ENTREPRENEURIAL DEVELOPMENT FACTORS AFFECTING EMPLOYMENT GENERATION AMONG YOUTH IN DELTA SOUTH SENATORIAL DISTRICT

Abstract

The study examined the effect of entrepreneurial development on employment generation in
Nigeria using the National Youth Council of Nigeria Delta State Chapter as the study area.
Unemployment has been a big issue in Nigeria, especially among the youth. The idea is to
assess whether entrepreneurship development can be a viable alternative for employment
generation in the country so that in addition to reducing poverty, the problems associated
with may also be solved. The study adopted descriptive survey design as its method. Major
tools of analysis were simple summary statistics of percentages, correlation and multiple
regression analysis. All tests were conducted at 0.05 level of significance. Preliminary results
showed that F-Statistics is 22.340 which statistically significant because P0.000 is less than
0.05 the significance level. The model was therefore considered adequate for predictions.
Major findings indicate that financial management skills and government support mechanism
have significant positive effect on employment generation among the youth in Nigeria. The
study concludes that in rethinking entrepreneurial skills development by the youth for
employment creation, government have the responsibility to make the initiative succeed so
that it does not go the way of those interventions before. It was recommended among others
that the prospective entrepreneurs (the youth) should be made to acquire the necessary
entrepreneurial skills among which is the business decision making skill to facilitate the
actualization of the intended employment generation in Delta South Senatorial District