Abstract
Corruption in any society not only
inhibits any form of development but also accentuates poverty, systematically
contributes to a failed state and prevents the people from enjoying their
constitutional rights as citizens of a nation. Unfortunately, this is a major
malaise which has held the socio-economic state of the nation in the jugular
and ultimately retarded entrepreneurial development in Nigeria. Thus, owing to
the destructive capacity of corruption particularly for entrepreneurship
development in Nigeria, the objective of this paper is to examine how
corruption cripple’s entrepreneurship in Nigeria. Qualitative technique was
adopted and the findings from this paper reveals that corruption has created a
volatile, unstable, unconducive and crisis ridden environment where the
development of entrepreneurship remains a fleeting illusion. It therefore
concludes and recommends that the government regulatory system in collaboration
with the ministry of commerce should be strengthened and empowered constitutionally
and financially in order to be efficient and effective in providing an enabling
environment for entrepreneurship to develop in ways that contribute to the
journey for sustainable development.
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