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The Influence of Automation on Job Security in Nigeria Quoted Manufacturing Firms

This study examines the complex dynamics of automation's effects on employment within 
Nigeria's burgeoning manufacturing sector, with a close attention to Lagos cluster, the hub 
of the nation's economic activity. A thorough survey study design was used to collect data 
from 320 respondents who worked for three manufacturing organizations. The Structural 
Equation Model (SEM) was used to analyze the intricate relationship between automation 
technologies—Artificial Intelligence (AI), Internet of Things (IoT), and Data Analytics 
(DA)—and employment levels. AI has the most influence, closely followed by IoT and DA. 
The regression weights showing the size of effect of relationship between Employment and 
Internet of Things was (0.287), Employment and Artificial Intelligence was (0.563), as well 
as Employment and Data Analytics to be (0.309). Additionally, a convincing analysis using 
Squared Multiple Correlations reveals a correlation of 0.840. This coefficient indicates that 
the combined effects of the automation factors, including IoT, AI, and DA, account for 84% 
of the variation in employment levels. The research's conclusions confirm that each of the 
three automation technologies has a statistically significant and overwhelmingly favourable 
impact on employment by emphasizing the urgent need for proactive governmental 
measures that would create an environment that will allow Small and Medium-sized 
Enterprises (SMEs) to easily adopt automation technologies. The study therefore 
recommends the adoption of automation technologies in Nigeria's manufacturing sector to 
help stakeholders, business leaders, and policymakers to navigate the complex world of 
automation in Nigeria's industrial sector and provides an effective road map for 
successfully utilizing automation's promise while resolutely preserving the well-being and 
livelihoods of the workers.

Authors: Abayomi O. Ogunsanwo & Azeez A. Oyelekan