GASPRO International Journal of Eminent Scholars
ENTREPRENEURSHIP AND JOB CREATION OPPORTUNITIES FOR YOUTHS IN NIGERIA: ASSESSING THE KEY ASPECTS AND EFFECTS
The study aimed at analyzing entrepreneurship and job creation opportunities for youths in Nigeria: assessing the key aspects and effects. The emergence of cashless policies has brought about significant changes in various sectors, including education. Entrepreneurship and job creation opportunities for youths have become vital topics in Nigeria, given the country's burgeoning population of young individuals and the pressing need for employment opportunities. With approximately 70% of Nigeria's population below the age of 30, it is crucial to explore and assess the key aspects and effects of entrepreneurship as a means to address the unemployment challenge and foster economic growth. The youth population in Nigeria faces numerous challenges in securing stable employment due to limited job opportunities in the formal sector. The paper reviewed the concept of entrepreneurship, concept of job creation, effect of entrepreneurship on job creation and opportunities for youths and how to strengthen youths’ economic growth. The study concluded that The Nigerian government has launched a number of entrepreneurship projects in the last year with the goal of giving young people work and removing poverty from society. It is thought that entrepreneurship development programs in Nigeria have influenced and contributed to the country's social and economic growth as well as the accelerated creation of jobs for young people. There are many ways that entrepreneurship contributes to the creation of jobs, including the possibility of supply chain effects, the creation of an economic multiplier effect, and many others. Small and medium-sized businesses also offer employment opportunities to people with a range of educational backgrounds and skill sets. One of the recommendations made was that through the use of professional behavior and making sure that adolescents are properly mobilized and engaged in that direction, entrepreneurship programs should be set up with the purpose of eliminating poverty and ensuring sustainable employment creation.
KEYWORDS: Entrepreneurship, Job Creation, Opportunities and Youths.
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