School Enrollment, Investment in Entrepreneurship Education and Sustainable Poverty Reduction in Nigeria

Joseph Olusegun Adeagbo, Julius Olakunle Adeoti

Abstract


School enrollment produced a significant reductive impact on investment in entrepreneurship and poverty reduction. The purpose of this study is to determine the nature of interactive effect of school enrollment on entrepreneurship and sustainable poverty reduction in Nigeria. The approach adopted for the study is quantitative research with monthly secondary data from 1990-2022, a data set covering 384 data sets sourced from the Nigeria Bureau of Statistics (NBS) and Central Bank of Nigeria (CBN) statistical bulletin. The analysis used by the study is the Auto-regressive distributed lag method which provided the framework for short and long run interactive effect. The results of the study showed that school enrollment interacted with investment in entrepreneurship reduce poverty in the long run. Also, investment in entrepreneurship showed lagged negative effect on poverty reduction. This implies that boosting school enrollment plays a vital role in augmenting the relationship between investment in entrepreneurship and sustainable poverty reduction in Nigeria. Therefore, education policy should be tailored toward enhancing school enrollment in school where pedagogical activities have been fashioned towards skill acquisition so as to promote the growth of entrepreneurial education and sustained reduction of poverty in Nigeria.   

Keywords


Education; School enrollment; Entrepreneurship; Investment; Poverty

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References


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DOI: https://doi.org/10.20527/jee.v6i1.13448

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