Entrepreneurship And Sustainable Development In Enugu State Local Governments (2007-2014)

ABSTRACT

This study examined entrepreneurship and sustainable development in Enugu

State local governments. It also ascertained the impact of entrepreneurship on

the sustainable development of Enugu state local governments as regards to

diversification of the economy, utilization of local resources, dispersal of

economic activities, wealth generation, improvement in rural infrastructure and

living standards of the people, mobilization of savings etc. The research design

was a combination of primary and secondary data. One hundred and thirty five

questionnaires were administered to entrepreneurs from the three

constitutionally recognized senatorial zones of Enugu East, Enugu West, and

Enugu North respectively and one local government was selected from each of

the senatorial zones, being Nsukka, Udi, and Agwu local governments areas

respectively to generate primary data that treated appropriate research questions

and four hypotheses were tested accordingly. The method of data analysis

adopted in this study was frequency distribution tables, simple percentages,

tables and content analysis. And chi-square was used in testing the hypotheses.

The study found out that entrepreneurial activities enhanced sustainable

development in Enugu state local governments. In addition, effective provision

of credit facilities enhanced entrepreneurship on sustainable development in the

state. And inadequate financial resources were a contributory factor that

militated against entrepreneurship on sustainable development in Enugu state

local governments. Consequently it is rational that governments at all levels

should ensure the equitable allocation and distribution of the national wealth

and income to the citizens and the willing entrepreneurs of the state concerned

instead of the unfair concentration of such scarce resources into fewer hands

which would only be detrimental to the socio-economic stability and growth of

the state. Lastly, assistance to entrepreneurs in product quality businesses by

institution like the standard organization of Nigeria (SON) and the Raw

Material Development Council of Nigeria is needed.