Impacts of Home Based Enterprises on the quality of Life of Operators in Ibadan North Local Government, Nigeria

Type Journal Article - International Journal of Humanities and Social Science Invention
Title Impacts of Home Based Enterprises on the quality of Life of Operators in Ibadan North Local Government, Nigeria
Author(s)
Volume 2
Issue 7
Publication (Day/Month/Year) 2013
Page numbers 1-7
URL http://ijhssi.org/papers/v2(7)/Version-1/A02710107.pdf
Abstract
This paper investigates the impacts of home based enterprises on the quality of life of residents
in Ibadan North Local Government Area. The paper employed structured questionnaire to elicit information on
the subject of discussion. Using stratified random sampling, a total number of two hundred and twenty five
households were sampled in the study area. Likerts Scale rating was used to rate the perception of operators on
the impacts of home based enterprises on their quality of life and residents. The study reveals OSI variables that
have high positive deviation about their mean include “income from the enterprise is satisfactory” (3.86),
“profit is enough to purchase necessary foodstuffs for the house” (3.70), “the profit is enough to pay house
rent” (3.64), “it has reduced poverty level” (3.51), “it gives job security” (3.34). It could be observed that the
satisfaction indices for these variables are greater than the average OSI; This implies that the operators are
very satisfied with the enterprise in regards to these variables. The study recommends that the government
should create a suitable economic environment to ensure the growth and development of home based
enterprises as part of the informal sector, and it should also ensure the regularization of the activities of home
based enterprises to minimize their negative effects and effectively maximize its benefits for the operators,
residents and the environment as a whole.

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