EFFECTS OF PERIODIC MARKETS ON ECONOMIC DEVELOPMENT OF GIWA LOCAL GOVERNMENT AREA OF KADUNA STATE, NIGERIA
EFFECTS OF PERIODIC MARKETS ON ECONOMIC DEVELOPMENT OF GIWA LOCAL GOVERNMENT AREA OF KADUNA STATE, NIGERIA
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Date
2017-10
Authors
BABAJO, Hannatu
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Abstract
The study focuses on the effects of periodic markets on economic development of Giwa Local Government Area of Kaduna State. Purposive sampling and Random sampling technique were used to sample four periodic markets and 437 respondents in the study area. Data were collected using questionnaire focusing on participants from the four different periodic markets across Giwa Local Government Area. The data was analysed using both descriptive and multiple regression analysis. The study revealed that periodic markets have significant effect on the economic and infrastructural development of the study area as confirmed by the regression analysis which were significant at 5% level through increase in trader‟s income (0.000), with 24% of the traders earning above N 30,000 monthly , and creation of job opportunities (0.000) like head loaders, carriers, shoe makers road transport workers, grain mill, welding, telecommunication business etc, construction of rural roads (0.000) like the road constructed to link Shika, Biye and Da‟a and provision of electricity(0.000) through the provision of electrical transformers by political representatives. It is concluded that, periodic markets have tremendous benefit in the economic and infrastructural development of Giwa Local Government Area. It is recommended that, there should be establishment of financial institutions in the study area which will help traders to have access to loans to enable them expand their business to earn more income.
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A THESIS SUBMITTED TO THE SCHOOL OF POSTGRADUATE STUDIES, AHMADU BELLO UNIVERSITY, ZARIA IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF MASTER OF SCIENCE (M.SC) IN RURAL DEVELOPMENT
DEPARTMENT OF GEOGRAPHY AND ENVIRONMENTAL MANAGEMENT,
FACULTY OF PHYSICAL SCIENCES,
AHMADU BELLO UNIVERSITY,
ZARIA
Keywords
EFFECTS,, PERIODIC MARKETS,, ECONOMIC DEVELOPMENT,, GIWA LOCAL GOVERNMENT AREA,, KADUNA STATE,, NIGERIA