CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY
An analysis of the impact of napep on entrepreneurship development in Nigeria
An analysis of the impact of napep on entrepreneurship development in Nigeria on poverty and unemployment are the most serious problems facing the government. Poverty has economic, social, and political repercussions, and the unemployment rate continues to climb dramatically. Poverty has been defined in a variety of ways, including the following:
Access to essential requirements and items is limited.
Access to productive resources is limited or non-existent.
Lack of employment opportunities, etc.
Since the adoption of SAP in the 1980s, the level of poverty has risen dramatically [UNDP Nigeria, 1998; FOS, 1999; World Bank, 1999].
Poverty surged from 28.1 percent in 1980 to 43.6 percent in 1985, then fell to 42.7 percent in 1992 before rising to 65.6 percent in 1996, according to the poverty profile.
The country has been designated as a poor country since 1990. There has been a semblance of liberal tradition continuation in Nigeria in recent years; opinions toward the welfare system that aids the poor are based in our various cultural environments. In Nigerian culture, the normative tradition approach to liberalism serves to promote social cohesiveness, solidarity, and citizenship. It is self-evident that we have a responsibility to share our variety among Nigerians.
This obligation is based on the value of human life. In this context, we reason that others have human souls just like us, thus we choose to be unconcerned about their wants (FEAP, 2001). Nigerians, it appears, are always choosing to care for others. This obligation stems from a compassionate concern for others’ ability to make a living. It has, however, been mitigated.
They often account for a considerable share of the national production system as well as a majority of the entire stock of businesses. They also contribute significantly to the improvement of living standards by ensuring the viability of local markets. The promotion of large and small sustainable entrepreneur activity, as well as the national private sectors that contain them, is “a broad and wide-ranging subject, because entrepreneur takes many forms, not just in terms of size, sector, and spatial dimension, but also in terms of how an entrepreneur is managed and governed, as well as its legal status and operational objectives.” (Google).
A thorough examination of Nigeria’s whole poverty reduction program reveals that there is room for improvement.
STATEMENT OF PROBLEM
Every administration in Nigeria has been known to implement one sort of poverty reduction plan or another in order to promote entrepreneur activity. However, the extent to which these programs have influenced business or entrepreneurs has remained unresolved. Poverty is now recognized as a global issue, particularly in regions like Africa, Asia, and Latin America. In Sub-Saharan America, 45-50 percent of the population lives in poverty. In 1985 pricing, about 43% of Nigeria’s population lived below the poverty level of N305 per year. To this end, the United Nations designated 1996 as the International Year of Poverty Eradication and 1997-2006 as the Poverty Eradication Decade. So many times since taking office in 1999,
OBJECTIVES OF THE STUDY
The study’s ultimate goal is to evaluate the various policies and tactics for entrepreneurship development. The following are the general goals:
1. Evaluate NAPEP’s efficacy as a poverty-reduction strategy.
2. To assess the impact of NAPEP on the country’s entrepreneurship development.
3. To identify and analyze the program’s problems.
4. Make some policy recommendations based on the study’s findings.
RESEARCH HYPOTHESIS
This attempt will test two hypotheses: an alternate hypothesis and a null hypothesis. Alternative hypothesis (Hi) is a positive statement, whereas null hypothesis (Ho) is a negative statement.
The following hypotheses will be tested in the study:
Ho: NAPEP has no significant impact on the growth of entrepreneurship.
Hello, NAPEP has a significant impact on the entrepreneurship development process.
SIGNIFICANCE OF THE STUDY
It is common knowledge that the current administration has placed a strong emphasis on poverty alleviation programs, particularly in the areas of entrepreneurship, job creation, and economic empowerment. As a result, everyone must work together to achieve all of the crucial yet elusive objectives.
It is intended that the importance of this study would serve as a ready-to-use tool for the government to use in encouraging entrepreneur activities and reducing juvenile involvement in anti-social vices such as fraud, prostitution, and armed robbery.
This research also allows other government officials to acknowledge the fact that entrepreneurial development boosts economic growth.
The research would also reveal information about the role of women in the workplace.
SCOPE AND LIMITATION OF THE STUDY
Due to the lack of continuity of some policies that have been implemented previously in combating the problem of unemployment and job creation, as well as in the promotion of some enterprises such as small and medium-sized businesses and other social entrepreneurs, the study of poverty alleviation programs in the performance of entrepreneurship development is a broad project to embark on. As a result, the study’s scope has been narrowed to “an evaluation of NAPEP’s influence on entrepreneurship development.” Abia state is the focus of this case study.
The study spans the years 2001 through 2009. The insufficiency of data is perhaps the most crippling issue of this study. The data that was available was insufficient, and part of it was incorrect.
ORGANIZATION OF THE STUDY
These chapters make up the complete research endeavor. A brief introduction to the study’s history, statement of the problem, research questions, aims of the investigation, significance of the study, scopes and limitations of the study, hypothesis, study outline, and definition of words make up chapter one.
The literature review in Chapter 2 will include a conceptual, theoretical, and empirical framework, as well as case study reviews, entrepreneurship challenges in Nigeria, economic perspectives on entrepreneurship, Nigerian poverty alleviation in enhancing entrepreneurship, a brief history of NAPEP, constraints on NAPEP in enhancing entrepreneurship, and a chapter summary.
Research methodology is covered in Chapter 3 and includes topics such as research design, sample size and procedure, data collecting and methodologies, data analysis techniques, data presentation, and justification.
DEFINITION OF TERMS
Poverty is defined as a lack of a specific amount of material possessions or money. Deprivation of essential human needs such as food, water, sanitation, clothing, shelter, health care, and education could also be a factor.
An entrepreneur is a person who comes up with a novel concept and takes the risk of starting a business to produce a product or service that meets the demands of customers.
NAPEP stands for National Poverty Eradication Program, and it is in charge of reducing poverty in the country.
SAP stands for State Poverty Alleviation Program, and it is in charge of alleviating poverty in the state.
YES: A youth empowerment program that focuses on building capacity, increasing productivity, advancing technology, and promoting small businesses.
The UNDP stands for the United Nations Development Program. This is the United Nations’ development organization.
HDI stands for “Human Development Index.”
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