Mentorship And Wealth Creation: Analysing The Socio-Economic Impact Of The Igbo Apprenticeship System On Entrepreneurship In Nigeria

Abstract

The Igbo apprenticeship system exemplifies a sustainable, grassroots approach to economic development and poverty alleviation. This model balances mentoring and practical business exposure and efforts at community-driven entrepreneurship. Therefore, this investigation elucidates the nexus between mentorship-and-wealth-creation, and the socio-cultural impacts of the Igbo apprenticeship system on entrepreneurship viability in Nigeria. In adopting a conceptual approach, the study therefore relied on literature data in its inference-making and conclusions. With the findings revealing that a major influence of the Igbo apprenticeship system is not only on entrepreneurship viability but it is also an enhanced form of mentorship and strategy for wealth creation. Thus concluding that that the Igbo apprenticeship system in Nigeria is a unique and effective model for economic empowerment, self-reliance, and poverty alleviation. While as a policy implication, this study offers that it will be beneficial to endear this system to become modernized through structured partnership with government and private sectors, providing legal frameworks, access to funding, and scalability while sustaining the core communal values.