Solving the Nigeria Youth Unemployment Crisis by using Entrepreneurial Education & Skills Acquisitions
Conference: ISA 22nd Annual International Conference (2025)
Presenter(s): Kingsley Chukwudi Okafor
Tags: 2025 Abuja Cubana Suites Hustle & Bustle Limited Kingsley Chukwudi Okafor
Abstract
Unemployment as a global phenomenon is on the increase especially in Nigeria. The rate of youth unemployment in Nigeria is put at 54% of the population [21]. It is also pertinent to note that this problem cannot be totally eradicated or solved but can be drastically reduced to its barest minimum through continuous education and the acquisition of entrepreneurial skills. Education is said to be the gradual acquisition of knowledge which is integrative in nature. Education as an on-going process does not end with acquisition of knowledge. The knowledge, understanding, skills, attitudes and competencies acquired must be constantly updated and stimulated through practical experiences and experiments. The practicality of the acquired knowledge births creativity and enterprise skills in the individual. This entrepreneurial knowledge gives the individual an added advantage for better understanding and improvement thereby promoting his self-esteem, self-efficacy and self-confidence. It is believed that the co- curricular character developed in the process of experiencing and experimenting makes the graduate to be bold enough to further venture into more risk by establishing a business of his/her own. All these will culminate into the employability of the Nigerian youth either by being more employable or being self-employed. Also, all these would definitely aid to reduce the rate of unemployment in our dear country, Nigeria.
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