The Impact of Point of Sales on Poverty Reduction and Employment Generation among Youths in Makurdi, Nigeria

Abstract

The study examines the effect of point of sales (POS) services on poverty reduction, and employment creation in Makurdi, Benue State. The researcher developed four objectives: To find out whether the POS services has help in poverty reduction in Makurdi metropolis to examine if POS has created gainful employment and a means of livelihood for youth in Makurdi Metropolis, to access challenges that exist in the operation of POS services and to suggest ways of addressing challenges that emerge as a result of POS services in Makurdi Metropolis of Benue State. The research design is survey. The methods of data collection for this research were primary sources including structured questionnaire and interviews. 350 were administered and 309 were filled and returned. To answer research questions, frequencies mean and standard derivation was used. Mean scores of as above 2.5 were regarded as accepted while mean scores of less than 2.5 were rejected chi-squares test at 0.05 level of significance was used to test the hypothesis. The findings of the study reveal that POS services has reduced poverty and created jobs in Makurdi Metropolis of Benue State; therefore, POS services has significantly contributed to poverty reduction in Benue State. The research study recommends that Government should give loans to POS operators to boost, encourage and expand their business as this will further help to create employment and reduce poverty in Makurdi Metropolis.