Developing Entrepreneurial Skills and Transforming Challenges into Opportunities in Nigeria

Abstract

The paper considers developing entrepreneurial skills and transforming challenges into business opportunities in Nigeria.Today, the twin challenges of unemployment and poverty are facing graduates of tertiary institutions and professionals owing to the global economic meltdown and economic recessions in most countries including Nigeria. While the government braces up to these challenges through the various programmes and entrepreneurial initiatives, a key solution is the equipping of graduates and professionals with entrepreneurial skills which can make them employable and become employers of labour. Again the paper advocates that besides the possession of entrepreneurial skills, knowledge and hard work, the would- be entrepreneurs must have the right attitude if they are to succeed in transforming challenges into profitable business opportunities. Moreover, the governments and corporate bodies in Nigeria must support by investing in entrepreneurial education in Nigerias.

DOI: 10.5901/jesr.2013.v4n3p289