Eradicating Unemployment and Poverty through Textile Entrepreneurship for Sustainable Economic Development in Nigeria

Nigeria is a great nation endowed with abundant natural resources and population. These resources however are under-utilized and as a result of this, it has really affected the lives of people negatively, rendering them poorer every day. The unfavourable economic situation has driven many people into the labour market and has made it difficult for them to be employed. This unemployment has affected the unemployed individuals, the society and the economy of the nation and has resulted in abject poverty. High rate of unemployment and poverty level have robbed Nigeria citizens their contributions to economic growth and development. It is against this background that this paper takes a good look at “Eradicating unemployment and poverty through textile entrepreneurship for a sustainable economic development in Nigeria”. The aim of this paper is to discuss how textile entrepreneurship could translate to eradicate unemployment and poverty and encourage a sustainable development. In addition, this paper explains what unemployment and poverty means, their causes and implication. It also highlights entrepreneurship and entrepreneur, enumerates the prospects of textile entrepreneurship, gives some recommendations and concludes by stating that emphasis should be laid on practical aspects of textile entrepreneurship so as to produce productive people who will be self-reliant, creating jobs for themselves and for others and as well contribute immensely to economic development of the Nation