Revitalizing Entrepreneurship Education for Sustainable Development in Nigeria

Abstract

The paper dwells on revitalizing entrepreneurship education for sustainable development in Nigeria. The need for entrepreneurship education in Nigeria educational institutions has become necessary following the high level of youth unemployment rate that ravages the entire county. The increase in enrollment into schools has culminated in the establishment of more educational institutions but without corresponding increase in the number of industries to accommodate the huge number of graduates that are churned out by these educational institutions on a yearly basis. This has resulted to youth unemployment which has become a worrisome trend in Nigeria societies. Nigeria remains off track in achieving the Millennium Development Goals (MDGs) and vision 20:2020. The paper critically examines the effort of government in curbing youth unemployment through establishment of entrepreneurship training and skill acquisition centres for unemployed youths to reduce the level of poverty and social vices that have become the order of the day with regards to Nigerian youths. The paper further examines that entrepreneurship education gives people exposure to a wide range of activities, helping developed a broad skill set, creativity, innovation and self reliance. However, the issue of funding has been the major challenging of entrepreneurship education in Nigeria. Therefore, the papers suggests that government at all levels need to intensify effort by providing adequate funds for sustainability of entrepreneurship education in Nigerian institutions of learning