Original Research Article
Public policy and rural private sector development in Nigeria
Omoniyi Ajulor1, Otu Duke2, David Nwogbo3 and Emma Etim1*
1Department of Public Administration,Faculty of Management Sciences,Lagos State University – Nigeria
2Department of Public Administration, Faculty of Social Sciences, University of Calabar,Nigeria.
3Department of Public Administration, Faculty of Management Sciences, National Open University of Nigeria, Abuja, Nigeria.
*Corresponding Author Email: emmaetim1(at)gmail.com
Omoniyi Ajulor |
Otu Duke |
David Nwogbo |
Emma Etim |
Article Number: IBME.21.001 | Pages: 1-10 | Vol. 9 (1), March 2021 | DOI: https://doi.org/10.15739/IBME.21.001
Received: November 18, 2020 Accepted: January 28, 2021 Published: March 18, 2021
Abstract
The rural private sector remains the basis upon which social development, healthcare service delivery, education and social security systems in rural areas rely. Nonetheless, this sector has often been neglected by policymakers in Nigeria. The purpose of this study was to examine public policy and rural private sector development in Nigeria, using the integrated rural development theory. This study seeks to answer the following research questions; What are the policies of women market access and pro-poor growth? In what ways can rural private sector development in Nigeria be compared to what is obtainable in China and Russia? What are the major challenges of the rural private sector development in Nigeria? The survey research design was adopted for this study and data were generated using both primary and secondary sources and analyzed using descriptive statistics. The findings of this study reveal that there is a significant relationship between public policy and rural private sector development in Nigeria; unnecessary control by the Nigeria government affects rural private sector development. This study recommends that barriers to formalization should be removed from rural areas and other sectors of the Nigerian economy and there is a need to adopt policies that allow more rural women to access the market. This study concludes that to achieve a better future for everyone, including rural dwellers by 2030, the Nigerian government should strengthen public-private dialogue/partnership. The government should partner the rural private sector to improve infrastructure in rural areas, make technologies available and promote agricultural value chains in the rural areas as done by some emerging nations.
Keywords:
Agriculture, integrated rural development, Pro-poor growth, public-private dialogue.
How to Cite this Article
Ajulor O, Duke O, Nwogbo D, Etim E (2021). Public policy and rural private sector development in Nigeria. Issues Bus. Manag. Econ. 9(1):1-10.
Author(s) retain the copyright of this article. Author(s) agree that this article remain permanently open access under the terms of the Creative Commons Attribution License 4.0 International License.