An Institutional Approach to Female Entrepreneurship in Nigeria
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Abstract
With the increase in population and unemployment rates globally, especially in developing countries like Nigeria, the government of most nationals is unable to provide adequate jobs for their teeming population. This study is to ascertain the Institutional Approach to Female entrepreneurship in Nigeria. There are about 37,067,416 micro businesses and 36,994,578 Small and 4,670 Medium Scale businesses respectively in Nigeria (SMEDAN 2010, SMEDAN 2013 & SMEDAN 2015). Female entrepreneurs accounted for ownership of 43.32% of Microenterprises and 22.75% of Small and Medium enterprises respectively (NEPZA 2013). Yet there is no clear Institutional Approach to Female Entrepreneurship in Nigeria. The focus of this article is to explain the reasons for the lack of institutional approach and proffer ways to developing same. This is imperative in order to develop institutional frameworks for providing effective support for female entrepreneurs
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