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Entrepreneurship Development Interventions as a Pragmatic Approach to Political and Economic Restructuring in Nigeria

Entrepreneurship Development Interventions as a Pragmatic Approach to Political and Economic Restructuring in Nigeria
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Author(s): Lukman Raimi (American University of Nigeria, Nigeria) and Hassan Yusuf (American University of Nigeria, Nigeria)
Copyright: 2020
Pages: 18
Source title: Handbook of Research on Entrepreneurship Development and Opportunities in Circular Economy
Source Author(s)/Editor(s): Neeta Baporikar (Namibia University of Science and Technology, Namibia & University of Pune, India)
DOI: 10.4018/978-1-7998-5116-5.ch023

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Abstract

This study discusses the imperative of entrepreneurship development interventions as pragmatic responses to political and economic restructuring in Nigeria. The qualitative research method, which entails a systematic collection of information extracted from government documents and scholarly articles, was adopted. The extracted information was critically reviewed and synthesized using content analysis. The chapter found that political and economic structures in Nigeria are largely ineffective and require urgent restructuring. For political restructuring, there is a need for constitutional amendments, while for economic restructuring, the establishment of industrial clusters to reinvigorate entrepreneurship development interventions is imperative. The study concludes with policy implications and suggestions for further research.

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