Border Closure: Making or Marring Entrepreneurial Activities? Retailers Are Concerned

Entrepreneurial activities are fast becoming the primary means of livelihood as increasing number of people are embracing it to overcome socio-economic challenges. However, many in certain sector of the entrepreneur activities are faced with many policy challenges. This study seeks to find out lived existentialism of the retailers involved in entrepreneurial activities related to the border closure and the effect of the policy on entrepreneurs' business as it influences the informal sector in the Ibadan metropolis. The study adopts the Mertons’ Functionalist theory to situate study concepts. The descriptive research design with the use of qualitative methodology was adopted for the study. The in-depth interview was conducted with 10 entrepreneurs in the Ibadan metropolis and analysed in themes. Study findings shows that there have been more complaints about their activities since the border closure policy was enacted. That is the state of their activities has been deteriorating since the implementation of the policy. However, irrespective of the challenges, the study reveals that the entrepreneurs still make their profit, even though at a reduced rate. Based on the findings, it was recommended that entrepreneurs need to be educated and sensitized on the impact and usefulness of any government decision on the business environment to prevent opposition within the society. In addition, the porosity of the border (land border) and not the closure of the border should be of much concern to the government and their officials; hence, the government should tighten up the borders by having strict regulation when it comes to trading, importation and exportation of commodities across borders.