Employment Opportunity among Students in Ekiti State University

This chapter presents the analysis of data collected on the entrepreneurship education can be used as a determinant to Employment Opportunity among Students in Ekiti State University.

Analysis of Demographic Information

Table 1: Age of Respondents

Table 1 above reveals the age of the respondents, twelve out of the total respondents representing 9% were between the age-group of 16-20 years old, seventy eight respondents which represents 52% were between ages 20-24 years old, twenty eight respondents representing 19% were between 24-28 years old, while the remaining thirty two which represents 20% were between the age-group of 28 years and above.

Table 2: Gender of Respondents of Employment Opportunity among Students in Ekiti State University

Table 2 revealed the gender of the respondents, sixty seven respondents which represents 49% out of the one hundred percent total respondents were male while the remaining eighty three which equals to 51% were female respondents.

Table 3: Religion

Table 3 revealed the religion of the respondents, eighty five respondents which represents 56% out of the one hundred percent total respondents were Christians, there were forty respondents representing 26% who were Muslims, while the remaining twenty which represents 13% were traditionalists. This result shows that most of the respondents were Christians.

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Table 4: Respondents’ Level

Table 4 above reveals the level of the respondents who served as respondents for the study, twenty out of the respondents which represents 13% were 100 level students, sixty five respondents which representing to 44% were 200 level students, forty four respondents representing 29% were 300 level students while the remaining twenty one respondents which equals 14% were 400 level students. This result shows that majority of the respondents were 200 level students.

4.3       Data Presentation and Analysis of Employment Opportunity among Students in Ekiti State University

Research Question 1: What is the level at which educational institutions and other entrepreneurial training can reduce the rate of unemployment in Nigeria through entrepreneur education?

Table 5: Responses on the level at which educational institutions and other entrepreneurial training can reduce the rate of unemployment in Nigeria through entrepreneur education. 

In table 5, five items were analysed. The first item was rejected with a mean value of 1.36, this is an indication that attending entrepreneurial trainings and relevant institutions does not go a long way to influence the level of engagement in small scale enterprises.  In item 2, the decision was accepted with the mean value of 2.89, this is an indication that skill acquisition centers in Ado Ekiti cannot perform as expected because they are not adequately equipped to do so. In the item 3, the decision was accepted with the mean value of 2.79, this is an indication that practicing small scale entrepreneur should be invited as guest or visiting resource persons at the training centers to impact their practical knowledge and experience to the trainees before any head-way can be made. In the item 4, the decision was rejected with the mean value of 1.97, result shows that most of the small scale entrepreneurs were developed through attending entrepreneur trainings. In item 5, the decision was also rejected with the mean value of 2.04, this is an indication that skill acquisition trainings centers and relevant institutions reduces the rate of unemployment in Nigeria.

Therefore, findings revealed based on the findings as computed using weighted average of 2.21 ((1.36+2.89+2.79+1.97+2.04) ÷ 5) revealed that the level at which educational institutions and other entrepreneurial training can reduce the rate of unemployment in Nigeria through entrepreneur education in Ekiti State University Ado Ekiti through the activities of entrepreneurship is relatively low, this is because there is no economical support, to brace up what have been learnt.

Research Question 2: What is the degree at which the cost of setting up small scale entrepreneur business in Nigeria can hinder entrepreneurship development?

Table 6: Responses on the degree at which the cost of setting up small scale entrepreneur business in Nigeria can hinder entrepreneurship development

In table 6, five items were analysed. The first item was agreed with a mean value of 2.83, this is an indication that many prospective small scale entrepreneurs are often discouraged from venturing into business establishment due to long process of business registration.  In item 2, the decision was accepted with the mean value of 3.00, this is an indication that many small scale entrepreneurs are shut-down mainly because of multiplicity of taxation and other rates and levies. In the item 3, the decision was accepted with the mean value of 2.96, this is an indication that the rate of infrastructural deficit is one of the major reasons that small scale entrepreneur are not being established. In the item 4, the decision was agreed with the mean value of 2.53, result shows that high cost of credit is the most discouraging factor while trying to start up a small scale entrepreneurship concern. In item 5, the decision was also rejected with the mean value of 2.13, this is an indication that Nigerian small scale entrepreneurship environment is very good and as such entrepreneurship can easily develop and expand.

Therefore, findings revealed based on the findings as computed using weighted average of 2.69 ((2.83+3.00+2.96+2.53+2.13) ÷ 5) revealed that the degree at which the cost of setting up small scale entrepreneur business in Nigeria can hinder entrepreneurship development is relatively high, this is as a result of various governmental and economic policies.

Research Question 3: What is the extent in which government incentive on small scale entrepreneur business can influence entrepreneurship development among students in Nigeria?

Table 7: Responses on the extent in which government incentive on small scale entrepreneur business can influence entrepreneurship development among students in Nigeria

In table 7, five items were analysed. The first item was agreed with a mean value of 2.97, this is an indication that institutions of higher learning and other centers where the prospective entrepreneurs are being trained have not been properly structured to impact the trainees by the government.  In item 2, the decision was accepted with the mean value of 3.12, this is an indication that government does not have good intentions to reduce unemployment but the will and commitment to effectively implement the policies of small scale enterprises are grossly lacking. In the item 3, the decision was accepted with the mean value of 4.10 this is an indication that entrepreneurship development in Nigeria can only be achieved by reforming the institutions that train the would-be entrepreneurs to enable them acquire needed skills for managing their small scale entrepreneur. In the item 4, the decision was agreed with the mean value of 2.94, result shows that there is a very low financial assistant rendered by the government to support small scale entrepreneur. In item 5, the decision was also accepted with the mean value of 2.94, this is an indication that Government incentive can be of great influence to the small scale entrepreneur.

Therefore, findings revealed based on the findings as computed using weighted average of 3.21 ((2.97+3.12+4.10 +2.94+2.94) ÷ 5) revealed that the extent in which government incentive on small scale entrepreneur business can influence entrepreneurship development among students in Nigeria is relatively low, this is because of various governmental and economic policies.