Browsing by Author "Omoniyi, Benjamin Badeji"

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    THE ECONOMIC ANALYSIS OF THE PROFITABILITY OF SMALL-SCALE PURE WATER PRODUCTION IN NIGERIA (A CASE STUDY OF JABU PACKAGED WATER FACTORY)
    (JABU, 2012-10-20) Omoniyi, Benjamin Badeji; Abu Z.
    The paper examines the profitability or viability of small-scale packaged water factory in Nigeria using JABU packaged water factory as a case study. The paper uses a combination of descriptive analysis and simple mathematical formulae to compute the profitability and the degree of operating leverage of the factory. The result reveals that the firm is able to make some profit at the end of the first year from which the entrepreneurship dividend could shared showing that the firm is able to break-even. This suggests that the packaged water business is a viable business in Nigeria if the same scenario operates in other packaged water factories in Nigeria while the break-even analysis supports the production of bottled water. This therefore suggest that the packaged water production should be encouraged in Nigeria under a guided atmosphere such that non-registered packaged water factories are not allowed to produce untreated water for human consumption, that the water source be subjected to periodic test by analysts and that packaged water should be produced under hygienic condition that conforms with the standard required by the World Health Organization.
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    THE ECONOMIC ANALYSIS OF THE PROFITABILITY OF SMALL-SCALE PURE WATER PRODUCTION IN NIGERIA (A CASE STUDY OF JABU PACKAGED WATER FACTORY)
    (Afro Asian Journal of Social Sciences, 2012-12-23) Omoniyi, Benjamin Badeji; Abu, Zekeri
    The paper examines the profitability or viability of small-scale packaged water factory in Nigeria using JABU packaged water factory as a case study. The paper uses a combination of descriptive analysis and simple mathematical formulae to compute the profitability and the degree of operating leverage of the factory. The result reveals that the firm is able to make some profit at the end of the first year from which the entrepreneurship dividend could shared showing that the firm is able to break-even. This suggests that the packaged water business is a viable business in Nigeria if the same scenario operates in other packaged water factories in Nigeria while the break-even analysis supports the production of bottled water. This therefore suggest that the packaged water production should be encouraged in Nigeria under a guided atmosphere such that non-registered packaged water factories are not allowed to produce untreated water for human consumption, that the water source be subjected to periodic test by analysts and that packaged water should be produced under hygienic condition that conforms with the standard required by the World Health Organization.