Water is an essential resource for life and good health. It is the most precious natural resource that exists on our planet. As with most developing countries, access to safe water is a major challenge in Nigeria. Ground water and tap...
moreWater is an essential resource for life and good health. It is the most precious natural resource that exists on our planet. As with most developing countries, access to safe water is a major challenge in Nigeria. Ground water and tap water are the major sources of drinking water. These sources are said to be unsafe which led to the emergence of the packaged and bottled water businesses. These businesses suffer from various socioeconomic challenges such as epileptic power supply, distribution problems, pollution and integrity concerns etc. The aim of this research paper is to examine and discuss socioeconomic impacts of these businesses with a view of identifying the socioeconomic impacts and to extend the existing literature on socioeconomic impacts of these businesses. The main sources of data were journals, conference, text books, newspapers, and the internet sources etc., which were used to review literatures in the water business field. The result shows that the socioeconomic impacts of packaged and bottled water businesses identified in this work were as follows: it provides employment to male, female, young and old people; provides income which increases living condition thereby reducing crime; offers business opportunities and ventures that provide alternative low-cost and hygienic water; provides companies with profits by providing more access to water; engages the small scale (packaged and bottled) water manufacturers thereby increasing government revenue such as Tax etc. and offers water at affordable price due to more access. These impact Nigerians socially, economically and also the business environment from which they operate.
Keywords: Bottled water, Businesses, Nigeria, Packaged Water and Socioeconomic Impacts etc.