LEVERAGING ENTREPRENEURSHIP DEVELOPMENT FOR NIGERIA ECONOMIC DIVERSIFICATION: THE ROLE OF SELECTED GOVERNMENT AGENCIES
Journal Title: Advance Research Journal of Multidisciplinary Discoveries - Year 2017, Vol 16, Issue 8
Abstract
This paper focused on The Role of Nigerian Government in Encouraging Entrepreneurship Development for Nigeria Economic Diversification. The study took a descriptive survey and its population was drawn from 50 identified YouWin project winners and 24 senior staff of National Directorate of Employment and Small and Medium Enterprise Development Agency of Nigeria, Owerri area offices making a total of 74. Taro Yamene was used to select a sample of 63 respondents from the population and the data gathered through the questionnaire was analyzed and hypotheses tested using the non-parametric one sample Wilcoxon sign test (W) with the aid of statistical package for social sciences (SPSS 20.0 Version). The study concludes that while government is investing in diverse sectors, it is important that requisite economic skill be developed and entrenched among the citizenry through entrepreneurship development. The paper therefore recommended that Government provision of skill acquisition should be made more professional and specialized to reflect critical industry needs. This will ensure the inclusion of Nigerians in critical industries that drives the economy, there should be a deliberate and conscientious effort at promoting local SMEs through government patronage and that Government should as a matter of urgency bridge infrastructural gap especially power supply to ensure that entrepreneurs in Nigeria manufacture their products at a competitive rate.
Authors and Affiliations
JOEL, AUGUSTUS-DADDIE
Keywords
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