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Accepted Paper:
Imu Ahia - the Igbo apprenticeship model as inspiration for youth entrepreneurship development
Obi Peter Onyeigwe
(Youths for PeaceBuildingDev. in Africa)
Paper short abstract:
The Igbo entrepreneurship programme is an approach that offers sustainable economic, business and independent empowerment. Being an an economic tool, the entrepreneurship can be technologically be driven, redefined and be improved for development and better opportunities.
Paper long abstract:
Based on desk reviews, interviews and findings from few countries in Africa, and specifically focusing on Nigeria, the paper identified the success Africa has made and specifically Nigeria using the Igbo Apprenticeship model of job creation. The Nigeria youth investment fund (NYIF) and other efforts towards job creation shows the resourcefulness and how goal oriented the youths have come in supporting job creation and entrepreneurship. Also, observing some of the challenges of this trend, to include, weak government policies and support, bribery and corruption, high interest on loans, weak justice system, partnership and building of employment alliances and coalitions with similar initiatives. The paper prospects optimism for sustainable youth friendly reforms for employment creation for the youth in Nigeria. This paper contributes to the a good number of other resources that has been discussed in this same area. Quality education generally is a pillar of also a pillar towards successful entrepreneurship, this cannot thrown over board, with education of the youths and being combined with entrepreneurship the best results are achieved in the opportunities, employments that Igbo entrepreneurship can bring. Nigeria, the Africa's leading economy, has a population of nearly 200 million people. Globally, it is the 30th largest economy in the world, by GDP volume. However, Nigeria's economy is on fragile oil dependence since the oil boom era, and this is very uncertain and leads to fluctuations in crude oil prices and production at the locally and international level. In 2019, according to (IMF) Nigeria recorded a growth of 2.2%. And it is projected that by 2021, it will improve up to 2.4%, still consequential to the post pandemic universal economic status and recovery conditions.
Youth employment, knowledge and the labour markets; knowledge and society [initiated by Edukans with INCLUDE, ISCTE-IU Lisbon and Advance Afrika (Kampala, Uganda]]
Session 1