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Expert Tasks FG On Economic Policy Review

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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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