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Articles

CJOE: VOL. 7 NO. 2, DECEMBER 2023

The Role of Women Empowerment in the Development of Women Entrepreneurship in Lagos State

Submitted
January 24, 2024
Published
2024-01-26

Abstract

Women Entrepreneurs have been making a significant impact in all sectors of the economy globally through the display of originality, ingenuity, innovation, and creativity, which has enhanced productivity and by this economic growth and development can be achieved. The study examined the role of women empowerment in the development of women entrepreneurship in Lagos State Nigeria. The descriptive survey design was used for this study. One research question was used and three hypotheses were tested to guide the study. The population for the study were all women entrepreneurs in Nigeria. The sample for the study was women entrepreneurs in Lagos State and a simple random sampling procedure was used to draw the 111 that participated in the study. The instrument for data collection was a questionnaire titled “Role of Women Empowerment in the Development of Women Entrepreneurship in Lagos State” with a Cronbach alpha coefficient value of 0.75. The data were analysed using descriptive statistical tools such as frequency count and percentages while Chi-Square was used for null hypotheses testing with the aid of Statistical Package for Social Sciences (SPSS 21). The result from the study revealed that women’s empowerment had a significant role to play in the development of women entrepreneurship in Lagos State. The study recommends that the government and all stakeholders in the field of women entrepreneurship must join hands together to promote women entrepreneurship through adequate educational, financial and skill empowerment because the benefits the economy stands to gain from the female entrepreneurial activity are capable of transforming all sectors of the economy where these women businesses are domiciled and by extension bring about the much desired economic development of the nation