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International Journal of Research and Innovation in Social Science (IJRISS) | Volume VI, Issue VII, July 2022 | ISSN 2454–6186

Entrepreneurship Education and Economic Emancipation of Youths in Oyo State, Nigeria, West Africa.

Dr. Aderinsola E. Kayode1,2*; Suleman Yakubu2 and Prof. Fulufhelo G. Netswera1
Faculty of Management Science, Durban University of Technology, South Africa.1
Department of Educational Management, Faculty of Education, University of Ibadan, Nigeria2
*Correspondence author

IJRISS Call for paper

Abstract: The primary aim of every citizen in any nation of the world is to be economically emancipated, as it enables one to be self-reliant rather than depending on parents, guardians or government for survival. However, the majority of Nigerian youths are living in abject poverty compared to their counterparts in developed countries. In an attempt to find a solution to the problem of acute poverty, this study investigated the relationship between entrepreneurship, education and the economic emancipation of youths in the Ibadan Metropolis, Oyo State, Nigeria. A sample of 350 respondents was selected through the purposive sampling technique. Three hypotheses were tested. A self-designed online survey questionnaire titled “Entrepreneurship Education and Economic Emancipation Questionnaire (EEEEQ)” was administered and used for data collection. Pearson Product Moment Correlation (PPMC) and multiple regression analysis were the statistical tools employed for data analysis. The findings revealed a significant relationship between entrepreneurship knowledge and economic emancipation among youths in Ibadan Metropolis, Oyo State, Nigeria (r=0.78, p<0.05). It was also shown that entrepreneurial skills and economic emancipation among youths in Ibadan Metropolis, Oyo State, Nigeria were significantly related (r=0.63, p<0.05). Based on the findings of the study, it was recommended that more emphasis should be given to entrepreneurial skill acquisition and to the adequate provision of learning tools and materials. Government should also make available grants for youth with potential to demonstrate and maximize their acquired entrepreneurial knowledge and skills.

Keywords: Entrepreneurship, entrepreneurship education, economic emancipation.

I.INTRODUCTION

It is the desire of every citizen in any nation of the world to be economically emancipated. This is because economic emancipation, in most cases, comes with the opportunity for education and personal development, having a say in the political affairs of one’s society and having a better understanding of the world around us. Also, it comes with the privilege of a reasonable degree of influence and the ability to provide for the basic needs of oneself and family. It also creates socio-economic status and elevates interaction as well as enabling the making of informed decisions rather than accepting whatever life throws at one. In the opinion of Osuji and Koko (2018), economic emancipation comes with the ability and power to determine one’s own social and political