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EDUCATIONAL QUALIFICATIONS, ENTREPRENEURIAL STIMULATION AND START-UPS IN NIGERIA

EZEMA, MARY EJIEHI and ADEGBUYI, O. A. and Olokoyo, F. O. and OKOH, EMMANUEL EHIMEN (2021) EDUCATIONAL QUALIFICATIONS, ENTREPRENEURIAL STIMULATION AND START-UPS IN NIGERIA. In: INTCESS 2021 8th International Conference on Education and Education of Social Sciences, 18-19 January, 2021, Online.

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Abstract

Continuous increase in unemployment has negatively impacted the lives of Nigerians. The effect of COVID-19 pandemic has made it worse- as many companies/employers keep laying off their staff continuously. If the increasingly high unemployment rate is not urgently reversed, the consequences will be the prevalence of crimes and criminality. Therefore motivating or stimulating people to be entrepreneurial and to set up new businesses is vital for their emancipation and global economic sustainability. Meanwhile, many faith-based organisations (FBOs) in Lagos have been engaging their members with entrepreneurial training programmes to support government moves and in response to their members' economic challenges. The FBOs are driven to partake in members' economic emancipation by promulgating trainings that are impactful to start businesses. However, some factors have been underscored as the motivating influence for the trainees starting businesses. Little is known about the influence of educational qualification in participation of entrepreneurial training and entrepreneurial activities. Hence this study investigates the education qualifications of participants in the entrepreneurial training programmes of selected FBOs towards business start-ups. Out of 643 copies of the questionnaire distributed, 620 copies were retrieved, accounting for 96.4% response rate, which is considered adequate and appropriate for analysis. This study's data were subjected to relevant statistical analysis, including descriptive statistics using SPSS version 25. Frequency distribution and percentage analysis were used to present the educational background of the respondents. Respondents with HND/BSc/BA qualification have the highest participation of 296 which accounts for about 47.6% in the entrepreneurial training programme. This is followed by respondents with OND/NCE qualification with 163 and about 26.4%. Respondents with MSc/MA/MBA qualifications have 88, which is about 14.2%. Respondents with SSCE qualifications' participation was 52 (8.4%). Trainees/graduates should not be discouraged to continue with their higher educations because it gives room for better entrepreneurial awareness that can lead to start-ups.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: educational qualification, entrepreneurial stimulation, Nigeria, start-up, unemployment
Subjects: H Social Sciences > HG Finance
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 25 Nov 2021 11:33
Last Modified: 25 Nov 2021 11:33
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/15514

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