Thursday, 13 August 2015

The impact of entrepreneurial education on poverty eradication and unemployment reduction on senior secondary school 2

CHAPTER ONE
INTRODUCTION
1.1.   Background to the Study
Nigeria is bedeviled with myriad of problems despite her oil wealth that inhibit her development and even threaten her continued existence as a sovereign state. Nigeria’s socio-political and economic circumstances give the significant indication that many of her problems stem from an origin of artificial
colonial construct which lumped together a variety of separate peoples. Fragmentation of the nation is seen as a distinct possibility unless its citizens can be induced to accept a new sense of Nigeria identity involving a commitment to the survival of the present state as a cohesive entity. This would necessitated a number of radical changes, not only in the political and economic structure of the country but also in the psychology of the people. Nigerians have lived through series of administrations under different government in Nigeria and the question still arises, is Nigeria a nation at all? A critical look at what the government calls reform results in personally instituted concept of governance, filling the seats of power with those they believe to be their kin, rather than have professionals in the positions of merit, and a breed of people typified by their integrity of heart, gained in the trainings and qualifications. They have received in the course of service to the nation.
With an increasing number of those who are not gainfully employed or adequately educated in the country. They remain preys as political tools of violence, as it has been seen in the history of violence occurring in the country over a period of time. The country has depended much on oil as its major source of revenue for years. However, the current administration also fails to recognize that the future of the country may very well depend on the economy of its people (the youths), which is possibly the only untapped, ill harnessed most lucrative resources of the country. If it remains this way in the next ten years, putting into consideration the effect of increased poverty, lack of employment, poor educational system, it is unpredictable what the result will be.
The table below shows the statistical data of the rate of unemployment and the population rate from 2006 to 2011 in Nigeria. It is the result of a survey carried out by the National Bureau of statistics and shows that persons aged 0-14 years constituted 39.6%, those aged between 15-64 (the economically active population), constituted 56.3%, while those aged 65years and above constituted 4.2%. Analysis of employment data for the part 5years show that the rate of new entrants into the labour market has not been uniform in the past five years. The rate was on the increase from 2007 to 2009 but declined significantly from 2009 to 2010. The rate increased again from 2010 to 2011. Within the five year period there has been an average of about 1.8 million new entrants into the active labour market per year.
Table 1.1:       Trend of new entrants into the active labour                           from 2007 to 2011.
Nigeria population
2006
2007
2008
2009
2010
2011

140,431
14,925,607
149,563,227
154,349,250
159,288,426
164385,656
Economically Active
78,922,666
81,448,191
84,054,533
86,744,278
89,520,095
92,384,738
Labour force
57,455,701
59,294,283
61,191,700
63,149,835
651,170,629
67,256,090
Employed
50,388,655
51,763,909
52,074,137
50,709,317
51,224,115
51,181,849
Unemployed
7,067,051
7,530,374
9,117,563
12,44,517
13,946,515
16,074,205
Newly unemployed

463,323
1,587,189
3,322,954
1,505,997
2,127,691
Source: National Bureau of statistics
Table 1.2: unemployed rate by Educational level, A

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