ENVIRONMENTAL DETERMINANTS OF ENTREPRENEURSHIP IN NIGERIA- A LITERATURE SURVEY
1 Department of Business Administration, Western Delta University, Oghara, Delta State.
* Corresponding author: florenceomonzejele@wdu.edu.ng
* Corresponding author: florenceomonzejele@wdu.edu.ng
Abstract
This study is a purely Literature survey, employing thematic analysis of factors of
entrepreneurship in Nigeria. It provides an in-depth exploration of the environmental
constraints that hinder the development of entrepreneurship, critically examining literature on
the fundamental challenges entrepreneurs face, including poor infrastructure, inadequate
access to funding opportunities, unstable power supply, and inconsistent government policies
in the Nigerian setting. The findings reveal how these challenges contribute to high business
failure rates, restrict long-term sustainability, and perpetuate economic underdevelopment.
To address these challenges, the paper proposes actionable solutions such as the deliberate
improvement of infrastructure, the creation of supportive and consistent government policies,
enhanced financial inclusion, and the establishment of frameworks that encourage innovation
and risk-taking. The predominant objective is to provide a clearer understanding of how these
obstacles can be dismantled in order to foster a more enabling environment for
entrepreneurship and, by extension, sustainable economic development in Nigeria.
Keywords
Entrepreneurship
Nigeria
Constraints
Infrastructure
Development and Environmental Determinants.
How to Cite
OMONZEJELE, F. E., & OBIRE, K. O. (2025). ENVIRONMENTAL DETERMINANTS OF ENTREPRENEURSHIP IN NIGERIA- A LITERATURE SURVEY. Bayero Business Review, 9(2), 94-108.
F. E. OMONZEJELE, and K. O. OBIRE, "ENVIRONMENTAL DETERMINANTS OF ENTREPRENEURSHIP IN NIGERIA- A LITERATURE SURVEY," Bayero Business Review, vol. 9, no. 2, pp. 94-108, December 2025.