| Resumo: | Nigeria is faced with myriad of problems among which are graduate
unemployment, poverty, crime, and other social vices, which are as a result of economic
meltdown or unsustainable development in the country, which needs urgent attention. In
order to overcome this menace, this position paper examines the nature and concept of
entrepreneurship education and its application for graduates of Nigerian universities. The
specific impact of entrepreneurship education on the society for national transformation
among which are the provision of employment opportunities, increase in Gross Domestic
Product (GDP), improved standard of living as well as under-dependency on white collar
job by the universities’ graduates are discussed. The paper comes up with a model of how
public and private partnership can be enhanced through entrepreneurship education in
Nigerian universities towards national transformation. The challenges of entrepreneurship
education which include inadequate trainers or little knowledge of entrepreneurship by
the universities’ lecturers, inadequate fund for the program by the universities
administrators as well as challenges in the area of curriculum development and
implementation were also pointed out and recommendations were made on how such
challenges can be overcome towards the practical realisation of entrepreneurship
education in our higher institutions.
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