📋
Entrepreneur Department
📄 Pages: 65 🧠 Words: 9350 📚 Chapters: 5 🗂️️ For: PROJECT
👁️🗨️️️ Views: 651
Nigeria as a country fully endowed with human and material resources have the right playing ground for business and investment purposes.
Prior to the 80s, unemployment and poverty were not as disturbing as what it is now. However, inconsistencies in the socio-economic policies of successive governments contributed to the increase in unemployment and poverty. During this period, many workers were laid off, and early retirement of employees due to some shaky government policies.
Nigeria as a developing country is improving in economic sectors such as science, technology, sports, entertainment, and agriculture. Innovative end- products are derived from each of this sectors-foodstuff from agriculture, in the area of technology we have phones/laptops repair, sales of recharge cards, in engineering we have cases of road construction, in tourism we have the preservation of our culture and the list continues. Notwithstanding all these human and material resources Nigeria is blessed with, it is still referred to as one of the poorest countries in sub-Sahara Africa (Salami,2011 p:10). It is obvious on the way some countries have encouraged the entrepreneur sector, thus reducing the level of unemployment to the barest minimum, but that cannot be said of Nigeria. As the government has done little or nothing to bring a lasting solution to this problem; thus leading to increase in crime and other vices just to meet ends needs.
Significance of the study/ Justification of the study
This study is meant to educate the general public, the government and policy makers on the need to encourage entrepreneurship.
The public need to be well informed that gone are the days when Nigerians sit and wait for the government to create jobs; now is the time for private individuals to create jobs in other to enhance economic growth.
Also, the government has a part to play in promoting entrepreneurship. The government can embark on meaning projects; enact policies that will support entrepreneurship in Nigeria. The government equally needs to see to it that funds allocated to empower such programmes are well utilized.
In addition, the government needs to enforce entrepreneurship education in schools, in other for our students to be educated on the need to acquire skills to enhance job creation in the country.
However, policy makers need to add this study to their work in other to educate upcoming generations about entrepreneurship.
This study will be of immense benefit to other researchers who intend to know more on this topic and can also be used by non-researchers to build more on their work. This study contributes to knowledge and could serve as a guide for other work or study.
1.6 Scope/ Limitations of the study
This study is restricted to examining Entrepreneurship as a panacea to economic development; a case study of Etsako west.
Limitations of study
1.7 Definition of terms
Entrepreneurship: This is the willingness to take risks and develop, organize and manage a business venture in a competitive global marketplace that is constantly evolving. Entrepreneurs are pioneers, innovators, leaders and inventors.
Panacea: This is an answer or solution for all problems or difficulties.
Economic development: This is the process and policies by which a nation improves the economic, political, and social well-being of its people.
It is also referred to as the quantitative and qualitative changes in an existing economy.
📄 Pages: 65 🧠 Words: 9350 📚 Chapters: 5 🗂️️ For: PROJECT
👁️🗨️️️ Views: 651
