African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4194

Full Length Research Paper

Business development and sustainability of selected petrol stations in Anambra state of Nigeria

Onyeizugbe C. Uzochukwu
  • Onyeizugbe C. Uzochukwu
  • Department of Business Administration, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria.
  • Google Scholar
Orogbu O. Lilian
  • Orogbu O. Lilian
  • Department of Business Administration, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria.
  • Google Scholar
Onyilofor T. Uchenna
  • Onyilofor T. Uchenna
  • Department of Business Administration, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria.
  • Google Scholar
Ugbomhe O. Ugbomhe
  • Ugbomhe O. Ugbomhe
  • Department of Business Administration and Management, Auchi Polytechnic, Auchi, Edo State, Nigeria.
  • Google Scholar


  •  Received: 23 October 2017
  •  Accepted: 23 November 2017
  •  Published: 14 January 2018

Abstract

The essence of most investments is quality return. Continuous quality returns are guaranteed by patronages enjoyed by the investment, this therefore sustains the business. Hardly has this been achieved by most patrol stations that litter the roads of Anambra state of Nigeria due to the location of such businesses. Pursuant to the aforementioned problem, the study seeks to ascertain the extent to which business development relates to sustainability of petrol stations in Anambra state of Nigeria. The paper is anchored on the ‘Central Place Theory’. The population of this study consists of the customers who patronize these petrol stations in Anambra state. The study specifically identified the extent of relationship that exists between location and service sustainability of selected petrol stations. The research question and hypothesis were formulated in line with the specific objective. Infinite population was used because customers that visit the petrol stations cannot be determined, and sample size was determined using Z score for infinite population. Pearson Product Moment Correlation was used to test the hypothesis. The study revealed that there is a significant positive relationship between location and service sustainability of these petrol stations. Based on the finding, the study recommended that relevant regulatory bodies should enforce the compliance of the rules and regulations of Department of Petroleum Resources on location of petrol stations in the state to ensure improvement in the sustainability of these petrol stations. 
 
Key words: Business development, sustainability, central placed theory, Nigeria.