YOUTH EMPOWERMENT AND MSMES DEVELOPMENT IN EDO STATE, NIGERIA: CHALLENGES AND POLICY IMPLICATIONS

FELICITY OKPO-OBAJE; ADEYEMI BUSAYO ADEBUSOYE; FOLAYAN ADIO

doi:10.70382/sjmscd.v10i7.057

Authors

FELICITY OKPO-OBAJE Department of Entrepreneurship, Joseph Ayo Babalola University, Ikeji-Arakeji, Osun State, Nigeria. Author https://orcid.org/0009-0003-4898-5363
DR. ADEYEMI BUSAYO ADEBUSOYE Department of Entrepreneurship, Joseph Ayo Babalola University, Ikeji-Arakeji, Osun State, Nigeria Author
PROF. FOLAYAN ADIO Faculty of Management Sciences, Joseph Ayo Babalola University, Ikeji-Arakeji, Osun State, Nigeria Author

DOI:

https://doi.org/10.70382/sjmscd.v10i7.057

Keywords:

Youth Empowerment, MSMEs, Entrepreneurship, Policy, Skills Development, Edo State, Nigeria

Abstract

This study investigates the nexus between youth empowerment and the development of micro, small, and medium enterprises (MSMEs) in Edo State, Nigeria. Using a descriptive survey design, data were collected from 320 youth entrepreneurs across three senatorial districts to assess how access to finance, infrastructure, and skills development influence MSME performance. Descriptive and inferential analyses (including multiple regression) revealed that financial and infrastructural deficiencies significantly constrain operational efficiency and competitiveness, while skills development and training programs enhance enterprise sustainability. The findings indicate that inadequate financing mechanisms, poor infrastructure, and weak entrepreneurial education limit the potential of youth-led enterprises to contribute effectively to local economic growth. The study recommends targeted government interventions in credit accessibility, infrastructural investment, and vocational capacity-building programs to strengthen the MSME ecosystem and reduce youth unemployment. This paper provides empirical insights into policy pathways for inclusive entrepreneurship and sustainable development in Nigeria.