Transforming Nigeria: Business Education a Panacea for Youth Empowerment and National Development

Abstract

Nigeria’s higher educational institutions have fallen short of expectations, their products (graduates) lack the skills required by the labour market and this trend results in mass graduate unemployment, since they would have assisted them to be self-reliant. This study examines transformation in Nigeria and how business education serves as panacea for youth empowerment and national development. Despite the increasing pace of technological changes in the fields of business and economy generally has rendered the teaching of business skills and the training of skilled manpower ever more challenging. The task of producing skilled human resources development for youth empowerment, productivity and efficiency in society lies with skilled trainers and the quality of the training institutions. The problem posed by this development is the search for graduates and competent business educators with the knowledge and skills needed by employers of labour in business offices, industry and public sector. The implications of the development of a virile higher-level skilled work force for the economy is critically analyze and recommendations are made to relevant beneficiaries.