ANALYSIS OF THE EFFECTS OF POLICY ON THE DEVELOPMENT OF AGRO-BASED MICRO-ENTERPRISES IN THE INFORMAL SECTOR OF BAYELSA STATE, NIGERIA

📄 Project Abstract

This study was conducted to analyze the effects of policy on the development of Agro-based micro-enterprises in the informal sector of Bayelsa State of Nigeria. Structured questionnaires were used to collect data from 150 microenterprises that were randomly selected. Descriptive statistics, multiple regression, Access model and the t- statistics were employed for data analysis. Among the major findings were that the agricultural micro-enterprises span the entire agricultural sector of crop production, animal, fisheries, processing and trading. The age range of the entrepreneurs were between 31-65 years (85.4%), with women dominating the sector (58.0%). The level of education was appreciable with 44.0% having more than primary education, the enterprises were relatively new with experience range of 1-10years and 80.7% employed between 1 and 10 persons. The average income was N100,000 per annum and an asset holding of N100,000 to N150,000. Econometric estimation showed that experience, si...