Abstract

ANALYSES THE EFFECTS OF ENTREPRENEURSHIP DEVELOPMENT PROGRAMMES ON ASSETS AND SAVINGS; A CASE OF KANO METROPOLIS, NIGERIA

Muhammad Bilyaminu Ado, Mustapha Mukhtar, Abdullahi Hassan Gorondutse

Volume: 8 Issue: 1 2018

Abstract:

This study analyses the effects of Entrepreneurship Development Programmes on assets acquired and savings; a case of Kano metropolisNigeria. The main objective of the study is to determine the overall effects of entrepreneurial development program on savings and Assets acquired by the beneficiaries.Beneficiaries of Lafiya Jari, Poultry, fisheries and informal sector business operators’ were selected from among Kano State EDPs for the study. 558Questionnaires were distributed and administered to therespondents selected based on a multi-stage sampling frame for the study. It uses descriptive statistics, ordered logit and generalized ordered logit to ascertain the effect of Entrepreneurship Development Programmes on assets acquired and savings by the beneficiaries. The results indicate that: with respect to the Kano State selected EDPs have positive and statistically significant effect on assets acquired and savings. Variables such as age, marital status, education, business location and grant offered by government were important determinants of assets acquired and savings. The level of sustainability of the beneficiaries’ businesses was high, given their willingness to carry on with their business activities. Education was found to be the most significant factor that drives business success among the beneficiaries. This study concludes that, the Kano State EDPs have a significant effects in creating savings and asset acquiredproxy by perceived financial status and consequently in reducing poverty in the state. The study recommends among others that Kano State government should increase investments in the EDPs in order to reach other potential beneficiaries.

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