Equitable Wealth Distribution as a Catalyst for Female Entrepreneurship, Gender Equity, and Social Change in Rivers State, Nigeria.

Abstract

This study examined how equitable wealth distribution can advance female entrepreneurship, gender equity, and social change in Rivers State, Nigeria. The objectives of the study included among others, to: analyze the impact of wealth inequality on female entrepreneurship in Rivers State, assess the role of equitable wealth distribution in driviing gender equity, and to propose policy frameworks for sustainable social change. The theories that were found relevant to the study were Liberal Feminist Theory, Feminist Economic Theory and Social Justice Theory. Using a descriptive survey research design, the study surveyed a sample of 384 entrepreneurs determined from a population of approximately 7.234,973 million peoples of Rivers State. The study employed Krecjie and Morgan’s determinant table in arriving at the sample size for the study. Stratified random sampling technique across Port Harcourt, Obio-Akpor, and Eleme Local Government Areas (LGAs) was employed. Data for the study were collected using structured questionnaire, which was supplemented by oral interviews with 10 key stakeholders (NGO leaders, policymakers, and businessmen). The research instruments were validated by three Communication Scholars and experts in Gender Studies. Pilot testing yielding a Cronbach’s alpha of 0.85 was carried out to ensure the reliability of the research instruments. Key findings revealed that equitable wealth distribution significantly enhances female entrepreneurial activities, leading to improved gender equity and positive social transformations. The study concluded that policies aimed at fair wealth distribution are crucial for empowering female entrepreneurs and based on the findings, the study recommended among others that government and non-governmental organizations should intensify efforts to implement such policies to promote sustainable development in Rivers State, Nigeria