EFFECT OF ENTREPRENEURSHIP ON ECONOMIC DEVELOPMENT IN BAUCHI METROPOLIS
Abstract
ABSTRACT
This examine the effect of entrepreneurship on economic development in Bauchi Metropolis discusses the evolution and current development of principles and practice of entrepreneurship in Nigeria. It also examines the effect of entrepreneurship in fostering economic growth and development. The methodology adopted was the narrative textual case study Bauchi Metropolis method, which is preferred because of the absence of sequential data related to entrepreneurship and sustainable economic growth in Nigeria. The data analysis tools were simple tabulations and presentations of the report using spreadsheets. The data is presented using tables, charts and graphs. Data was first coded and organized into concepts from which generalization was made of entire population . We recommend that there should be proper policy coordination and policy stability; reforms in the educational curriculum to prepare students for self-reliance; and fixing the power sector-Nigeria’s basic infrastructure. When we have flourishing micro, small and medium enterprises (MSMEs), gainful employment will be created, wealth created will be distributed evenly and economy is developed.
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