ENCOURAGING ENTREPRENEURSHIP AS A WAY OF REDUCING UNEMPLOYMENT IN BAYELSA STATE
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- NGN 5000
ABSTRACT
This study examined how encouraging entrepreneurship can serve as a way for the reduction of youth unemployment in Bayelsa State, Nigeria. The main objective of the study is to evaluate how encouraging entrepreneurship can help reduce youth unemployment. The study used primary data generated from five hundred questionnaires administered to self-employed youths that manage their private businesses in Yenagoa, the capital of Bayelsa State, Nigeria. The results reveal that there is a significant relationship between encouraging entrepreneurship and youth unemployment. Therefore, the study recommends that the Federal Government of Nigeria should establish training centres and the necessary equipment where youths can acquire entrepreneurial skills; as well as provide funds in form of loans that youths can easily access to set up businesses.
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