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Purpose: This study examined the concepts of poverty, youth unemployment and vocational and entrepreneurial skills acquisition. It also identified the various factors responsible for poverty and youth unemployment in Nigeria. It highlighted the rationale for Nigerian youths to acquire vocational and entrepreneurial skills for self-reliance, income generation, wealth creation and employment generation for others.
Theoretical Framework: The aim of vocational and entrepreneurial skills acquisition is to make it practicable in order to drive and deliver the purpose of job creation and poverty alleviation among Nigerian youths. Making it more practicable achieves the driving force to creating economic values and creative business engagements by Nigerians. The focus also provides job opportunities for the teeming Nigerian youths, channels their future to productive activities and turn to make poverty and unemployment to be things of the past if the practicability is achieved through entrepreneurial activities.
Design/Methodology/Approach: The study adopted the mode of conducting literature review and conceptualization of the variables and x-rayed the reasons for poverty and unemployment and deepen how the social problems can be identified and reduced to the barest minimum in Nigeria.
Findings: Our findings revealed there is serious poverty and unemployment in Nigeria. It as well suggest that it is of valuable and useful direction to promote practicable skills acquisition among Nigerian youths and that the curricula of Nigerian educational institutions should be more pragmatic and have built-in-job training programmes that would enable students to acquire relevant practicable vocational and entrepreneurial skills required for self-employment, job and wealth creation and poverty alleviation. While all stakeholders should be actively involved in the funding of vocational and entrepreneurship education.
Research, Practical & Social implications: This study in its focus contributes to a better understanding of the important role being played by entrepreneurial skills acquisition in achieving practicable vocational skills and to develop entrepreneurial attitudes of Nigerian youths that will form the economic growth of the country through their engagements and make them employers of labour through their acquired practicable vocational skills acquisition to better the society. This study also contributes to a better understanding of the causes of the menace which therefore proffers solution to tackling the problem of poverty among Nigerian youths through the provision of a viable, robust, comprehensive and practical-oriented vocational and entrepreneurship education. It also expressed how the collective responsibility of all prominent Nigerians could be keyed-into supporting entrepreneurship programmes in Nigeria in the area of funding of vocational and entrepreneurship education in Nigeria which both Government at Federal, State and Local Government levels and the Non-Govermental Organisations (NGOs).
Originality/value: The added value of this study provides insights on how vocational entrepreneurial skills acquisition programmes can be practicable effective in a way to structure the future of Nigerian youths and citizens for productive economic activities. It is as well sought how poverty and unemployment can be reduced and make citizens focus for economic growth and self-dependence businesses.
