Effect of Insecurity On Small and Medium Enterprises (SMEs) And Socio-Economic Development of Yobe State, Nigeria

Abstract

Insecurity over years have impacted negatively on performance of Small and Medium Scale (SMEs)
businesses in Nigeria particularly in the North-East part of the country. Hence, current research is
design to examine the degree to which the insecurity adversely impacted on the Small and medium Scale
businesses performance indicators like profitability, turnover, access to finance and access to market
on the performance of SMEs. Survey research instrument was applied to gather primary data for the
study under consideration. Partial Least Squares application software was used for the analysis of data
which includes path modeling analyses as well as validity reliability of data in the measurement model
analysis. Similarly, structural modeling was testing the hypotheses of the study. The measurement
model analysis result indicates that the validity of the instruments employed were valid and reliable.
Similarly, the structural model results showed that profitability, turnover, access to finance and access
to market are related positively to performance of SMEs in the region.