This study was conducted to determine some base line data essential for improvement of poor entrepreneurial development in Enugu south Local Government Area.
To solve the research problem, both primary and secondary data were collected. The researched instrument used in collecting the data was questionnaires the respondent were selected entrepreneurs in Enugu south local government Area.
In organizing and presenting data colleted, tables and percentages were used. Two hypotheses were tested using the chi-square method.
Population for this study was drawn from six (6) communities in Enugu South but for the purpose of this work, the researcher utilized only the registered entrepreneurial business with the revenue unit of Enugu south Local government Area.
The Population covered is so while the sample size is 67 which 40 of the 67 questionnaires were returned while 27 were not seen.
Data analysis and interpretation were also treated.
The entrepreneur plays a vita role in the process of economic growth and development.
Iwu Eze A. [1986] in a paper presented in on entrepreneurship development in Nigeria said that an entrepreneur is a contractor, an organizer of an enterprise for the public, a resourceful person with a dream. Entrepreneurs are bold men and woman who have initiative and the ability to lead, manage and take the consequences. They are men of action, risk takers, missioners, creative and highly respected of their ability to effectively and efficiently concubine the functions of management to achieve the go alls].
He also noted that during the colonial period, only few of Nigerians could boast of personal or family capital to start off any meaningful business and hence the next place of call for business and financial was bank. It is a well known flat that banking operations during the colonial era were highly and sparsely limited urban centers. The bank at that time existed to serve the internets of the colonial civil servants who had appreciated incomes to warrant banking transaction Nigerians who had no collaterals or big financials to guarantee their loans could not hope on banks to start off any business.
During the colonial era, the Nigerian businesses scene was dominated even at the grassroots levels by inclines, Greeks, Ghanaians, Sierra Lonians and others. These foreign nationals had a better exposition from the Nigerians and with this advantages, it was easy to dislodge them when the colonials left the scene in 1960. Then, in other to give Nigerians an opportunity in participating and shaping their country economic future, the federal government introduced indigenization and enterprise promotion dance of 1972 and it’s revision in 1977. The objective was to foster economic self-reliance and maximize external intervention in politics.
| 1 - 5 of 96 Reviews |