Socio-Economic Impact of Nigerian Brewery Industry in Kaduna South Local Government Area of Kaduna State, Nigeria

Abstract

This study examined the socio-economic impact of Nigerian Brewery Company on the Kaduna South Local Government Area. To achieve this, a survey was carried out between January and July, 2014. In 7 sample districts purposively and randomly selected for this study, 140 households were randomly selected to elicit their perceptions of socio-economic impact of Nigerian Brewery Company on Kaduna South Local Government Area, using self-rated questionnaire. Data collected were analysed using descriptive statistics and Principal Component analysis (PCA). The results of these analyses depicted the positive and negative impacts of the Nigerian Brewery Company on Kaduna South LGA. Using Principal Component Analysis (PCA), 9 social impact variables of the company were reduced to two major components (provision of social facilities and insecurity) impacting on the area. These two major components together explained 94.97% of the cumulative variance of our PCA. On the other hand, 9 economic impact variables were also reduced to three major components ( increase in standard of living, high cost of living and increase in commercial activities, and increase in income generation) impacting on the area. These three major components of economic impact on the area, together explained 95.53% of the cumulative variance of our PCA. Based on our findings, recommendations were made on how to improve the socio-economic conditions of the people of the area by the shareholders of the Nigerian Brewery.

DOI: 10.5901/mjss.2015.v6n6s4p59