ENTREPRENEURIAL EDUCATION AS A STRATEGY FOR UNEMPLOYMENT REDUCTION IN EKITI STATE.

ENTREPRENEURIAL EDUCATION AS A STRATEGY FOR UNEMPLOYMENT REDUCTION IN EKITI STATE.

TABLE OF CONTENTS

Title page

Certificate

Dedicated

Acknowledgements

Table of contents

Abstract

CHAPTER ONE: INTRODUCTION

Background to the Study

Statement of the Problem

Objectives of the Study

Research Question

Significant of the Study

Scope of the Study

CHAPTER TWO:  LITERATURE REVIEW

Introduction

Unemployment   Concept

Guidelines for Reduction to Unemployment

Entrepreneurial Education and its Consequence in Ekiti State Economy

Objectives of Entrepreneurial Education

The Role of Entrepreneurship in Higher Education in

Economic Development

Public View on the Issue of Entrepreneurship on Education

CHAPTER THREE: METHODOLOGY

Introduction

Research Design

Population of the Study

Sample and Sampling Technique

Research Instrument

Validity of Research Instrument

Reliability of Research Instrument

Method of Data Collection

Method of Data Analysis

CHAPTER FOUR

RESULT AND DISCUSSION

Discussion of Findings

 

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS                                                                     

Summary

Conclusion

Recommendations

References

Appendix

 

ABSTRACT

Entrepreneurial development through education will advance the economy of the states much credence should be given to it and ingrained with focus on profitable personal development. This research work, therefore examines the strategies of entrepreneurial education carried out in two Universities. The object of the study were to appraise if educational styles arouse interest of the student in the industries of their of their discipline to explore the effectiveness of entrepreneurial development strategy in education in schools that implements it to see if the current universities system stimulates entrepreneurial creativity in its students.

The study shows that entrepreneurial education should be taught with field oriented and practical approaches. The study recommends that there should be a working partnership, bridging the gap between the higher institution and the industry. Lecturer should have field experience to aid communication and teaching of the course and universities should work toward becoming entrepreneurial hubs for students and young entrepreneurs. The government should also focus more on the youth age group for entrepreneurship development on the state amongst other thing for the development of the states.

CHAPTER ONE

INTRODUCTION

Background of the Study

Nigeria is bedeviled by a myriad of problems which, despite her oil wealth, inhibit her development and even threaten her continued existence as a sovereign state. Nigerian’s socio-political and economic circumstance give the significant indication that many of her problems stem from an origin of artificial colonial construct which lumped together a variety of separate people. Fragmentation of the nation is seen as a distinct possibility unless its citizens can be  induced to accept a new sense of Nigeria identify, which affects the whole states in which Ekiti States is one of it. This would necessitate a number of radical changes, not only in the political and economic structure of the state but also in the psychology of the people. Ekiti State have lived through series of administrations under different government and the question still arise “are jobs provided for the employed citizens in Ekiti State”

The increasing numbers of those who are not gainfully employed or adequately educated in an Ekiti State, remain preys as political tools of violence occurring in the state over a period of time. The Ekiti State has depended much on monthly federal allocation as her major source of revenue for years, the current administration also fails to recognize that the future of the state depends on the economy of its people (the youth) which is the untapped; ill harnessed, most lucrative resource of the Ekiti State. If it remained this way in the next ten years, putting into consideration the effect of increased poverty, lack of employment, poor educational system, it is unpredictable what the result will be.

Table 1.2 unemployment Rate by Educational level, Age group, Sex and Sector (2013).

Educational level Urban Rural Composite
Never Attended 10.0 12.5 12.3
Primary school 11.5 12.7 12.5
Modern school 11.1 20.5 22.7
Voc/comm 24.5 22.0 25.7
J.S.S 10.6 26.9 23.4
S.S.S O’ level 6.9 18.5 20.1
A level 24.1 21.7 21.0
A level 24.1 21.7 21.0
NCE/OND/Nursing 12.2 22.0 10.2
BA/BSC/HND 13.5 23.8 18.2
TECH/PROF 2.0 24.5 16.6
Master 1.2 5.3 3.1
Doctorate 9.1 5.5 6.1
Other 26.3 22.1 25.5
Age Group      
15-24 23.5 28.2 27.5
25-44 12.3 20.1 20.4
45-59 10.5 16.6 15.0
60-64 15.8 18.1 21.4
Sex      
Male 12.5 20.1 20.5
Female 15.2 22.1 22.3
State 15.1 20.5 21.9

Evidence from a range of source including the report of the National Committee on job creation and putting state to work reveal that the biggest drivers of Nigerian’s current youth unemployment crises are:

Lack of jobs

Lack of skill and experience

Mismatch between supply and demand for labour

Numerous barriers to youth entrepreneurship plethora of job creation interventions in public, private and nonprofit sectors, including Nigeria Directorate of employment (NDE), industrial Training Fund (ITF), National Poverty Eradication Programme (NAPED) small and medium Enterprises Development Agency of Nigeria (SMEDAN), only reaching fewer than 10,000 youth a year.

Lack of entrepreneurial education, that creates a self-reliant ideology in people will lead to gross unemployment, which results in poverty and lack; this in turn creates survival instructs in individuals and then brings about segregation among the people.

Entrepreneurial education will however lead to increased employment, reduces poverty level, bring about entrepreneurs working together for common good and consequently establishing a stronger economy than the present Nigerian economy. Entrepreneurs can take advantages of the community to grow their businesses, create jobs and employment for required skill set they will find within

Their state and grow. Poverty entails more than just the lack of income and productive resources to ensure sustainable livelihoods. Its manifestation include hunger and malnutrition, limited access to education and other basic services, social discrimination and education as well as the lack of participation in decision-making various social group bear disproportionate burden of poverty.

A social perspective on poverty should contribute to the debate on the effectiveness and limitations of current poverty reduction strategies. One of which is education. Education is critical to the development of personal economy poverty level to at least the level of self-sustenance, however the average of graduate to be prepared to become employed  by the available firms or  business owners in the society, which an approach  grows  the number of unemployed in the society. Entrepreneurial education administered, that the number of student that pass  through school, development state.

Among the barriers that would hinder progress within the current education system are:

  1. Rigidity of system-certain people benefit from the status quo, and are resistant to change. Others are unable to see the possibilities for change, or lack the commitment, coverage or energy needed.
  2. Governments or local leaders who are generally not held accountable for how much is spent, and how education system are managed.
  3. Sufficiency attitude what is provided for the poor is not good enough
  4. Inadequate poor infrastructure or support system- this makes it difficult to implement successful poverty eradication intervention.

Ekiti State cannot combat the ills of the society just by raising its budget, there should be a strategies systematic approach to education that would bridge the gap between its service delivery and its effectiveness in the state.

 

Statement of the Problem

Entrepreneurial development through education will advance the economy of the state; much credence should be given to it and ingrained with focus on profitable personal development. Unemployment prevails in the state, hence, the growth of violence, poverty and segregation amongst citizens, because the educational system itself fails to empower the ones passing through it.

This should be the cone message of the evolving educational policy of Nigeria which is devoid of a system of education that emphasizes on the need to cultures of others. Based on the above, this research topic is justified timely and appropriately.

Objectives of the Study

The aim of this study is to examine the roles of  entrepreneurial education, as strategy for unemployment reduction.

The specific objectives are to:

  1. Appraise if educational styles arouse interest of students in the industries of their discipline
  2. Explore the effectiveness of entrepreneurial development course/training in education in Universities that offer it.
  3. See if the current University educational system stimulates entrepreneurial creativity in its students

Research Questions

  1. Do the educational strategies arouse in the students mature curiosity in the industries of their discipline?
  2. Are the entrepreneurial education strategies being implemented truly effective?
  3. Does the university classroom stimulate creativity necessary for entrepreneurship in the students?

Significance of the Study

The focus of this study brings to the fone the crucial need for entrepreneurial education in the Ekiti State, putting more consideration on the educational system, strategies and its eventual social development effect in the society.

The study highlight the problems of the level of education in the state and the equivalents to level of poverty in the society by virtue of lack of employment or knowledge of how to start up a business.

Also in order to ascertain the strategy which would eventually help the Ekiti State in truly eradicating unemployment. In short, the findings of the study will and policy makers in policy formation toward poverty eradication and employment provision in Ekiti State.

 

Scope of the Study

The study examines the strategy of entrepreneurial education in the development of the state, its significant in the reduction of unemployment in Ekiti State between 2011 and 2015. The study period is considered to be relevant because of its immediate impact on the future of Ekiti State, through which one can discover if the role education plays currently with facilities state development.

 

 

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