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

  • The Complete Research Material is averagely 92 pages long and it is in Ms Word Format, it has 1-5 Chapters.
  • Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
  • Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
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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.

CHAPTER ONE

INTRODUCTION

1.1     Introduction

Agriculture has long been recognized as a source of generating income for most rural

households as well as an engine for economic growth. The ability of households to exchange or

move surplus from region of comparative advantage to region with less potential within a country

or across national borders is an important ingredient towards the growth of agriculture and

improvement of rural livelihood (Muchopa, 2011). And this is done through periodic markets in

rural areas. Arua (2004) observed that promotion of livelihood should concentrate on human

resources and people at local levels and they should be mobilized to work together voluntarily to

put scarce resources at their disposal. Marketing these agricultural products specifically plays vital

roles in enhancing rural dwellers‟ income and eventually promotes their livelihood.

Rural development has been cardinal to Nigeria‟s socio- economic development and

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