THE CONTRIBUTIONS OF INSURANCE IN THE SPORTS SECTOR OF NIGERIA
ABSTRACT
In this research work titled ‘The contributions of insurance in the sports sector of Nigeria. The researcher investigated why Nigerian sports sector do not embraces insurance protection. Investigated the factors militating against the insurance industry not to create adequate awareness about sports insurance protection. The information for the study was collected using primary and secondary methods of data collection. For a primary data collection, while existing literature relevant to the topic was consulted for the secondary data. The research used chi-square statistical model to analyze the data. four major findings were made, based on the findings the recommendations proffered are; Nigerian sports sector should be educated on the benefit of insurance policies to enable them embrace insurance protection. Nigerian insurance industry should try as much as possible to settle claim, for the public not to see them as fraudsters.
TABLE OF CONTENTS
Title page i
Approval page ii
Dedication iii
Acknowledgement iv
Abstract vi
Table of contents vii
CHAPTER ONE
INTRODUCTION
1.1 Background of the Study 1
1.2 Statement of the Problem 3
1.3 Objective of the Study 6
1.4 Research Questions 7
1.5 Research Hypotheses 8
1.6 Significance of the Study 9
1.7 Scope and Limitations of the Study 9
1.8 Definition of the Terms 10
Reference 13
CHAPTER TWO
REVIEW OF RELATED LITERATURES
2.1 An overview 14
2.2 History Insurance In Nigerian Sports Sector 14
2.3 Historical Development of Nigerian Sport Sector 16
2.4 The Development of Insurance in Nigerian Sports Sector 27
2.5 Role of sports in the development of Nigerian
Economy 30
2.6 Sports Administration and Insurance in Nigerian 34
2.7 Analysis of Nigerian sports policies and its impact on Nigerian sports 38
2.8 The Challenges of Insurance in Nigerian Sports Sector 44
Reference 46
CHAPTER THREE
RESEARCH METHODOLOGY AND DESIGN
3.1 An Overview 49
3.2 Source of Data 49
3.2.1 Primary data 50
3.2.2 Secondary data 50
3.3 Population of the Study 51
3.4 Sample size and Sampling Techniques 52
3.5 Validity and Reliability of the Instrument 55
3.6 Method of data Presentation and Analysis 56
CHAPTER FOUR
DATA PRESENTATION ANALYSIS, DISCUSSION OF FINDING
4.1 An overview 59
4.2 Data presentation 60
4.3 Data Analysis 61
4.4 Testing of Hypothesis 71
4.5 Discussion of Findings 78
CHAPTER FOUR
5.1 Summary of Findings 80
5.2 Conclusions 81
5.3 Recommendations 82
5.4 Suggestions for Further Studies 86
Bibliography 87
Appendixes 90
Sample questionnaire 91
CHAPTER ONE
INTRODUCTION
1.1 Background of the Study
Nigerian insurance industry has been in a great trend of improvement from the pre-consolidation to the post consideration ear. They are smarting from the wealth sport industry from the recapitalization and expanding globally to compete internation communities. They are currently participating in the local content initiative of out and gas business energy insurance marine and aviation and other transportational and logistic risks. Hence, Nigerian supporting industry is an area that have not actually benefited from the activities of insurance since insurance has been defined as a social security welfare, it will help the participants to boast their confidence in participating in sports without fear.