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ISSN: 2344 - 102X

ISSN-L: 2344 - 102X



 

Article from Volume 6, Number 3, Year 2018

ENTREPRENEURSHIP DEVELOPMENT AND EMPLOYMENT CREATIONS IN LAGOS STATE - NIGERIA
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Author(s): Stella Toyosi Durowoju
DOI: 10.4316/EJAFB.2018.634
Abstract: Lagos state is the smallest and the most populous with about 22 million inhabitants. Lagos is a metropolitan city and one of the investors preferred destination for profitable business enterprises. That is why Lagos has about 37 million Small and Medium Enterprises in Nigeria (2017). This study looks at how entrepreneurship development will assist to reduce unemployment rates in Lagos State. Survey research design was used, 100 questionnaire copies were administered to registered SMEs owners. 71 valid questionnaire copies were analysed with two research hypotheses tested. Both descriptive and inferential statistics were used for the analysis of data collected. Findings revealed: there is a positive and significant relationship between entrepreneurial training programs and employment creations in Lagos State. Also, there is a significant contribution by government in term of policies for skill acquisition programs and entrepreneurial development in Lagos State. It was recommended that government should recognize the peculiarities of each divisions/local government councils in Lagos and create skill acquisitions towards the specific needs. In addition to government policies on unemployment reduction, Lagos state government should establish more technical colleges and also fund the existing ones in order to provide employment opportunities for graduates and mentoring for intra-preneurial skills in larger organizations.
Keywords: Employment Creation, Entrepreneurship Development, Intrapreneurship, Mentoring, Skills Acquisition.
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