COVID-19 Impact on Small and Medium Scale Agro-Allied Manufacturing Enterprises in Southwest Nigeria

Abstract

This chapter examined COVID-19 Impact on Small and Medium Scale Agro-Allied Enterprises (SSAMEs) in Southwest, Nigeria with a view to cushion the effects of the pandemic on these enterprises. The study made use of descriptive survey design using both primary and secondary data. Primary data were sourced through questionnaire administered to 438 owners/mangers and in-depth interviews conducted with selected executive members of National Association of Small and Medium Scale Industries (NASMSI). The findings revealed that COVID-19 pandemic has negatively impacted almost all the investigated firms. These impacts included: job losses, bankruptcy, inadequate staff strength; insufficient raw materials, lack of access to equipment and services; inability to access finance, and closed sales outlets. The study made recommendations to mitigate the effects of the pandemic on SSAMEs which included: lifting of ban on boarder closure; provision of palliative measures, partnership with local and financial services providers; provision of technical assistance among others.

Citation

Kareem, A.O., Lawal, M.O., Morakinyo, D.A. and Adah, C.O. (2022), "COVID-19 Impact on Small and Medium Scale Agro-Allied Manufacturing Enterprises in Southwest Nigeria", Osabuohien, E., Odularu, G., Ufua, D. and Osabohien, R. (Ed.) COVID-19 in the African Continent, Emerald Publishing Limited, Leeds, pp. 219-232. https://doi.org/10.1108/978-1-80117-686-620221018