Entrepreneurship Education as a Catalyst for Employment Generation and Sustainable Economic Development in Agege Local Government Area, Lagos State:

Adetoun Oluwaremilekun Esther Adenuga

doi:10.52968/15605388

Adetoun Oluwaremilekun Esther Adenuga Department of Social Sciences, Distance Learning Institute, University of Lagos, Akoka, Lagos.

Keywords: Entrepreneurship education, Economic development, employment generation, Economic independence, Poverty Reduction

Abstract

Entrepreneurship education has been said to be the answer to the economic challenges of most developing economies. Hence, this study paper examined entrepreneurship education as a panacea for employment generation and economic development in Nigeria. Three specific objectives, three research questions and two research hypotheses guided this study. The research design was descriptive survey. The study was conducted in the Agege Local Government of Lagos state. Multi-stage sampling techniques which comprised purposive and simple random sampling techniques to select 86 respondents across the studied. This researcher developed 16-item four-point scale questionnaire titled “entrepreneurship education, employment generation and economic development questionnaire was admitted to 86 respondents. 80 questionnaires were returned and found useful for analysis. The Data collected was analyzed using descriptive and inferential statics. The hypotheses were tested with PPMC analysis at 0.05 level of significance. The study found that there is a significant and positive relationship between entrepreneurship education and employment generation. Also, entrepreneurship education significantly impacts poverty reduction. Furthermore, capital was the major challenge identified as a constraint to entrepreneurship education as solution to unemployment and poor economic development in the studied area. Based on the findings of the study, it was concluded and recommended that entrepreneurship education should be well-funded in schools, to allow the students at various level acquire the needed vocational and managerial skills needed to be self-reliant and effort should be made make funds available to beginners.

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