ENTREPRENEURIAL SKILL ACQUISITION AS A VERITABLE TOOL FOR SUSTAINABLE NATIONAL DEVELOPMENT

Abstract

The study x-rayed entrepreneurial skill acquisition as a veritable tool for sustainable national development.
The study explained entrepreneurial skill acquisition as a concept, sustainable national development,
benefits of entrepreneurial skill acquisition, challenges and ways forward. There are many entrepreneurial
skills needed by the undergraduate and the youths which will lead to success in job creation, meaningful
education for the youths, provide graduates with enough training and also reduce the high rate of poverty,
insecurity and violence. It was revealed in the course of the study that entrepreneurial skills like
innovativeness, creativity, communication, administrative and others were identified to be needed by youths
for self-employability. It recommended among others that prospective entrepreneurs should ensure that
necessary skills aimed at enhancing their businesses are acquired before venturing into their choice
businesses; there should be a thorough knowledge of the pros and cons of businesses by prospective
entrepreneurs before committing their financial resources and time to the business in order to avoid
business failure and government at all levels should endeavour to promote small scale businesses by setting
policies aimed at providing soft loans to intending investors in order to enhance speedy economic growth
and development.