ENTREPRENEURIAL DEVELOPMENT: A PANACEA FOR THE MENACE OF POVERTY IN NIGERIA

¹Olabode Bashir Olakunle & ²Muslim N.A.

¹Faculty of Law, University of Ibadan

²General Studies Department, The Polytechnic, Ibadan

E-mail: olabodebasheer@yahoo.co.uk

ABSTRACT

Poverty remains a major canker-worm that has eaten deep into the fabric of Nigerian society.  This hydra-headed monster defies all solutions proffered by various experts and professionals. Besides, government at various levels introduced measures to reduce poverty, such includes: Green revolution (GR), Operation Feed the Nation (OFR), Poverty Eradication Programme (PEP), Poverty Alleviation Programme (PAP), National Poverty Eradication Programme (NAPEP), Better Life for Rural Women (BLRW) among others.  All these failed, instead they wide the gap between the poor and the rich, because the targeted population-the poor failed to benefit from the measures.  This present paper contended that poverty can only be reduced in Nigeria through entrepreneurial development and education whereby the skill to reduce poverty will be ingrained in the poor themselves.  The methods adopted by the paper are reviewing of articles, periodicals, newspaper, observation and group discussion on the subject matter.