This study investigated undergraduates' level of creativity and entrepreneurial Intention as a panacea for youth unemployment. The study used descriptive survey research design. Five hundred students were sampled using stratified and simple random sampling techniques. Data was collected using Students' level of entrepreneurial intention questionnaire and student's level of creativity questionnaire. Analysis was done using descriptive statistics, t-test of significance and Pearson Product Moment Correlation. The results revealed that undergraduates have low entrepreneurial intention and low level of creativity. Creativity was found to have a positive relationship with Entrepreneurial intention. No significant difference was found between undergraduate students' entrepreneurial intention or level of creativity according to gender. The study recommends that undergraduates should be re-orientated on the need to be self-employed instead of seeking white collar jobs. Also, teachers of entrepreneurship should make their courses more practically-oriented.