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ENTREPRENUERSHIP PRACTICES IN CONTEMPORARY NIGERIA: CHALLENGES AND A WAY FORWARD TOWARDS BUILDING A STRONG NATION

The aim of this research is to determine the entrepreneurs’ perception on the quality of their operation in Nigerian business environment in relation to building strong nation. It is no longer secret that most Nigerian goods cannot compete in terms of price and quality in the open international market. The problem lies in the cost profile of our manufacturing processes, inefficient design of entrepreneurship business, poor management of entrepreneurs funds which hardly been helped by the high cost of obtaining basic service that are taken for granted elsewhere. Effective implementation of policy is the best way out of these problems. The methodology adopted was conceptual in nature, intensive library work was carried out to explicate the theoretical issues, also the study relied heavily on Secondary data which is collected and published by CBN, SMEDAN, Text book, Journals, Periodicals and other related documents. The finding from the previous researchers revealed a positive relationship between entrepreneurship practices and nation building. Therefore, the study recommends appropriate authority should create a viable programme with aim of improving and enriching the effectiveness of those programmes as well as providing the necessary update to keep track of the pace of building strong Nation. And for Nigeria business environment to be salvaged from being the shadow of its former self, business policies must be backed up with appropriate funding, with commitment, Sincerity and consciousness of direction for greater good for all entrepreneur toward building a strong nation.