ENTREPRENEURSHIP AND ITS ROLE IN FOSTERING ECONOMIC RECOVERY IN POST-CONFLICT ERA IN NORTH-EAST NIGERIA
Keywords:
Boko-haram insurgency, Entrepreneurship, Economic recovery, Post-conflict eraAbstract
This is a position discourse which focuses on the role of entrepreneurship in fostering economic recovery in post-conflict era in North-east Nigeria. The North-eastern part of Nigeria is badly hit by the activities of Boko-haram terrorists who grew wings to the extent of taking over some areas and putting them under their control. The region is however enjoying relative peace at this present time due to the degrading of the terrorists by the Nigerian military troops. This shows that the zone is now in post-conflict era. Entrepreneurship is a tool for societal progress, which has the potential for fostering economic recovery. This paper points out that entrepreneurship could foster economic recovery in post-conflict era in North-east Nigeria because it leads to formation of capital, income generation, job creation, utilization of local resources, competition among producers and distributors of goods and services, export promotion, increase in productivity as well as creativity and innovation. The paper concludes that active engagement in entrepreneurship by all youngsters in the region will help in revamping the economy of the zone. As a way forward, the paper, among others, suggested that the government should endeavour to intensify efforts toward winning the war against terrorism, as this will help the citizens to actively engage in entrepreneurship careers and lifelong learning.
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