The problem of Engineering education and entrepreneurship in Nigeria cannot be overemphasized. The relationship between engineering and entrepreneurship has been highlighted in this paper, focusing on education and innovative solutions for entrepreneurs to ensure their market success. Also, the problems militating against engineering education in Nigeria has been highlighted and an action plan for need of engineering entrepreneurship articulated for the improvement of engineering education delivery. The practice of engineering profession in Nigeria will be greatly enhanced by the faithful implementation of the proposed action plan and suggestions.