Tourism Entrepreneurial Opportunities for Nigerian Startups: A Conceptual Review
Abstract
This paper reviews the opportunities for Nigerian startups in the field of tourism entrepreneurship. It examines the literature on the topic with an aim of reviewing entrepreneurial opportunities for utilisation by tourism graduates in Nigeria as well as providing a summary of institutions offering tourism and hospitality courses in Nigeria while also highlighting the importance of tourism studies as an entrepreneurial education for national development, self-sufficiency, actualization of prospects for youths in the country. . The review shows that there are many potential opportunities for Nigerian startups in the field of tourism, such as tour guiding, lodging, cottage industries and other allied services. The results suggest that there are broad range of tourism entrepreneurship skills training opportunities available to Nigerian startups, along with access to education, skill acquisition and a mild supportive entrepreneurial ecosystem. However, the results also highlight some of the challenges that Nigerian startups may encounter in the tourism sector, such as a lack of access to business finance, absence of mentorship programs in the sector and the limited availability of financial resources. The findings suggest that there is potential for Nigerian startups to take advantage of tourism entrepreneurship opportunities, as some of the business can be started with little or no capital but with a creative mind and capacity to deliver.
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