EFFECT OF ELECTRICITY SUPPLY ON THE PERFORMANCE OF SMALL BUSINESSES IN NIGERIA

Abstract

The study examines the effect of electricity supply on the performance of small businesses in Nigeria using Abuja, FCT. The study used survey research design using structural questionnaire administered to the respondents who are Small business owners across the six area councils in Abuja, FCT. The population of the study is 2690 and sample size was 348 using Taro Yamane formula to derive it. The study used regression analysis and correlation as statistical tools to analyse the data. The study found that there was a significant effect of electricity supply on performance of Small business in Abuja, FCT with a probability value of less 0.05. The study recommended that Abuja Electricity Distribution Company(AEDC)should ensure that they continue to improve on electricity supply by making it reliable, less cost of supply and solving electricity outage problems in order to enhance the performance of small businesses in Abuja. The Abuja Electricity Distribution Company(AEDC) should ensure that the cost of power supply is minimize and the supply electricity reach all the six area councils in Abuja, FCT.