A Review of Empirical Studies on the Role of Entrepreneurship on Nigeria Economic Development

12 PAGES (4420 WORDS) Economics Paper

ABSTRACT 

This paper explored some empirical studies in the topic area to uncover the role of entrepreneurship in the Nigeria economic development.  The work uncovered that entrepreneurship plays a significance role in the Nigeria economic development, but  that entrepreneurship in Nigeria is been confronted with some setbacks that are hindering it significance role in the Nigeria economic development there by recommending proper policy coordination and policy stability; reforms in the educational curriculum to prepare students for self-reliance; and fixing the power sector-Nigeria’s basic infrastructure and that Government should make provision for cheap and accessible capital Entrepreneurs Government should address the challenges of social infrastructure across the country to encouraged and promote entrepreneurship in Nigeria. Also  that in other to encourage people to engage in entrepreneurial activities by providing financial institutions that will give loans to people who are interested in venturing into business without demanding collateral.