Effect of a-noas training on graduate's micro business sustainability in Ogun State (2014-2018)

Abstract

Nigeria is the biggest economy in Africa with a population of about 2 00, million people. The nation's major source of foreign exchange is crude oil whose exploration, mining, refining and exportation do not involve a significant number of the teeming population. Hence, the Gross Domestic Product (GDP) of the nations does not represent the micro-economic situation of the country. The Structural Adjustment Programme (SAP) of late 1980s as a macroeconomic policy affected the government's capacity to maintain most public corporations leading to an unprecedented massive surge in youth unemployment rate. The National Directorate of Employment (NDE) was established in 1986 to curb the high rate of youth unemployment through a multidimensional approach including the National Open Apprenticeship Scheme training initiatives. This study therefore, investigated the extent at which small businesses established by Advanced Open Apprenticeship Scheme (A-NOAS) graduated in Ogun State have been sustained. The research design used in the study was correlational design, sixty (60) A-NOAS small businesses owners participated through purposive, snowball and simple random sampling techniques. Three research questions were raised and three instruments were used to gather information for this study. Data obtained were analyzed using descriptive statistics and Pearson product moment correlation.