International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Effects of Unsupplied Electricity and Owner Involvement Styles on the Returns of Milling Machines Operations in Ile-Ife, Nigeria
Agbaje, Y. T.

The study investigated the effect of unsupplied electricity and owner involvement styles on the revenue generated by milling machine operators in Ile-Ife, Nigeria. Primary data were sourced from 137 operators through a carefully developed questionnaire. Results indicated that unsupplied electricity significantly affect revenue of milling machine operators (t = 11.63; p = 0.001) with revenue realisable by operators with backups being almost three times the revenue realised by their counterparts without backups. However, the benefit-cost ratio was more favourable for the respondents without backups. It was also concluded that owner management milling businesses were able to record significantly higher returns than manager operated businesses (t = 3.97; p = 0.07), and lastly large sized milling machine businesses significantly recorded higher returns in milling machine operations at (t = 5.09; p = 0.09) compared to smaller sized businesses. Although fuel powered milling machines generated more revenue for owners, its attendant disadvantages in the area of physical energy required to turn the engine on when needed, extra attention and cost of fuelling are not suitable for operators’ convenience. Likewise, fuel powered operators had lower benefit-cost ratio relative to electricity powered operators.

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