UGC Approved Journal no 63975(19)

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Published in:

Volume 8 Issue 10
October-2021
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2110364


Registration ID:
316248

Page Number

d564-d571

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Title

IMPACT OF BANK OF INDUSTRY ON GROWTH OF ENTREPRENEURIAL ACTIVITIES IN MAIDUGURI BORNO STATE NIGERIA

Abstract

Entrepreneurs are organizers whose inputs gave value to the other recourses when combined in the production process of goods and services. Bank of industry is a development financial Institution established to ensure economic growth and development in Nigeria through supporting entrepreneurial activities and other industrial activities. To this effect, promoting and enhancing entrepreneurial activities is of paramount importance to the economy. The present study attempts to examine the Impact of Bank of Industry on Growth of Entrepreneurship activities in Maiduguri Borno State Nigeria. Both primary and secondary data were gathered with the aid of structured questionnaire from the skill and permanent staff of the Bank of industry as sources of data through survey and available data methods. Data Collected were presented and analyzed with the aid of simple percentage and chi-square statistical test was used to test the research hypothesis. It was revealed that there is significant relationship between the Bank of Industry (BOI) and entrepreneurial activities in Maiduguri. On the other hand, it was found out that the federal government programs that were designed to encourage the entrepreneurs have not achieved their objectives in terms of entrepreneur’s innovation, creativity and diversification in Maiduguri Borno state. The study recommends that the government should review and modify the initiated programs by involving right and appropriate human and material resources that will reach out to right entrepreneurs who would use the facility appropriately and there should be increase in the fund mobilization as well as the recovery of the credit granted.

Key Words

Bank of Industry, Entrepreneurship, Entrepreneurial activities, profitability, Sales volume and Growth.

Cite This Article

"IMPACT OF BANK OF INDUSTRY ON GROWTH OF ENTREPRENEURIAL ACTIVITIES IN MAIDUGURI BORNO STATE NIGERIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 10, page no.d564-d571, October-2021, Available :http://www.jetir.org/papers/JETIR2110364.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"IMPACT OF BANK OF INDUSTRY ON GROWTH OF ENTREPRENEURIAL ACTIVITIES IN MAIDUGURI BORNO STATE NIGERIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 10, page no. ppd564-d571, October-2021, Available at : http://www.jetir.org/papers/JETIR2110364.pdf

Publication Details

Published Paper ID: JETIR2110364
Registration ID: 316248
Published In: Volume 8 | Issue 10 | Year October-2021
DOI (Digital Object Identifier):
Page No: d564-d571
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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