Strategies For Promoting Entrepreneurship Development In Nigeria
The aim of this study is to examine the strategies for promoting entrepreneurship in Nigeria. Data were collected from both primary and secondary sources. The main instrument used is the questionnaire.
The data are presented in table as frequency distribution and in the analysis, the technique of percentage and frequency are used. The major findings are:
- Entrepreneurship promotion in Nigeria is done through financial non-financial and fiscal supports.
- The government, C.B.N banks and international institutions and agencies promote entrepreneurship in Nigeria.
The conclusion drawn is that in spite of the laudable efforts of these is still needed the main recommendation by all the parties involved in entrepreneurship promotion in Nigeria.
1.1 Background Of The Study
In many African countries government has played a significant role in determining the course of national development since 1960 the Nigerian National Development plans have laid great emphasis on public sector control of the economy Ezeife, (1998:26) This trend has generally, distinguished the government as a major investor in business which other wise should have been left to private investors. The general was that the fastest route to development is government playing a leadership role in entrepreneurship development.
In Nigeria, until recently government has participated extensively in business activities making every one look unto it as the provider of employment and welfare Ujam, (2001:19) Many Nigerians did not think of self – determination as an alternative to government employment. However, the economic downturn of the economy changed.
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