Value Management and Recessed Economy in Selected Food and Beverages Firms in Nigeria 2016 2022
Journal: International Journal of Trend in Scientific Research and Development (Vol.8, No. 2)Publication Date: 2024-07-31
Authors : Musah Ishaq Ofuokw F. O Osifoh Ozoya Austine;
Page : 795-803
Keywords : ;
Abstract
This study examines the relationship that exists between value management and economic recession in Nigeria. The study was guided by one research questions and expo facto research design using time series data from the period of 2016 β 2022. The data used was a secondary data and the data collected was analyzed using ordinary least square regression with the aid of Statistical Package for Social Science. The findings revealed that there is a negative relationship between poor budgeting and GDP. The research also concludes that there is a significant positive relationship between poor budget and unemployment rate in Nigeria. The researcher recommend among others that Nigeria must change the structure of the economy and move away from oil to agriculture, value added entrepreneurship, chemicals, pharmaceutical industry develop the iron and steel industry, revamp the machine tools industry for local fabrication of industrial tools. Musah Ishaq | Dr. Ofuokw F. O | Osifoh Ozoya Austine "Value Management and Recessed Economy in Selected Food and Beverages Firms in Nigeria (2016-2022)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-2 , April 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64789.pdf Paper Url: https://www.ijtsrd.com/management/hrm-and-retail-business/64789/value-management-and-recessed-economy-in-selected-food-and-beverages-firms-in-nigeria-20162022/musah-ishaq
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