Abstract:
This study was conducted with the main aim of assessing entrepreneurship development programme as a panacea for youth unemployment in Katsina State, Nigeria. Data were collected using structured questionnaires. About 400 youth entrepreneurs were selected using multi stage cluster area sampling out of which 366 responses were analyzed. Logit regression model was estimated to achieve the stated objective. The study found that, the higher the level of participation in entrepreneurship development programme by youth, the higher the level of employment opportunity for youth in the study area. Similarly, households that are living in the urban areas of Katsina State have more employment opportunities than those living in the rural areas. Also, marital status was found to have a positive impact on the youth employment. The study recommends policies that ensure increase in the level of entrepreneurship development programmes centres and equipping them adequately.
Description:
Entrepreneurship has become an engine of economic growth and serves as most important player in a modern economy; it performs vital functions in the growth and development of any modern economy. Recently, interest in youth entrepreneurship has been fueled due to high level of unemployment amongst youth and serves as a way to foster employment opportunities, it is seen as a channel for the talents of many highly educated youths in areas as information technology, biotechnology and other modern industries. Entrepreneurship is the way toward following up on already unnoticed profit chances to produce an output. The role of entrepreneurship development progamme on economic development remains a subject of continuing debate and discussion globally and in Nigeria particularly.