Factors affecting entrepreneurship development among the food marketers in Ilorin Metropolis, Kwara State, Nigeria

Abstract

The study assessed the factors affecting entrepreneurship development among Food Marketers in Ilorin Metropolis, Kwara State, Nigeria. One hundred and ten respondents were randomly selected in four markets in Ilorin. The data was analyzed using frequency count, percentage, mean and Pearson Product Moment Correlation. The result reveals that mean age of the respondents was 30.5 years and about 58.2% were female. Record keeping skills (mean score =2.42) was the highest ranked entrepreneurial information needs of the respondents while lack of start-up capital (mean score =2.40) was the most severe factor affecting entrepreneurial activities of food marketers. There is a weak positive significant relationship between the entrepreneurial information needs and factors affecting entrepreneurial development of the respondents (r=0.407, p=0.0001). The study recommends that there should be provision of training on entrepreneurial skills based on the identified areas of needs and there should be provision of credit facilities to the food marketers as these will enhance their productivity.

Keywords: Entrepreneurial Development, Factors, Information Needs, Food Marketers, Ilorin Metropolis