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STREET TRADING IN OREDO LOCAL GOVERNMENT AREA OF EDO STATE:
CAUSES AND EFFECTS
ABSTRACT
In this research, street trading in Oredo Local Government
Area of Edo State, causes and effects, was designed to properly examine the
extent to which street trading has gone in the development of Edo State. the
interviews of people were considered and evaluated, questionnaire methods was
used for data collection. In chapter one background to the study was given on
the causes and effects of street trading in Oredo Local Government Area of Edo
State. In chapter two, review of related literature was saliently reviewed to
discuss how street trading has affected the lives of people and how it is being
caused. In chapter three, exposed the method adopted for this study,
target population, sample and sampling techniques. Chapter four was focused on
presentation of data analysis which were considered in consonance with the
research questions in chapter one. Finally chapter five concludes the study by
drawing conclusion from the findings; proffer some suggestions on personal
assessment of findings, recommendations for further research was also
considered to wrap up the research.
TABLE OF CONTENTS
CHAPTER ONE
Introduction
Background of the study
Statement of problem
Purpose of the study
Scope of the study
Significance of the study
Research hypothesis
CHAPTER TWO
Literature review
Causes of street trading
Educational implementation of street trading in Oredo Local
Government Area of Edo State
Effects of street trading
The measures put in place by government to curb street
trading
CHAPTER THREE
Methodology
Research design
Population
Sample
Method of data collection
Sample techniques
Method of data analysis
CHAPTER FOUR
Representation of data analysis
Introduction
Data presentation
CHAPTER FIVE
Summary findings, conclusion and recommendation
Summary findings
Conclusion
Recommendations
BIBLIOGRAPHY
QUESTIONNAIRE
CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY
The
function of street trading in the societal development of many nations cannot
be over-emphasized. Whether neglected or encouraged, their importance cannot
effectively be submerged since every individual can easily reach their needs
through this street trading.
Oredo
Local Government Area is one of the three local Government Areas that make up
the state capital Benin City with its administrative headquarter at king square
in the City centre. The people there are mostly sole proprietors small scale
traders and also street traders and as such could not afford large scale
enterprise; hence they embrace little that can yield income for them to cater
for themselves and families. Some examples of the trades done on street are:
1)
Sales of recharge cards
2)
Mini
provision kiosks
3)
Retail
shops
4)
Selling
of corn
5)
Roasting
of plantain (i.e. bole). Etc.
Street trading according to Uwoyo
(1995) is a trade done on a public road in city, town or village. It is as a
result of low financial status of the people with the inability of creating
lager business enterprises that can yield good income street trading in Oredo
Local Government Areas is mostly caused by poverty. For example; a commercial
motorcyclist popularly known as okada riders, with a family if 6 (six) children
and whose wife finds it difficult to use the money gotten from his okada
business to cater for his family will set up a little sole proprietorship
business or give his wife little money to open any street trade to help the
family. However in another view by Nwoyo (2005), street trading can also be
caused by lack of education, high birth rate, frustration, etc.
Okeyo
(1998) gave the following as the main criteria used to describe street trading:
1)
It is usually sited on streets
2)
It is usually a sole proprietorship business
3)
Financial strength
4)
Scale of value
5)
Relative size and initial capital outlay
Basically, as a manifestation of
various attempts by the developing world to chart the course of new economic
growth and development, it is also vital to note the prospects; Ogoke (2005)
explained that in Nigeria, street trading constitutes the largest proportion of
societal trade sector.
STATEMENT OF PROBLEM
This
research will focus attention on the problems. Causes and effects of street
trading in Oredo Local Government Area, one of the major causes of street
trading is financing, which leads to inadequate capital and inadequate
facilities for sustaining the development and as well as growth of these retail
shops.
In
Oredo Local Government Area, the system of financing local business sited on
streets is usually difficult for owners because what they sometimes not enough
for them and their families to manage let alone having a reservoir for savings.
This
research work seeks to evaluate the causes and effects of street trading and
how to eliminate it. Hence the need to the different problems facing them and
how the problem could be minimized or even eradicated.
Also
looking at the problems properly, it is also good and better to state first
these research questions?
a)
What is the respondent’s major source of labour?
b)
How is the respondents business financed?
c)
What is the respondents’ level of education?
d)
Does the respondent engage in street trading?
e)
Why does the respondent engage in street trading?
f)
Has the respondent encountered any problem in the course of street trading?
PURPOSE OF THE STUDY
The
purpose of the study is to check the causes and effects of street trading in
Oredo Local Government Area and how to eliminate as well as the problems
associated with it.
SCOPE OF THE STUDY
The
scope means area covered by the project. The scope of this study is narrowed
down to cover the entire Oredo Local Government Area of Edo State in this
present year.
SIGNIFICANCE OF THE STUDY
The
major significance of this study is to proffer solution to the menace of street
trading in Oredo Local Government Area of Edo State. it is hoped that the study
will help in minimizing problems associated with street trading and will
increase the body of knowledge on the operation of street trading which is in
form of sole Proprietorship business, it is also helped that the study will be
useful to economic planners, sole proprietors, street traders and decision
makers.
RESEARCH HYPOTHESIS
In
order to find solution to the research problems these research hypothesis have
been formulated.
1)
Street trading obstructs free flow of human and vehicular traffic, leading to
accidents and other hazard.
2)
Ignorant
and curious traders should be educated on street trading to assert the effects
and harm it cause on children, parents and also the environment.
3)
Inadequate
capital hinder the growth of small scale industries, sole proprietorship
business and causes street trading in Oredo Local Government Area of Edo State
4)
Funds
should be loaned to street traders to enable them start up a palatable business
so as to reduce street trading as well as poverty.
5)
Street
trading leads to environmental hazards and disorder causing land population in
various areas situated
6)
Street
trading is prevalent in Oredo Local Government Area as a result of insufficient
skilled personnel.
7)
Lack
of knowledge is these street traders on how to create more strategies to run
their business.
8)
In
Oredo Local Government Area of Edo State, street trading can be eradicated by
providing assistance to the poor and needy to help the fight against poverty.
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