YOUTH EMPOWERMENT LEVERAGING ON ENTREPRENEURSHIP
BY
RAHEEM SHEFIU
bestraheems@gmail.com: 2348038509401.
CENTRE FOR ENTREPRENEURSHIP
DEVELOPMENT,CED,
YABA
COLLEGE OF TECHNOLOGY, PMB 2011, YABA, LAGOS, NIGERIA.
ABSTRACT
This paper examines youth entrepreneurship as a tool that could be employed and
also deployed for economic empowerment in order to arrest the growing rate of
insecurity occasioned by poverty and unemployment.
A thriving economy would require a greater number
of young people who are willing and able to become entrepreneurs; who can
launch and successfully develop their own commercial or social ventures, and
who will become innovators in the wider organizations in which they work.
Entrepreneurship can unleash the economic potential
of young people and be a source of new jobs and growth, while improving their
economic independence. Young people can no longer expect to find ‘job-for-life’
careers but rather ‘portfolio careers’ (contract employment, freelancing,
periods of self-employment, etc.). Entrepreneurial experience and/or education
help youth develop new skills that can be applied to other challenges in life.
Utilizing the leisure time of the youth and
harnessing their exuberance and raw energy for creative activities is essential.
Simultaneously, but more substantially there is need to provide opportunities
for vocational skill development of the youth and inculcate
self-entrepreneurship in them so as to motivate them towards self-reliance.
This becomes all the more important in the context of shrinking job
opportunities in the existing infrastructure and the need for promoting
entrepreneurship which serves the triple objective of self sustainability,
creating new jobs and thereby supporting economic growth.
Keywords: Entrepreneurship, Youth Empowerment, Job
Creation
And Self-reliance
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