Business
Expert Tasks FG On Economic Policy Review
As part of the strategy to
revamp Nigeria’s dwindling economy, the Chief Executive Officer, Anabel Group, Dr. Nicholas Okoye, has called on the federal government to review its policy on entrepreneurship development for the national economy.
Besides, Okoye has identified effective communication and education as potent resources that can position an entrepreneur for optimal performance.
In his globally acclaimed research titled “Who wants to be an Entrepreneur: An Insight into the Profile of Individuals Interested in Entrepreneurship in Nigeria,” published in the European Journal of Business and Management, Okoye described entrepreneurs’ roles as very critical to the growth and development of any economy worldwide.
Okoye whose research topic was co-authored by a Consultant to the Federal Government on Public Policy, Dr.Obi Adigwe explained that the research conducted for the respondents who were within the age bracket of 26 and 40 was quite revealing.
“Although some evidence suggest that current educational curricular does not sufficiently address knowledge and training needs of entrepreneurs, there is an indication that higher educational qualification contribute to a more robust engagement with entrepreneurship”, he said. He noted further that there was little evidence that suggests that the potential and interests of public and civil servants who have passion for entrepreneurship are considered in the development of policy issues in Nigeria.
Okoye advocated for a part-time model for this category of people in the national policy.
“Internationally, there is some evidence of the part-time model in entrepreneurship, particularly in academics.
“In Nigeria there is lack of nationally recognised strategy for using part-time arrangement as an entire full time entrepreneurship career”, he said.
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