retrieval rate of 84% retrieval rate. The data were analyzed using a five point’s likert scale and the analytical tool is the regression analysis. The study revealed that there is a significant relationship between economic and political business environment and small scale enterprise performance in Kogi state.