ENTREPRENEURIAL INITIATIVES AS A PANACEA FOR YOUTH EMPOWERMENT IN OYO STATE

Abstract: The dexterity with which hunger and poverty have devastated lives and future ambition of youths especially graduates in Nigeria is worrisome. The high rate of unemployment has given rise to snatching of ballot boxes, internet frauds, kidnapping, armed robbery, destitution, prostitution, terrorism, political thuggery, among others. This have led to the need for entrepreneurial initiatives as the permanent cure for extreme hunger and poverty necessitated by unemployment hence economic displacement is one of the external forces that influence the development of entrepreneurship. This study examined the relationship between entrepreneurial initiatives as a panacea for youth empowerment in Oyo State. The target population comprises of all present N-Power candidates stream 1 in Ogbomoso-North Local Government Oyo State. Their population is 455 candidates, the source is gotten from the office of the Ogbomoso-North Local Government Oyo State. The findings revealed entrepreneurial initiative is an antidote to the problem of youth unemployment, poverty and crime reduction in Nigeria. This study concludes that the more entrepreneurial creativities are developed, the more they effectively create employment opportunities for Nigerian graduates. This study recommends that all stakeholders should develop good mindset towards skills development in all concerned aspects of youth capacity to help in improve self-reliance and youth competence for job creation. Keywords: Entrepreneurial Initiatives, Youth Empowerment, Skill Acquisition, Self-Reliance, Youth Employment, Youth Competence. Title: ENTREPRENEURIAL INITIATIVES AS A PANACEA FOR YOUTH EMPOWERMENT IN OYO STATE Author: Oladoke Sunday OLADEJI, Zekeri Abu, Abimbola Oluwasogo ADENIKA, Tolulope Olubukola OYEDIJI, Esther Yemi OTAYOKHE, Wale Thomas AJIBOYE International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Vol. 10, Issue 2, October 2022 - March 2023 Page No: 260-267 Research Publish Journals Website: www.researchpublish.com Published Date: 02-December-2022 DOI: https://doi.org/10.5281/zenodo.7391271 Paper download link (Source) https://www.researchpublish.com/papers/entrepreneurial-initiatives-as-a-panacea-for-youth-empowerment-in-oyo-stateInternational Journal of Management and Commerce Innovations, ISSN 2348-7585 (Online), Research Publish Journals, Website: www.researchpublish.co