Governance, Entrepreneurship Development and the Challenge of Enabling Environment: A Colloquy

Abstract

Over the years, governance has been concerned with how to reduce poverty, unemployment and joblessness. The quest to achieve these goals have necessitated the formulation and implementation of several poverty alleviation policies and programmes among which is the introduction of entrepreneurship development programme in both vocational institutions as well as institutions of higher learning in Nigeria. Unfortunately, however, experience and available literatures still reveal that the rate of insecurity of lives and property, poverty, unemployment and joblessness is still on the increase due to several factors especially, the challenge of enabling environment. The objective of this paper therefore is to examine some of the challenges of enabling environment that have often hampered the realisation of entrepreneurship development goals which include, insecurity, politicization of financial succour, poor infrastructural facilities amongst others. The paper adopted documentary/content analysis as its methodology. Based on the aforementioned findings, the paper recommends that government should first of all guarantee safety of lives and property by beefing up the security architecture of the country for businesses to thrive. Also, the financial succour provided by government should be depoliticized and the basic infrastructures - good road network, uninterrupted power supply as well as functional and affordable medical facilities should be provided and sustained.