Entrepreneurship Development on Poverty Reduction in Nigeria

Authors

  • Lawal Suleiman Gbenga Department of Banking and Finance, University of Calabar, Nigeria
  • Rufus Emmanuel-Ubong Ita Department of Accounting, University of Calabar, Nigeria
  • Bassey Gift Eja Department of Accounting, University of Calabar, Nigeria
  • Eno Omini Ojah Department of Accounting, University of Calabar, Nigeria
  • Cecilia James Okon Department of Environmental Education, University of Calabar, Nigeria

Keywords:

entrepreneurship development, poverty reduction, economic growth, effectiveness, efficiency

Abstract

The study investigated entrepreneurship development on poverty alleviation in Nigeria. Desk survey method was used to gather relevant information while chi-square tool was adopted to statistically analyze the relationship between entrepreneurship development and poverty alleviation. The findings revealed that entrepreneurial activities had a significant relationship with poverty alleviation; there was a significant relationship between entrepreneurship and economic growth and poverty alleviation; there was a significant relationship between entrepreneurship effectiveness and efficiency with poverty alleviation. Based on these findings, the study recommended that government should implement strategies that will help to support micro-credit and employment opportunities. The study recommended that entrepreneurs need to be innovative and creative and its activities should be a key component to increasing living standards.

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Published

2023-09-25

How to Cite

Lawal Suleiman Gbenga, Rufus Emmanuel-Ubong Ita, Bassey Gift Eja, Eno Omini Ojah, & Cecilia James Okon. (2023). Entrepreneurship Development on Poverty Reduction in Nigeria. aw and conomy, 2(9), 10–14. etrieved from https://www.paradigmpress.org/le/article/view/797

Issue

Vol. 2 No. 9 (2023): September

Section

Articles