Tourism, Accommodation And Food Services

TOURISM; AN ESSENTIAL DEVELOPMENT TOOL IN NIGERIA.

The rapid growth of the modern tourism industry which, in 2005 registered approximately 800 million international tourist arrivals worldwide has made the tourism industry one of the most important industries of the world, particularly in economic terms.

Tourism a business activities connected with providing accommodation services and entertainment for people who are visiting a place for pleasure, has been identified as one of the key segment of the Nigerian economy that requires to be harnessed and developed if the vision 20: 2020 of making Nigeria rank amongst the top 20 economies by the year 2020 is to be achieved.

This is no doubt that the country has potential in the different segment of tourism like Eco- Tourism , Cultural Tourism though the incidence of domestic leisure travel may be low, the sheer size of Nigeria’s population means that there is a significant contribution to the demand for tourism services from domestic travel activity.

Some of the tourism site in Nigeria includes Tinapa Business, Leisure and Conference Resort, Yankari Game reserves and other game reserves, Olokola Cultural Resort, Museum scattered in different part of the country, Ogunike Cave, Olumo Rock amongst others.

As part of the drive to achieve development in the sector, the federal government in 2005 launched the Tourism Master Plan for Nigeria with the central issue around the plan being poverty alleviation and generation of employment, physical environmental enhancement and cultural and social issues, including HIV /Aids.

In Nigeria, the potential market segments for development are likely to be leisure (newexperience seekers; Nigeria’s Diaspora; special interest; expatriate community;family holidays), conference and meetings, visiting friends and relatives (VFR),religious sports and other events.

The revenue generated from travel within the country by employees and staff of Federal Government departments and agencies generates a demand for an estimated US$68m/N8.8b of transport and hospitality sectors while Spending by international tourists has a direct impact on the national economy estimated at US$280m/N36b.

Should you require a market research report on the above subject matter, please do contact us.

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365 Campaigner is a complete suite of social collaboration, communication and management tools for your team.

From List building solution to event announcement and CRM, 365 Campaigner provides everything you need to boost sales, step up productivity and manage all day-to-day activities. Tightly integrated.

365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals. Visit www.365campaigner.com for more information.
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At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

Do you require one- on- one consultancy on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}

Mobile Number: +234 {0} 8033782777; + 234 (0) 908 335 7733 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com

CC: foraminiferamarketresearch@yahoo.com

Office Address:

61-65 Egbe- Isolo Road,

Iyana Ejigbo Shopping Arcade,

Block C, Suite 39,

Iyana Ejigbo Bus Stop,

Ejigbo, Lagos.

DEVELOPING HOSTEL ACCOMMODATION IN NIGERIAN UNIVERSITIES; THE OPPORTUNITY.

Nigeria needs to deploy a minimum of N56 trillion in order to meet its housing shortfall which the Federal Mortgage Bank of Nigeria (FMBN) has put at 16 million houses. This short fall is as a result of “regulatory, legal, population growth over the years

This rapid growth also extends to the country’s University system as it doubles every four to five years and probably grows faster than any other country in the world. From a modest enrolment of 3,646 students in 1962/63, the system has a record of student enrolment of 20,889 in 1972/73 increasing to 104,774 in 1982/83. Five years later, in 1987/88, the total enrolments in federal and state universities in Nigeria jumped to 160,767 students. By 1962, the number of universities in Nigeria increased from four (4) to twenty (20) in 1983.

Today, according to the National University Commission of Nigeria (NUC), the number of universities has grown to a hundred and eighteen universities (118), comprising of 36 Federal Universities, 37 State Universities and 45 Private Universities.

As a result of expansion in student population, accommodations for University student in Nigeria has become a bother for both students and parents as almost all the Universities fail to provide accommodation facility for students. The very few accommodations that are being provided are not well maintained and also below standard, thereby exposing students to a frustrated life on campus.

Nigerian University students presently live under a horrible condition on school campus. Their accommodation is known to be terrible bad, insanitary, congested and overcrowded thereby impeding their capability of learning effectively. Some of the very few Universities that provide accommodation do not make enough provision. Rooms that are meant to serve just two students accommodates close to 7 students. Yet such arrangements only provides for just 40% of the students, officially.

It has been claimed that 80% of University students live outside the university campus, thereby exposing them to being victims of shylock landlords and unnecessary exposures to a reckless life.

Although Nigerian government knows the predicaments of these students but the rapid growth in student population and over bloated admissions of students into Universities is one of the causes of the shortage in student accommodation.

From the various findings mentioned above it is obvious that Nigerian government and University authorities cannot single-handedly solve the problem of hostel accommodation in the Nigerian University, which is why the business idea of providing real estate services to Nigerian Federal and State University students will go a long way in solving the accommodation problem of students, parents University authorities and the nation as a whole.

This is obviously a window of opportunity that is worth tapping into.

Universities in the countries are open for public-private partnership agreement that can bring about the construction of hostel facilities on their campus by private individuals and companies.

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365 Campaigner is a complete suite of social collaboration, communication and management tools for your team.

From List building solution to event announcement and CRM, 365 Campaigner provides everything you need to boost sales, step up productivity and manage all day-to-day activities. Tightly integrated.

365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals. Visit www.365campaigner.com for more information.
————————————————————————————————————————————————————–
At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.
Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

Should you require a feasibility report on the subject matter, please do contact us using any of the means below.

Do you require one- on- one consultancy on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number:  +234 {0} 8033782777 ;+ 234 (0) 908 335 7733 {Monday – Saturday; 8 am – 6 pm}
E-Mail Address: enquiries@foramfera.com
CC: foraminiferamarketresearch@yahoo.com

Office Address:
61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suite 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.