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Author Information

Author: Dr. Mike Duru
Position: Lecturer, Department of Economics
Institution: Ahmadu Bello University, Zaria
Journal: Business and Management Review
Volume: 1(1)
Pages: 41–48
Year: March 2011

Paper Details

Title: Entrepreneurship Opportunities and Challenges in Nigeria
Author: Dr. Mike Duru
Journal: Business and Management Review
Volume: 1(1)
Year: March 2011
Subject Area: Entrepreneurship, Economic Development, Innovation, Business Development

Overview

This article examines entrepreneurship opportunities and challenges in Nigeria and highlights the importance of entrepreneurship for economic growth, job creation, and poverty reduction. The paper explains that entrepreneurship involves creating value through innovation, risk-taking, and the development of new businesses and services.

The study also emphasizes that Nigeria possesses abundant human and natural resources, but structural challenges such as poor infrastructure, corruption, unemployment, and weak policy implementation have limited entrepreneurial growth. The paper concludes that entrepreneurship is essential for Nigeria’s economic transformation and sustainable development.

Main Areas Discussed

Concept and definition of entrepreneurship
Entrepreneurship theories
Entrepreneurship opportunities in Nigeria
Challenges facing entrepreneurs in Nigeria
Role of entrepreneurship in economic growth
Government policy and entrepreneurship development

Key Themes

Entrepreneurship and economic development
Innovation and job creation
Entrepreneurial mindset and self-employment
Infrastructure and business environment challenges
Government policy and private sector growth
Entrepreneurship and poverty reduction

Suggested Citation

Duru, Mike
Entrepreneurship Opportunities and Challenges in Nigeria
Business and Management Review, Vol. 1(1), March 2011