Entrepreneurship Education And Economic Sustainability Among Youths In Nigeria: Analytical Review

Ejuchegahi A. Angwaomaodoko

Department of Sociology, Faculty of Social Sciences, Prince Abubakar Audu University, Anyigba, Kogi State - Nigeria

Edime Yunusa

Department of Sociology, Faculty of Social Sciences, Prince Abubakar Audu University, Anyigba, Kogi State - Nigeria

Timothy Abayomi Atoyebi, Ph.D

Department of Sociology, Faculty of Social Sciences, Prince Abubakar Audu University, Anyigba, Kogi State - Nigeria

Keywords: Entrepreneurship Education, Economic Sustainability, Youth Employment, Human Capital Theory, Nigeria, Analytical Review


Abstract

Rising youth unemployment and fragile livelihoods in Nigeria have sustained policy interest in entrepreneurship as a pathway to economic stability, prompting a critical examination of entrepreneurship education and economic sustainability among youths in Nigeria: an analytical review. The paper interrogated how entrepreneurship education shapes entrepreneurial skills and capacities, evaluates its contribution to income generation and employment creation, and examined the constraints limiting sustainable outcomes. The analysis was anchored on Human Capital Theory, which explains how investment in knowledge and skills enhances productive capacity and economic returns. An analytical review methodology was adopted, drawing on recent peer-reviewed studies (2020–2026) and subjecting them to systematic comparison, evaluation, and synthesis in line with the study objectives. The findings showed that entrepreneurship education strengthens competencies such as opportunity recognition, innovation, and business management, thereby improving youths’ readiness for enterprise creation. Evidence further indicated that youth entrepreneurship contributes to income generation and modest employment creation, particularly within micro and small-scale enterprises, including agribusiness and digital ventures. However, the review identified persistent constraints including limited access to finance, infrastructure deficits, weak programme design, and policy inconsistency which restrict the translation of acquired skills into sustainable economic outcomes. The paper concluded that while entrepreneurship education is essential for enhancing youth economic participation, it is insufficient without a supportive ecosystem. It therefore recommended strengthening experiential learning and incubation, improving access to targeted financing, and addressing structural barriers to enable youth enterprises to achieve long-term sustainability.


References

Adegbite, O. O., & Machethe, C. L. (2020). Bridging the financial inclusion gap in small businesses. Development Southern Africa, 37(4), 585–603.

Abdulrahim, H., Gebrail, M., Elhaj, M., & Binsuwadan, J. (2025). Sustainable trends in decent work and economic growth. Sustainability, 17(19), 8798.

Acs, Z. J., Szerb, L., & Lloyd, A. (2021). Global entrepreneurship index 2021. Springer.

Afolabi, M. O., Kareem, F. A., Okubanjo, I. O., Ogunbanjo, O. A., & Aninkan, O. O. (2021). Effect of entrepreneurship education on self-employment initiatives among Nigerian students. Journal of Education and Practice, 12(5), 12–20.

Alzate, P., Mejía-Giraldo, J. F., Jurado, I., Hernandez, S., & Novozhenina, A. (2024). Research perspectives on youth social entrepreneurship. Journal of Innovation and Entrepreneurship, 13, 49.

Amaral, D. T., Nieuwenhuizen, C., & Schachtebeck, C. (2024). Assessing the influence of entrepreneurial education on individual entrepreneurial orientation. Journal of Innovation and Entrepreneurship, 13, 70.

Elsawy, M., & Marwan, Y. (2023). Economic sustainability: Meeting needs without compromising future generations. International Journal of Economics and Finance, 15(10), 23–33.

Igwe, P. A., Nwibo, S. U., & Okechukwu, O. C. (2022). Entrepreneurship education and business start-ups in Nigeria. Education + Training, 64(7), 1–15.

Inegbedion, H. (2022). Entrepreneurial design thinking and business success: Empirical evidence from Nigeria. Problems and Perspectives in Management, 20(2), 186–198.

International Labour Organization. (2022). Global employment trends for youth 2022: Investing in transforming futures for young people. ILO.

Iweh, J. P., Yukongdi, V., & Bhujel, R. C. (2021). An empirical study of entrepreneurship education program in Nigerian public universities. Journal of Entrepreneurship Education, 24(S1), 1–14.

Iwu, C. G., Maziriri, E. T., Sibanda, L., & Makwara, T. (2025). Unpacking entrepreneurship education: Lecturer competency, curriculum, and pedagogy. Administrative Sciences, 15(1), 2.

Jeronen, E. K. (2023). Economic sustainability. In S. Idowu et al. (Eds.), Encyclopedia of Sustainable Management. Springer.

Kahraman, S. (2023). Economic sustainability and development. In S. Idowu et al. (Eds.), Encyclopedia of Sustainable Management. Springer.

Marvel, M. R., Davis, J. L., & Sproul, C. R. (2020). Human capital and entrepreneurship research: A critical review and future directions. Entrepreneurship Theory and Practice, 44(3), 599–626.

Mustapha, N. A., Harun, M. H. M., Ismail, Z., Ishar, N. I. M., & Omar, Z. F. (2024). A framework on sustainable youth employment. International Journal of Research and Innovation in Social Science, 8(3), 1–10.

National Bureau of Statistics. (2023). Nigeria labour force statistics report. NBS.

Neneh, B. N. (2020). Entrepreneurial self-efficacy and entrepreneurial intention. Journal of Entrepreneurship in Emerging Economies, 12(1), 1–20.

Nwankwo, C. A., & Kanyangale, M. (2020). Entrepreneurship education and self-employment in developing countries. Journal of Entrepreneurship Education, 23(4), 1–14.

OECD. (2021). Entrepreneurship education in schools and higher education. OECD Publishing.

Ogundipe, S. E., Kosile, B. A., & Akinlabi, B. H. (2021). Entrepreneurship education and students’ entrepreneurial intentions in Nigeria. The International Journal of Management Education, 19(2), 100–120.

Olanrewaju, A. S. T., Hossain, M. A., Whiteside, N., & Mercieca, P. (2020). Social media and entrepreneurship: A systematic review. Technological Forecasting and Social Change, 150, 119736.

Otache, I., Umar, K., Audu, Y., & Onalo, U. (2021). The effects of entrepreneurship education on students’ entrepreneurial intentions: A longitudinal approach. Education + Training, 63(7–8), 967–991.

Oviawe, J. I. (2020). Entrepreneurship education in Nigeria: Issues, challenges and prospects. Journal of Vocational Education and Training, 72(3), 1–15.

Syed, R. T., Tariq, U., Arnaut, M., & Agrawal, R. (2024). Entrepreneurship educator and development in universities. Journal of Innovation and Entrepreneurship, 13, 66.

Thomas, O. (2022). Entrepreneurship education: Which educational elements influence entrepreneurial intention? Active Learning in Higher Education, 23(3), 263–277.

Tiberius, V., & Weyland, M. (2023). Entrepreneurship education: A bibliometric analysis. Journal of Further and Higher Education, 47(1), 134–149.

Unger, J. M., Rauch, A., Frese, M., & Rosenbusch, N. (2021). Human capital and entrepreneurial success: A meta-analytical review. Journal of Business Venturing, 26(3), 341–358.

World Bank. (2023). Nigeria development update: Seizing the opportunity. World Bank.

Most read articles by the same author(s)