Exploring the Relative Influence of Entrepreneurship Development on Youth Employment Rate in Abuja

Abstract

This research work explores the relative influence of entrepreneurship development on youth employment rate in Abuja, Nigeria. The study employs a robust primary data collection approach by directly interacting with the youth at Computer Village in Abuja. In tandem with primary data collection, secondary data was extensively utilized to provide a historical and contextual backdrop to the study. Results from the findings shows that all the entrepreneurship development factors have a positive impact on youth employment rate in Abuja. However, only youth training (p = 0.000) and technical and vocational education (p = 0.018) exhibit significant impact on youth employment rate in Abuja. In addition, if we have no knowledge of the entrepreneurship development factors and guess that a youth would be employed, we would be 52.2% of the time correct. We can predict with 60% accuracy that with the knowledge of the entrepreneurship development factors a youth would be employed. Youths are 0.749 times as likely to be employed than being unemployed when it has to do with youth empowerment programme, 0.645 times as likely to be employed than being unemployed when it has to do with youth training, 0.832 times as likely to be employed than being unemployed when it has to do with technical and vocational education, and 0.649 times as likely to be employed than being unemployed when it has to do with innovation rate.