The Effect of Entrepreneurship Skills Among Female Students and Reduction of Unemployment in Nigeria: A Study of Federal Polytechnic Ilaro, Entrepreneurship Development Centre

Abstract

Nigeria’s ability to thrive is greatly hindered by the rate of increase in the level of unemployment, especially among graduates. However, entrepreneurship is crucial role for economic development and creation of employment opportunities. This paper examined the effect of entrepreneurship skills among female students and the reduction of unemployment in Nigeria. The study employed a survey research approach. The target population comprised female students that were enrolled in the institution’s entrepreneurship programs. A convenience sampling method was used to pick 150 participants, given the unlimited nature of the population. A significant number of participants emphasized the significance of training, innovation, and the enhancement of skills for the sustainability and expansion of enterprises in the present economic conditions of Nigeria. The results revealed a significant positive relationship (correlation coefficient of -0.862) between reducing unemployment and fostering creativity, suggesting that higher levels of creativity lead to lower rates of unemployment. Furthermore, a strong negative association (with a correlation coefficient of -0.851) was found between unemployment and entrepreneurial skills. This indicates that higher levels of entrepreneurial skills lead to a significant decrease in unemployment. The report also indicated that 76.4% of the growth of new enterprises may be ascribed to successful training. The study recommended that the educational curriculum should be revised to stress the acquisition of practical skills above solely theoretical information starting from high school and beyond and make it a priority to foster the growth of innovative and successful persons to enhance their employability, therefore encouraging self-reliance and long-term viability.