ENTREPRENEURSHIP DEVELOPMENT A PANACEA TO JOB CREATION FOR SUSTAINABLE ECONOMIC DEVELOPMENT IN NIGERIA (A STUDY OF SELECTED COMMUNITIES IN ANINRI L.G.A OF ENUGU STATE (original) (raw)

Impact of Skill Acquisition on Entrepreneurship Development in Ogun State, Nigeria

Every developing country like Nigeria is faced with the challenges of unemployment, many citizens of working age roam the streets in search of white collar jobs. Majority of these citizens do not have any form of skills that can help them out of these situations. Thus, the acquisition of appropriate skill in entrepreneurship development is necessary for sustainable empowerment and employment creation. This study examines the relationship between skills acquisition and entrepreneurship, development in Ogun State, Nigeria. Ninety-three (93) sample size from population of 120 entrepreneurs were selected for this study. Survey design was employed and data were collected through primary source, structured questionnaire used to collect data. Responses were analyzed using descriptive (percentages and frequency distribution) and inferential statistics (regression) to test the hypotheses. A significantly strong positive relationship was found to exist between skill acquisition and entrepreneurship development (r = 0.879), a strong positive relationship was observed between practical entrepreneurship development and employability (r = 0.899). The study therefore, recommends that there is need for skills acquisition training for all youth and young adult starting from primary schools to tertiary institutions vis a- vis practical entrepreneurial studies. There is also the need to build entrepreneurial resource and knowledge centers, theaters and workshops across the length and breadth of Nigeria as a ways to meet with the current trends of societal needs

Evaluation of the Impact of Entrepreneurship on Nigerian Economic Development (A Case Study of Jalingo Local Government Area of Taraba State, Nigeria)

2015

This paper examined the inadequate entrepreneurship skill among the Nigerian youths and its contribution to unemployment rate in Nigeria. Some variables were identified as possible problems of acquiring entrepreneurship skills in Nigeria. The study focuses on ways that is needed and used to conceive and commercialize business opportunities. Nigeria especially in the face of the global economic crisis and its energy crisis requires graduates who will be job “creators” and not job “seekers”. Review of some related literature pertaining to the subject matter were identified in the study. Method used in collection of data was questionnaires. The method used in data analysis is table and simple percentage and the statistical tool used for testing of hypothesis was chi-square. Based on the findings the research made this: that Networking events among graduates is good such that workshops, seminars, symposia, lectures and so on be organized so that cross fertilization of ideas could take p...

Entrepreneurship development and employment generation in Nigeria: Problems and prospects

This paper took a study of Nigeria's growing unemployment situation and how it increasingly dwindles the potentials of the country, especially following official figures from the Bureau of statistics that puts the figure at about 20% (about 30million), which still did not include about 40million other Nigerian youths captured in World Bank statistics in 2009. By implication, it means that out of the 150 million Nigerians, 50% are unemployed, or worse still, at least 71% of Nigerian youths are unemployed. These days, employment creation is no longer the prerogative of government but, a joint effort between the public and private sectors. It is in this regard that this paper seeks a permanent solution to this endemic and pandemic phenomenon in Entrepreneurship development. In doing so, the paper is divided into eight segments, covering the background of the study, literature review and theoretical discourse on entrepreneurship development in Nigeria and its potency in employment generation as well as its problems and prospects. At the end of the study, having utilized the secondary source of data generation to source data for the paper, relying extensively on current articles from ardent scholars on entrepreneurship development and government statistical documentations, the paper made several findings and recommendations among which is that government should make entrepreneurship sellable to the people by inculcating it into the educational curriculum at every strata of the educational sector and also utilize a re-modeled NYSC scheme to educate the youths more on the importance, essence and need for entrepreneurship development especially on a practical basis and then find a means of supporting these entrepreneurship projects cutting across all spheres of the country; and also create enabling environment for entrepreneurship to thrive by ensuring social security and adequate infrastructural facilities.

Entrepreneurship education as a panacea for job creation and sustainable national development in Nigeria

Ugbor, Cletus Chibuike; Ezeaku Felicia Ngozi; *Ozioko Agatha Nkechi & Isife Raphael Lebechukwu, 2020

This paper examined entrepreneurship education as a panacea for job creation and sustainable national development in Nigeria. Two research questions guided the study. The study adopted a descriptive survey design. The population of the study was all the Small and Medium Enterprises Development Agency of Nigeria and Bank of Industry in South-East, Nigeria numbering 1001. The sample and sampling technique was 300 Small and Medium Enterprises Development Agency of Nigeria and Bank of Industry from South-East, Nigeria using sample random sampling technique. The instrument for data collection was structured questionnaire titled: “Entrepreneurship Education Job and Creation Questionnaire (EEJCQ)”. The instrument was validated by two experts. The instrument yielded reliability co-efficient of 0.81 using Cronbach Alpha method. The results were analyzed using mean scores and standard deviation. The findings revealed that, the roles of entrepreneurship education in job creation for sustainable development in Nigeria include: equipping the youths and graduates with the necessary requisite vocational and technical skills/ knowledge/values, generation of self- - employment for the people, aids in self-reliance, among others. The findings of the study revealed the challenges inhibiting job creation through entrepreneurship education for sustainable national development in Nigeria include: inadequate funds, infrastructural decay in schools, inadequate manpower, and corruption in the education system, among others. Based on the findings, it was recommended among others that, adequate funding and manpower should be made available to schools alongside, the organization of sensitization programmes for educators/teachers and students through workshops, seminars, conferences on the need for entrepreneurship education programme to enhance job creation for sustainable national development in Nigeria.

ENTREPRENEURSHIP EDUCATION SKILLS AND JOB CREATION Entrepreneurship Education Skills and Job Creation among Youths in Boosting Enugu State, Nigerian Economy

ENTREPRENEURSHIP EDUCATION SKILLS AND JOB CREATION Entrepreneurship Education Skills and Job Creation among Youths in Boosting Enugu State, Nigerian Economy, 2022

Research Purpose: This study is to investigate the relationship between Entrepreneurship Education Skills and job creation among Youths in Boosting Enugu State Economy. To achieve the above objectives, two research questions and two hypotheses guided the study. Design/Methodology/Approach: The population of the study is 170 business Education students in four universities offering Business Education in Enugu state during the 2021/2022 academic session. The entire population was studied because it was manageable. The instrument for data collection was a 10-item structured questionnaire developed by the researchers. The instrument was structured using a four-point rating scale and was face validated by an expert in computer/statistics Education Department in the Faculty of Education, Godfery Okoye University Enugu. An instrument titled Entrepreneurship Education to Job Creation among Youths Questionnaire (EEJCYQ) was used for data collection. Test-retest was utilized to determine the reliability of the instrument which gave a value of .87. The data analysis was based on responds from 150 copies of questionnaire out of 170 copies distributed which represent 88.24.9% return rate. ANOVA statistical tool was used to test the hypotheses at .05 level of significance. Findings: The result of the findings reviled that a moderate positive relationship was found between entrepreneurship education and Job Creation among Youths in boosting Enugu State Economy. Also, it was found that the skills undergraduate students acquire after completing courses' bearing in mind entrepreneurship education significantly influences their job creation.

Alleviating poverty through the use of entrepreneurship skill acquisition in Kogi State, Nigeria,&quot

2013

This study assessed the impact of entrepreneurship skill acquisition on poverty in Kogi State of Nigeria. The study made use of primary data collected with the aid of a well structured questionnaire which were administered by well trained enumerator to beneficiaries of entrepreneurship acquisition skills randomly sampled from six Local Government Area of the state. The data collected through the questionnaire was analyzed using descriptive statistics like frequencies and percentages. The result shows that 65% of the respondents accepted that lack of entrepreneurship skills among youth is responsible for the high rate of poverty in Nigeria. The result also revealed that at least 60% of the people that benefitted from the skill acquisition programme can now afford the basic necessity of life. The study therefore recommended that since most of the people that benefited from the programme could afford the basic necessity of life, the government should begin to think of the way of develo...

Impact of Entrepreneurship Development on Employment Generation in SabonGari Local Government, Kaduna State

International Journal of Entrepreneurship and Project Management

Purpose: The purpose of the study is to examine the effect of entrepreneurship development on job creation with primary data inputs drawn from Sabon Gari Local Government Area, Kaduna State Nigeria. Methodology: Two forms of entrepreneurship- innovative and replicative are considered with a view to contributing to the debate through the lens of binary logit regression analysis. A sample of 331 entrepreneurs were selected using simple random sampling technique and were analyzed using descriptive statistics and binary logit regression. Findings: Despite the role of entrepreneurship towards job creation in a developing country like Nigeria, youth unemployment remains high as at 55.4% in the third quarter of 2018. The literature on the entrepreneurship-employment nexus is scanty primarily due to data limitations and lack of appropriate quantifiable measures of entrepreneurship. The result showed that about 79.7% of the sampled entrepreneurs have employed one or more persons; suggesting ...

Alleviating Poverty through the Use of Entrepreneurship Skill Acquisition in Kogi State, Nigeria

2013

- This study assessed the impact of entrepreneurship skill acquisition on poverty in Kogi State of Nigeria. The study made use of primary data collected with the aid of a well-structured questionnaire, which were administered by well-trained enumerator to beneficiaries of entrepreneurship acquisition skills randomly sampled from six Local Government Area of the state. The data collected through the questionnaire was analyzed using descriptive statistics like frequencies and percentages. The result shows that 65% of the respondents accepted that lack of entrepreneurship skills among youth is responsible for the high rate of poverty in Nigeria. The result also revealed that at least 60% of the people that benefitted from the skill acquisition programme can now afford the basic necessity of life. The study therefore recommended that since most of the people that benefited from the programme could afford the basic necessity of life, the government should begin to think of the way of dev...

RE-APPRAISAL APPROACH TO THE CHALLENGES OF UNEMPLOYMENT IN NIGERIA: ENTREPRENEURSHIP AND SKILL ACQUISITION AS AN ALTERNATIVE OPTION

Nasarawa Journal of Political Science , 2018

The entrepreneurial function implies the discovery, assessment and exploitation of opportunities, in other words, entrepreneurship means; creating new products, services or production processes; new strategies and organizational forms and new markets for products and inputs that did not previously exist. The aim of this study is to investigate the relevance of skill acquisition in solving the problem of unemployment in Nigeria. Content Analysis and Exploratory Case Studies research method were used for the study. The target populations comprised of some selected skills acquisition centres in South West Nigeria. A purposive sampling technique method was used; the sample of 12 skill acquisition centre, two from each State. The main research instrument use was in-depth interviews. The study is very important because it will assist government in formulating policy and programme that will further strengthen the innovative skills to be acquired for economic diversification and economic growth. Findings from the study reveal that Skill acquisition is a dynamic skills transmission that is self-regulating and self-reliance. The study further reveals that, about 30 Products were selected for the skill acquisition programme. The skill acquisitions programme covers the following Products: Power inverters, Automatic power changeover switch, Installation of solar power, accessories, electrical devices repairs, Dettol and liquid soap production, stove wick production, scurrying powder, Kampala production, Electric packaged fish, Anti-mosquito repellant cream, roots and herbs natural soap, after shelves natural spirits, Bead making and wire work etc. the study therefore, recommends that, in order to reduce unemployment and improve informal micro-enterprises, reduce poverty and increase GDP, government should invest heavy on innovative technology, research institute like TICs and others.

Entrepreneurship Education : A Panacea for Unemployment in Nigeria

NG-Journal of Social Development, 2016

Entrepreneurship world over are believed to be catalyst for economic growth and an antidote to unemployment. The emergence of competitive environment fostered by globalization and entrepreneurial phenomenon appears critical both at local and national level. This study focused on entrepreneurship education as a panacea for unemployment in Nigeria. A descriptive survey research method was adopted. Stratified random sampling method was used to select 120 entrepreneurs and 80 scholars from Enugu State. The instrument of data collection for this study was questionnaire administered to respondents. Ten (I0) questionnaire items that measured entrepreneurship education as a panacea to unemployment in Enugu State was presented. The techniques of analyses adopted included the statistical weighted means, scores and standard deviation. Findings arising from the study revealed that the increasing global phenomenon and awareness on entrepreneurship education will enhance the acquisition of the necessary skills for gainful and self-employment. The Nigerian educational policy should further consider the introduction of entrepreneurship development programme as a compulsory course in all level of our educational system in Nigeria. Attention should be given to the appropriate entrepreneurial education to encourage the emergence of individuals with required entrepreneurial skills so as to reduce the high level unemployment in Nigeria.