The Impact of Covid 19 Pandemic on Small and Medium Scale Enterprises’ SMEs Performance in Yobe State
Journal Title: International Journal of Trend in Scientific Research and Development - Year 2021, Vol 5, Issue 3
Abstract
The objective of this study is threefold to investigate the performance of SMEs prior the cases of COVID 19 in Yobe State to examine the performance of SMEs during COVID 19 in Yobe State and to suggest measures for the resilience of the SMEs’ performance after the COVID 19 in Yobe State. The study adopted a survey research design and the sample size was 301 respondents which were selected through multi stage cluster sampling in which the State will be divided into three clusters, based on senatorial districts Zone A, Zone B, and Zone C . Simple random sampling technique was adopted to select the sample. The instruments of data collection were questionnaire and one focus group discussion FGD , thus mixed method quantitative and qualitative was employed to analyse the data for the questionnaire and the FGD, respectively. The study found out that COVID 19 has negatively affected the performance of SMEs in Yobe State. For example, many businesses have demised in Yobe State due to the closure of workplaces many SMEs have stopped operating for many months. The study concluded that SMEs have been performing greatly and they were important to the Yobe State economy before COVID 19 in State Yobe, but the incidence of the COVID 19 has brought setback to the commercial activities in the State. COVID 19 affected the performance of SMEs through closure of all firms, including SMEs due to total lockdown SMEs owners also experienced distraction and widespread panic due to the epidemic lack of raw materials because of less movement of goods and services during the pandemic. There was also the death of some owners of the SMEs especially the old ones, and expiration of some products due to lock down, and downfall of some merchants that operate SMEs in Yobe State. The study therefore recommended that government and development partners should provide soft loans and free grants for affected indigenous SMEs to get resuscitated deliberate effort at making the SMEs very strong to resist the ripple effect of the COVID 19 and save the SMEs from collapsing by operating during all forms of pandemics through online marketing. Jamaluddeen Abubakar Usman "The Impact of Covid-19 Pandemic on Small and Medium Scale Enterprises’ (SMEs) Performance in Yobe State" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-3 , April 2021, URL: https://www.ijtsrd.com/papers/ijtsrd40019.pdf Paper URL: https://www.ijtsrd.com/management/other/40019/the-impact-of-covid19-pandemic-on-small-and-medium-scale-enterprises’-smes-performance-in-yobe-state/jamaluddeen-abubakar-usman
Authors and Affiliations
Jamaluddeen Abubakar Usman
Keywords
Related Articles
- EP ID EP695311
- DOI -
- Views 103
- Downloads 0
Experimental Research on the Strength of Concrete for Local Cement with Various Replacement Materials
The main purpose of this paper is to study the effects of “Various replacement materials for cement in concrete strength. Materials used in this research are abundant in Mandalay, Myanmar. In this paper, the chemical c...
Effects of Financial Management Reforms on Financial Corruption in Nigeria Public Sector
This paper examined Financial Management Reforms and its Effect on Curbing Financial Corruption in Nigeria Public Sector. A survey design was adopted in the study and a sample of three hundred and twenty four 324 respond...
Comparative Study of Machine Learning Algorithms for Rainfall Prediction
Majority of Indian framers depend on rainfall for agriculture. Thus, in an agricultural country like India, rainfall prediction becomes very important. Rainfall causes natural disasters like flood and drought, which are...
Determination of Local Site Effects in Taikkyi Area, Yangon Region by using Microtremor Observations
Considering the possible local site effect is one of the most important facts in seismic hazard assessment. Depending on the local site condition, the characteristics of the seismic waves propagated through different geo...
A Study to Assess the Effectiveness of Information Booklet on Knowledge Regarding Sex Education among Higher Secondary Students in Selected School of Lucknow, Uttar Pradesh
The present study has been conducted to know the effectiveness of on knowledge regarding Sex Education among higher secondary students in selected school of Lucknow, Uttar Pradesh. In order to achieve the objectives one...