FACTORS INFLUENCING WOMEN’S ENTREPRENEURSHIP AND SELFRELIANCE AS PANACEA TO COMBATING UNEMPLOYMENT IN NIGERIA: A CASE STUDY OF SELECTED ENTREPRENEURS IN ONDO STATE
Sr No:
Page No:
117-123
Language:
English
Authors:
FAKOREDE Olufisayo Olukemi, Dr. AKINOLA Emmanuel Taiwo* , AKANJI, Babatunde Oluwatoyin (PhD)
Received:
2025-03-01
Accepted:
2025-03-16
Published Date:
2025-03-19
Abstract:
This study investigates the factors influencing women’s entrepreneurship and selfreliance as a panacea to combating unemployment in Nigeria, focusing on selected entrepreneurs
in Ondo State. Through a qualitative research design, the study utilizes interviews and surveys to
gather insights from a diverse range of women-led businesses, from small-scale enterprises to
larger ventures. Findings reveal that women entrepreneurs encounter significant challenges, such
as limited access to finance, inadequate training, and societal barriers. Despite these obstacles,
their contributions to job creation and economic development are considerable, with many
women entrepreneurs achieving self-reliance and creating employment opportunities within their
communities. The study underscores the need for supportive government policies that improve
access to funding, training, and resources tailored for women entrepreneurs. Recommendations
include establishing microfinance institutions, implementing targeted training programs, and
fostering networking opportunities to promote collaboration among women entrepreneurs.
Ultimately, this research highlights that empowering woman through entrepreneurship addresses
unemployment while promoting economic growth and social development in Nigeria. By
presenting successful case studies, the study demonstrates the transformative potential of
women’s entrepreneurship in combating unemployment in the region.
Keywords:
Women Entrepreneurship, Self-Reliance, Unemployment, Economic Development, Entrepreneurs.