Author : George umeji, eberechukwu eleanya,dr. ndubueze obisike,dr. camillus okuma
Keyword : Cottage, rural, industry, covid-19, coronavirus
Subject : Economics
Article Type : Original article (research)
Article File : Full Text PDF
Abstract : The researchers used descriptive statistical analytical method to explore the place of cottage industry in rebuilding the Nigerian economy in the post-covid-19 era and the challenges faced by the industry in Nigeria. It was argued that the role of cottage industry in nation building includes transformation of the rural economy, creation of employment opportunities for the rural community, poverty reduction, amongst others. Despite these benefits, the industry which is mostly situated in the rural areas faces some challenges, ranging from lack of access to credit facilities to poor infrastructures in the rural areas. It was, therefore, concluded that if properly developed, cottage industry can boost the economy of the rural communities in particular and transform the Nigerian economy in general, besides helping to ameliorate the effects of the health crisis. It was recommended that government should help in the provision of infrastructures in the rural communities and also help provide vocational training to the owners of these cottage industries to help them acquire the savvy to market their products.
Article by : George Umeji
Article add date : 2022-02-14
How to cite : George umeji, eberechukwu eleanya,dr. ndubueze obisike,dr. camillus okuma. (2022-February-14). The place of cottage industry in rebuilding the nigerian economy in the post covid-19 era. retrieved from https://openacessjournal.com/abstract/1019