DIGITAL LIBRARY
ENTREPRENEURIAL EDUCATION AS A TOOL FOR REDUCING UNEMPLOYMENT IN NIGERIA
Babcock University (NIGERIA)
About this paper:
Appears in: ICERI2012 Proceedings
Publication year: 2012
Pages: 5690-5699
ISBN: 978-84-616-0763-1
ISSN: 2340-1095
Conference name: 5th International Conference of Education, Research and Innovation
Dates: 19-21 November, 2012
Location: Madrid, Spain
Abstract:
Statement of the problem:
Education in Nigeria is devoid of the element crucial to averting the surging rate of unemployment in the country, therefore the breeding of psychological dependence on direct access to money. Entrepreneurial development through education will advance the economy of the nation; much credence should be given to it and ingrained with focus on profitable personal development. Unemployment prevails in the country, hence, the growth of violence, poverty and segregation amongst citizens, because the educational system itself fails to empower the ones passing it, therefore not catering to the economy its results should enhance by default.
This should be the core message of the evolving educational policy of Nigeria which is devoid of a system of education that emphasizes on the need to culture the country's young through the knowledge of rudimentary entrepreneurial development, common cultural heritage, and identification of exploitable strengths of structures, systems and cultures of others. If anything, there is a greater need of its augmentation, which can propel the country to work towards enduring peace and harmony.

Objectives of the study:
• To appraise if educational styles arouse interest of students in the industries of their discipline.
• To explore the effectiveness of entrepreneurial development strategy in education in universities that implements it.
• To see if the current university educational system stimulates entrepreneurial creativity in its students

Research questions:
• Do the educational strategies arouse mature curiosity in the students in the industries of their discipline?
• Are the entrepreneurial development strategies being implemented truly effective?
• Does the university classroom stimulate creativity necessary for entrepreneurship in the students?

Significance of the study:
The focus of this study will bring to the fore the crucial need for entrepreneurial education in Nigeria, putting more consideration on the educational system, policies, and its eventual social developmental effect in the society.
The study will highlight the problems of the level of education in the country and its equivalence to level of poverty in the society by virtue of lack of employment or knowledge of how to startup businesses; the resultant effect of which is a society that breeds healthy partnership and motivation, impacting on the integration of the nation.
One of the MDG goals highlights education as a critical factor to reduce poverty and dependency on in developed nations, however, the contribution of this thesis to knowledge would be to identify what is important to the economy, which is qualitative education focused on the needs of the economy per time, rather than the resolution of the United Nations to increase budgetary details, increasing the people that go through school. This is not the first paper on entrepreneurial education; however, it will be the first to do a comparative study on what is being implemented by different universities to see the effectiveness and bringing to light the results in order to ascertain which strategy would eventually work for the Nigerian economy in truly eradicating unemployment in Nigeria.
Keywords:
Entrepreneurship, entrepreneur, qualitative education, education, Nigeria.