Unemployment has been a social problem for a long period. It has been blamed for the scourge in the worsening security situation in the country including kidnapping, cybercrime, terrorism, armed robbery and other vices such as prostitution, human trafficking and drug addiction. For this, successive governments have attempted to address the menace of unemployment through the introduction of programmes aimed at providing employment through entrepreneurship. This paper therefore examines the role of the Skill Acquisition and Entrepreneurship Development (SAED) which is a programme under the National Youth Service Corps. The paper adopted content analysis in examining how the SAED programme has helped in providing fresh graduates with entrepreneurial skills. Findings of the research revealed that lack of entrepreneurship skills among graduates especially the youth is responsible for the high rate of poverty and unemployment in Nigeria. It was discovered that the post-camp training of the SAED programme has contributed about 35% business employment for the participants. The paper recommends among others that conscious attention should be given to the post-camp training phase of the SAED scheme and that the NYSC management should collaborate with financial institutions to help in providing grants to the successful and certified participants of the post-camp training.