For any nation to be stable, socially, politically and economically, there must be good empowerment programs for the active population of that particular nation. For instance, population of Nigeria constitutes about 70% of the youths. Thus, all resources should be geared towards improving the lives of all the youths in Nigeria. Unfortunately, enabling environment for many youths to exhibit their potentials and turn these innate entrepreneurial skills for productive use in good business environment has been deformed by series of Nigeria peculiar shortcomings which affect any business. Even, majority of Nigerian youths doing business in their father’s land, especially the vibrant youths and promising entrepreneurs, with business acumen are facing many social and economic problems of yesteryears.