The Nigerian Business Sector: Its Contributions, Constraints and Remedies

Abstract

In this paper we have X-rayed the contribution of the Nigerian business sector to the development of the Nigerian society, especially in areas such as job creation, foreign exchange and income generation, provision of basic needs of the society, infrastructural and entrepreneurial development and so on. However, despite all these benefits the sector is yet to be given adequate consideration. Based on this, the paper finds it necessary to examine the major problems faced by the sector with a view to establishing a framework for effective management and control of the business sector that would enhance overall economic growth of the nation.

SOPHIA: An African Journal of Philosophy Vol. 8 (2) 2006: pp. 89-93