Kamal Adekunle, Adewunmi

This study investigates the impact of Microfinance and Technical and Vocational Education and Training (TVET) Partnerships on alleviating economic challenges in Nigeria. Amidst the backdrop of persistent economic disparities and high unemployment rates, this research explores the transformative potential of collaborative efforts between Microfinance Institutions (MFIs) and TVET programs. Ex Post Facto research design was adopted; the population of the study is the Nigerian economy. The study employs secondary data gathered form Central Bank of Nigeria Statistical Bulletin. Ordinary Least Square (OLS) method was employed to analyzed data with the aids of E-view 7. Our findings reveal that Microfinance and TVET Partnerships have a substantial and positive influence on economic well-being in Nigeria. Through comprehensive data analysis, we establish that these partnerships enhance employment prospects and income levels among beneficiaries. This translates into tangible poverty reduction and economic empowerment. Moreover, these collaborations stimulate entrepreneurship and bolster small businesses, contributing to economic diversification and reduced reliance on a single economic sector. In conclusion, this research underscores the importance of Microfinance and TVET Partnerships as a potent strategy for addressing Nigeria's economic challenges. While recognizing the partnerships' substantial benefits, the study recommends the need to address issues related to sustainability, equitable access, and program quality. Embracing and expanding these partnerships will be instrumental in advancing economic development and fostering prosperity in Nigeria. Keywords: Economic Challenges, Expenditure, Education, Microfinance, Partnership, TVET 0150