This study centered on values-based business education for empowerment, self-reliance and poverty reduction in Nigeria. The study identified 30 critical values business education students need to possess. 192 questionnaire items were constructed after careful review of literature (Njoku, 2007 and Living Values Education, 2013) and administered them to 170 year I to 4 business education students, College of Education, and 22 lecturers of College of Education, Kwara State University, Malete, Nigeria. All the respondents completed and returned their questionnaire. One research question, "what are the values required by business education students for empowerment, self-reliance and poverty reduction in Nigeria?" was answered using mean and standard deviation. One hypothesis, "Lecturers and students do not differ significantly in their views regarding values required for empowerment, self-reliance and poverty reduction in Nigeria" was tested using t-test statistics. It was found that students need to possess these identified values in order to be empowered for self-reliance, and poverty reduction in Nigeria. It was recommended, among others, that all the identified values be learned along-side business education subjects so that business education graduates will not only imbibe these values but also exhibit those values in real life situations.