STRATEGIES FOR PROMOTING ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA (A STUDY OF ENUGU STATE)

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Strategies for promoting entrepreneurship development in Nigeria

  (A study of Enugu state)

ABSTRACT

 

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:

1.                 Entrepreneurship promotion in Nigeria is done through financial non-financial and fiscal supports.

2.                 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. 

 

 

 

TABLE OF CONTENTS

 

Title page

Approval page

Dedication

Acknowledgement

Abstract

Table of contents

 

CHAPTER ONE

Introduction

1.1            Background of the study

1.2            Statement of the problem

1.3            Purpose of the study

1.4            Significance of the study

1.5            Research questions

1.6            Scope and limitations of the study

1.7            Definition of terms, and acronyms

Reference

 

CHAPTER TWO

Literature Review

Definition and concept of the entrepreneurship

                        Nature and dimensions of entrepreneurship development in Nigeria

                        Strategies for promoting entrepreneurship development 

                        Institutional financing arrangements for promoting entrepreneurship development in Nigeria

                        International financial assistance

                        Challenges to entrepreneurship development in Nigeria

Reference

 

CHAPTER THREE

Research Methodology

3.1              Method of sources of data

3.1.1       Primary sources

3.1.2       Secondary sources

3.2              Research population

3.3              Sampling method used

3.4              Questionnaire design

3.5              Description of respondents

3.6              Method of data analysis

 

CHAPTER FOUR

Data presentation and analysis

4.1            (Analysis of data from CBN staff)

Table 4.8:   Strategies used by CBN in promoting entrepreneurship

4.9            CBN’s entrepreneurship promotion financial strategies

4.10       Responses to CBN supporting other banks for entrepreneurship promotion

4.2            (Analysis of data from NDE officials)

Table 4.14  NDE’S strategies for entrepreneurship promotion

4.15       NDE’s financial support schemes

4.16       NDE’s Non-financial schemes for entrepreneurship promotion

4.17       Responses to existent of government support

4.18       Problems of the NDE in promoting SME’s

4.3            (Analysis of data from NAMSME’S staff)

Table 4.19  Responses to the association encouraging entrepreneurship development

4.20   Strategies adopted by NAMSME in entrepreneurship promotion

4.21   Responses to government giving fiscal incentives

4.22   Fiscal incentives given by government

4.23   Supporting institutions

(FOR CBN STAFF)

FOR NDE STAFF)

FOR NAMSME STAFF)       

 

CHAPTER FIVE

Summary, Conclusion and Recommendations

5.2            Conclusion

5.3            Recommendation

5.4            Limitations of the study

5.5            Suggestions for further studies

References / Bibliography

Appendix

Questionnaire   

CHAPTER ONE

 

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. This situation as unemployment heightened in the mid-1980’s graduates and school leaves have now realized that the government is no longer ready to offer them employment hence the

 


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