1. ENTREPRENEURSHIP AND SKILLS
ACQUISITION
The Route to Sustainable Economic Development in Nigeria

2. The economic fortunes and misfortunes of states and
nations of the world are largely tied to the
entrepreneurial skills and knowledge of their populace

3. Remember this?

4. The Concept of Entrepreneurship
Entrepreneurship is defined as the pursuit of
opportunity, regardless of resources currently
controlled
-Ashmore, 1989

5. The Concept of Entrepreneurship

6. TVET - Technical Vocational Education &
Training (TVET)
 Primary goals of TVET in Nigeria:
• Provide trained manpower in the applied sciences,
technology and business particularly at craft, advanced
craft and technical levels
• Provide the technical knowledge and vocational skills
necessary for agricultural, commercial and economic
development;
• Give training and impart necessary skills to individual who
shall be self-reliant economically.

8. Current Status of TVET In Nigeria
• i. Low quality training
• ii. Inadequate instructor training
• iii. Mismatch between training and labour market
skill demand
• iv. Poor perception of TVET
• v. Discrimination against graduates of technical
schools
• vi. Low enrollment at all levels of technical
education
• vii. Weak monitoring and evaluation
• viii. Inadequate financing

9. Skills Acquisition & Entrepreneurship
Development: The Missing Link
• The missing link in Nigeria’s economic development
is the lack of synergy between entrepreneurship and
skills acquisition

10. The Way Forward

11. • Recruit, mobilize and motivate vocational education
trainers
• Enhance the status and attractiveness of the TVET
• Involve successful entrepreneurs in the program
• Establish strong relationships between the training
institutions and industry
• Introduce sustainable financing scheme for TVET
• Register the TVET programs in the informal sector

12. Thank you!