ENTREPRENEURIAL SKILLS REQUIRED BY BUSINESS EDUCATION GRADUATES FOR SMALL SCALE BUSINESS OPERATIONS IN AKWA-IBOM STATE
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- NGN 5000
Background to the Study
One of the major challenges facing Nigerian societies in this contemporary era is unemployment. It has grown at alarming rate with attendant negative impact on the economy. The rate of unemployment as estimated by Nkechi, Emeh and Okechukwu (2012) stood at 50 percent of employable population in Nigeria. It is alarming and calls for concerted efforts from government and all well-meaning Nigerians to fight the menace. Accordingly, Akpan (2012) stated that Nigeria as one of the developing countries in the world is now moving to the direction where only individuals with self-sustaining and saleable skills can really survive economically. Owing to this challenge, there is need for individuals to think of ways to become selfreliant and self-employed rather than waiting for white collar jobs. Unemployment is a common trend which every nation strives to eradicate. The government at various times do emphasize the need for its citizens to look inward due to the dwindling economic situation and resultant massive employment of both youths and adults. Education for self-reliant is a potent option which addresses this challenge. Hence, educational policies are formulated to provide relevant knowledge, skills and attitudes necessary for individuals to secure self-paid employment rather than being employed by other persons. Therefore, it is not surprising that the Federal Republic of Nigeria (FRN, 2013) in her National Policy on Education emphasized the acquisition of appropriate skills, abilities and competencies (both mental and physical) to make them self reliant and contribute significantly to the development of the society. Okoro (2015) observed that Nigerian educational policies have been revised from time to time so as to provide knowledge, attitudes and skills necessary for individuals to be self-employed rather than waiting or seeking to be employed by other persons. Ogbonna 2 (2007) observed that one of the vital macro-economic problems of our contemporary society is unemployment. Unemployment exists partly because most products of the Nigeria educational system look for jobs that do not exist instead of creating jobs for themselves and others. To meet the needs of the society, FRN (2013) in her National Policy on Education deemphasized liberal education system for skills development.
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