ABSTRACT
Not much appears to have been accomplished in Nigeria despite ten years of attempts by successive
governments to address the problem head-on through various programs aimed at reducing poverty and
creating wealth. The rising rate of poverty in Nigeria's North Central region makes this clear. Thus, this study
aimed at examining the effect of entrepreneurship on wealth creation of selected Federal institutions in North
Central, Nigeria. The specific objectives were to: determine the effect of entrepreneurial orientation on job
creation among undergraduate students of Federal institutions in North Central, Nigeria; and to examine how
entrepreneurial knowledgeaffects income generation among undergraduate students of Federal institutions
in North Central, Nigeria. The study employed cross sectional survey design. Structured questionnaire was
used to collect data from the respondents. Four (4) Federal Universities were selected across the North
Central, Nigeria. A sample of 364 University students were selected from a population of 7,102 using Krejcie
and Morgansample size determination formula, and a multi-stage sampling technique. Data collected were
analysed using descriptive statistics and multiple regression analysis at 0.05% significant level. The findings
of the study were that: Entrepreneurial orientation has significant effect on job creation:(Risk Taking) ? =
0.489, t = 13.615, p = 0.002 (Proactiveness) ? = 0.393, t = 0.096, p = 0.000, (Innovativeness) ? = 0.213, t =
0.045, p = 0.003andEntrepreneurial knowledge has a significant effect on income generation:
(Apprenticeship) ? = 0.329, t = 3.166, p = 0.001, (Business Planning Knowledge) ? = 0.291, t = 3.227, p =
0.000, (Self-Motivation) ? = 0.185, t = 1.510, p = 0.000. The study concluded that among undergraduate
students at Federal universities in North Central Nigeria, entrepreneurship creates substantial earnings, jobs,
and investment prospects. Therefore, the study recommended that all levels of government should create a
business-friendly environment that will promote entrepreneurship and that policymakers should not only
implement programs for the practical acquisition of skills but also design them to encourage creativity and
innovation in this period of economic decline.
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