AMJD Volume. 11, Issue 3 (2022)

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Contributor(s)

Akande O.O , and James, Mutiat Temitayo.
 

Keywords

Economic Development: Entrepreneurial Improvement: Women Entrepreneurship Development: Poverty Alleviation
 

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Women Entrepreneurship Development and Poverty Alleviation: Experience from Nigeria Small and Medium Enterprises

Abstract: The emphasis on the impact of entrepreneur development on poverty reduction is a source of concern for entrepreneurs, scholars, practitioners, and governments in developing economies such as Nigeria. The poverty situation in Nigeria is the concept of feminization of poverty in the sense that women make up a larger percentage of the poor. More so, the inability of the existing programmes on entrepreneurial development to improve the participation of women in entrepreneurial activities is a pointer to the need for further empirical investigation. The extent of women's involvement in entrepreneurship toward poverty reduction is worthy of exploration in Nigeria. This study therefore, examine the impact of women's entrepreneurship development on poverty alleviation among small and medium-sized enterprises in Lagos State. The study employed both primary and secondary data. The population of the study comprises of A total of 1,396,777 active micro, small and medium enterprises (MSMEs) entrepreneurs in Lagos state who had at one time or the other benefited from entrepreneurship support programs. Data collected were analysed using descriptive statistics and inferential statistics. The results of descriptive analysis revealed that women's entrepreneurship programs are a means of women's entrepreneurship development and income earned also form a mean to women's entrepreneurship development. The results (R2= 0.652; Adj R2 = 0.647, P= 0.001) of multiple regression revealed that there is a positive and significant effect of the women's entrepreneurship programme on poverty alleviation. The study concluded that women's participation in entrepreneurship development positively influences poverty alleviation in Nigeria. It was recommended that the government should spend more on programmes that can strengthen women's entrepreneurship development and poverty alleviation in Lagos state, Nigeria.
 
 
 

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