THE IMPACT OF SOCIAL MEDIA ENTREPRENEURSHIP TOOLS ON NATIONAL DEVELOPMENT, USING OYO STATE AS A CASE STUDY
Abstract
This study delves to investigate the impact of social media entrepreneurship tools on
national development, using Oyo State as a case study. This study employ the use of
descriptive survey research design because it involves large and small populations
where samples are selected and studied in order to discover relative incidence,
distribution and interrelations of sociological and psychological variables. The
population of the study consist of one hundred and fifty (150) students selected from
five schools in Atiba local government area of Oyo State. The instrument used for
data collection was through the use of self constructed questionnaire done by the
researcher. From the conclusion of the study it was deduced that social media
entrepreneurship tools have a notable and positive impact on national development
in Nigeria, particularly in Oyo State. These tools have transformed the traditional
business environment by making entrepreneurship more accessible, cost-effective,
and scalable. They have empowered a new generation of digital entrepreneurs,
reducing youth unemployment and contributing to local economic development.
Based on the findings of this study, it is recommended that; the government should
create digital-friendly policies, offer tax incentives, and provide grants or lowinterest loans to support online entrepreneurs, especially startups operating via
social media platforms, Capacity-building programs focused on digital marketing,
content creation, and e-commerce should be organized for youths and aspiring
entrepreneurs in Oyo State and beyond, and Stakeholders in the ICT sector should
collaborate with the government to expand and stabilize internet access,
particularly in rural and underserved areas of Oy
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