Risk Control Strategies and Occupational Safety: Evidence from Iron and Steel Manufacturing Companies in Lagos State, Nigeria

Abstract

The study investigated the nexus between risk control practices and occupational safety among Iron and Steel Manufacturing Companies in Lagos State Nigeria. The study used survey research design. The population of the study comprised of five thousand, two hundred and thirty-four (5,234) staff in thirteen (13) Iron and Steel firms in Lagos State, Nigeria. The sample size of four hundred (400) was derived through the application Taro Yamane formula. Multistage sampling comprising of cluster, quota and convenience techniques was employed in administering research instrument to the respondents. The study employed an adapted questionnaire whose validity was tested through test-retest validity and its reliability through Cronbach Alpha test of reliability. The result of the findings of the study revealed that pre-loss control has significant influence on accident frequency while post-loss control has significant influence on accident severity. The study concluded that workplace accidents can be overhauled when management ensure that risks are properly managed and controlled. Based on the findings, the study recommended that iron and steel manufacturing firms should intensify their efforts in assessing risks frequently in order to
effectively control them.