Economic Sustainability and Sit-At-Home Order in the South-East Region of Nigeria

This study examines the economic sustainability of the South-East region of Nigeria in the face of the persistent sit-at-home orders imposed by the Indigenous People of Biafra (IPOB). The research employs the Endogenous Growth Theory (EGT) and Resource Dependence Theory (RDT) as theoretical frameworks to assess the implications of these restrictions on income stability and job security. A quantitative survey design was adopted, with data collected from 264 traders and business owners across five key markets in Aba, Abia State. The study identifies income stability and job security as the primary dependent variables affected by the sit-at-home order, while economic sustainability serves as the independent variable. Findings reveal that market closures, transportation disruptions, and reduced business transactions have significantly hindered economic activities. Regression analysis indicates a statistically significant negative relationship between income stability (-0.138, p = 0.043) and job security (-0.313, p = 0.018) with the sit-at- home order, highlighting the financial and employment vulnerabilities faced by individuals and businesses in the region. The study recommends proactive economic policies, including business support initiatives, investment in infrastructure, and alternative job creation strategies to mitigate the adverse impacts of these restrictions. Additionally, enhancing security and fostering dialogue between the government and IPOB could provide long-term solutions. Addressing economic fragility through diversification and resilience-building measures is crucial to sustaining the economic viability of the South-East region. Keywords: Economic sustainability, Sit-at-home order, Income stability, Job security, South-East Nigeria.

Authors

Publication Details

Journal
DiamondBridge Economics and Business Journal
Published
2025-03-26
DOI
https://doi.org/10.60089/dbebj.2025.5.1.07
Primary Topic
Urban and Rural Development Challenges
Type
article
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Economic Sustainability and Sit-At-Home Order in the South-East Region of Nigeria

Okechukwu Awa Okechukwu Awa Ifekwe
DiamondBridge Economics and Business Journal
Urban and Rural Development Challenges
article

Economic Sustainability and Sit-At-Home Order in the South-East Region of Nigeria

Okechukwu Awa Okechukwu Awa Ifekwe
article en

Abstract

This study examines the economic sustainability of the South-East region of Nigeria in the face of the persistent sit-at-home orders imposed by the Indigenous People of Biafra (IPOB). The research employs the Endogenous Growth Theory (EGT) and Resource Dependence Theory (RDT) as theoretical frameworks to assess the implications of these restrictions on income stability and job security. A quantitative survey design was adopted, with data collected from 264 traders and business owners across five key markets in Aba, Abia State. The study identifies income stability and job security as the primary dependent variables affected by the sit-at-home order, while economic sustainability serves as the independent variable. Findings reveal that market closures, transportation disruptions, and reduced business transactions have significantly hindered economic activities. Regression analysis indicates a statistically significant negative relationship between income stability (-0.138, p = 0.043) and job security (-0.313, p = 0.018) with the sit-at- home order, highlighting the financial and employment vulnerabilities faced by individuals and businesses in the region. The study recommends proactive economic policies, including business support initiatives, investment in infrastructure, and alternative job creation strategies to mitigate the adverse impacts of these restrictions. Additionally, enhancing security and fostering dialogue between the government and IPOB could provide long-term solutions. Addressing economic fragility through diversification and resilience-building measures is crucial to sustaining the economic viability of the South-East region. Keywords: Economic sustainability, Sit-at-home order, Income stability, Job security, South-East Nigeria.

DiamondBridge Economics and Business JournalVol. 5(1)
Openalex Percentile: Top 92%
Urban and Rural Development Challenges
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