Poverty and unemployment in Nigeria have remained hydra-headed in spite of many government intervention programmes.

The situation is even worsened yearly as the country’s tertiary institutions turn out graduates, who join the endless search for elusive jobs.

The reality is that every job seeker can no longer be guaranteed a paid job but every citizen is entitled to decent living, which in developed countries, is regarded a as fundamental human right.

The consensus of opinion of experts is that the surest way to guarantee jobs, boost the economy, create wealth and escape from poverty is entrepreneurship.

J.A. Schumpeter, in the book, “The Theory of Economic Development,’’ described entrepreneurship as a process of change, where innovation is the most vital function of the entrepreneur.

He opined that it is a basic requirement for economic development in free enterprise or mixed economy, where innovation is the basis of development.

Mr Reuben Abraham, in a special article for CNN, titled: “Entrepreneurship key to escaping poverty, “said China lifted millions of its citizens out of poverty through entrepreneurship.

“China has pulled approximately 600 million people out of absolute poverty since Deng Xiaoping unleashed market reforms in the late 1970s.

More: https://bah.com.ng/2018/04/09/how-to-move-away-from-poverty/

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