Entrepreneurial Development and Employment Creation: A Focus on Education and Financial Aid as a Sustainable Option for Youths in Nigeria

Abstract

This paper shades evident light on the launch of entrepreneurial development and employment creation in recent times. The main objective lays bare the value of entrepreneurial development as a plausible option in the creation of employment for youths in Nigeria. From the study, entrepreneurial development is not rooted on a singular fundamental approach. There are other concentrations, such as entrepreneurial education and financial empowerment, which relates to job creation and sustainability. The inquiry investigated how entrepreneurial training and financial empowerment boost employment creation and sustainability for Nigerian youths. The study righty adopts Econometrics analysis while using a time series data from 1992 to 2015 retrieved from the Bureau of Statistics and Central Bank of Nigeria statistical bulletin. The variables stipulated in the inquiry were analyzed using E-views computational software while inculcating the unit root/ Augmented Dickey Fuller test etc for the statistical analysis. The findings divulged that entrepreneurial education triggers the desire for financial freedom in Nigerian youths. The study appreciably recommends that the government instigate policies that pay more attention to entrepreneurial education in tertiary institutions as Nigerian youths are encouraged to improve themselves via entrepreneurial enlightenment.