Financial Literacy and Entrepreneurial Intentions Among Polytechnic Students in Northeast Geo-Political Zone of Nigeria

Abstract

This research work was designed to examine the influence of financial literacy on entrepreneurial intent among polytechnic students in Nigeria. A structural questionnaire was employed to collect primary data from sample respondents. The developed research hypotheses were analyzed with aid of simple regression analysis. Results revealed that entrepreneurship education, financial attitude and financial literacy, have positive influence on students entrepreneurial Intent. It was observed that better financial knowledge rises entrepreneurial intent among students. This further suggested that for effective entrepreneurial development they must sound financial literacy. Therefore, it is recommended policy makers should enhance both entrepreneurial education and financial literacy in the Nigerian polytechnics.