Community entrepreneurship development (CED) as a strategy for poverty reduction and security in Nigeria

Poverty and insecurity are pressing concerns in Nigeria, where a significant portion of the population live below the poverty line and face threats to their personal safety. This study investigated the potential of community entrepreneurship development as a strategy for reducing poverty and enhancing security in Nigeria. The study reviewed extant literature and analysed secondary data from reputable sources such as government reports, academic journals, and international organisations, to explore the relationship between community entrepreneurship development, poverty reduction, and security outcomes in Nigeria. The results indicate that existing initiatives that are aimed at developing community entrepreneurship can significantly contribute to poverty reduction in Nigeria, especially in rural regions where economic opportunities are limited. It found that entrepreneurial activities can increase household incomes, improve food security, and enhance access to basic services, thereby reducing poverty rates. Furthermore, the findings indicate that community entrepreneurship development can contribute to improved security outcomes by reducing youth unemployment, a key driver of social unrest and crime.