Entrepreneurship Education and Economic Growth of Benue State (2007 - 2016)

Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 5

Abstract

Nigeria is faced with numerous of problems among which are graduate unemployment, underemployment, poverty, crime, and other social vices, which are as a result of economic meltdown, which needs urgent consideration. In order to overcome this danger, this study examines the extent of relationship between entrepreneurship education and economic growth of Benue State. A critical examination of educational sector in Nigeria shows that efforts have been made by tertiary institutions in providing enabling environment towards entrepreneurship education in Nigeria, but little has been done in the area of entrepreneurship education with the escalating rate of unemployment of 14.2 % and poverty rate of 33.1% National Bureau of Statistics, 2016 ravaging the Country. The above are attributed mainly to faulty curriculum development, lack of sufficient and skilled manpower, poor state of infrastructure, faulty foundation, inadequate or outright lack of funding, hasty preparations and poor teaching methodology. Descriptive survey design was adopted for the study and a population of 1,325 final students drawn from the seven tertiary institutions in Benue State was used for the study. Data were collected for the study using a validated questionnaire structured on a 5-point rating scale. With the aid of Statistical Package for Social Sciences (SPSS 20.0), the study employed the simple regression analysis to analyze the data. The findings of the study revealed that entrepreneurship education (academic skills and competency) is positive and insignificantly correlated with standard of living and innovation in Benue State. Based on the findings, it is therefore recommended that entrepreneurship education should be accorded the necessary attention and support by all the institutions for immediate improvement in its overall performance of Benue State and that entrepreneurship education in Benue State should be should be regarded as the beautiful bride that State and the Nation must be prepared to spend much on intellect, time, money, political will, honesty, dedication, sustained effort, and related human and material resources

Authors and Affiliations

Igomu Joseph Augustine, Elaigwu Bernard Emmanuel, Apochi Sunday, Igomu Inalegwu, Ajah Dennis Ogilegwu

Keywords

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  • EP ID EP411286
  • DOI 10.9790/487X-2005076275.
  • Views 63
  • Downloads 0

How To Cite

Igomu Joseph Augustine, Elaigwu Bernard Emmanuel, Apochi Sunday, Igomu Inalegwu, Ajah Dennis Ogilegwu (2018). Entrepreneurship Education and Economic Growth of Benue State (2007 - 2016). IOSR journal of Business and Management, 20(5), 62-75. https://www.europub.co.uk/articles/-A-411286