I can confidently say that the truth is rather the opposite.
There are a lot of funds made available for Nigerian startups for either for-profit or not-for-profit Ventures.
In my opinion, it’s not for the lack of Entrepreneurial spirit but for the suppression of dreams especially growing in a society that stuck in a vicious cycle of bad leadership and bad followership coupled with a low level of patriotism.
I say this because, if your mindset is set to solving issues within your society and make for it. It is a ‘no brainer’ to have a go at Entrepreneurship. Not just going for it, to keep food on the table.
A lot of Youth are not exposed enough to know that there are frameworks in place to support their Disruptive ideas to graduate to fully operational business.
Watch my YouTube video for more information. https://youtu.be/NezYeE13UOk