Contribution of Ecotourism to Financial Sustainability of Old Oyo and Okomu National Parks, Nigeria

Authors

  • Okafor 2Department of Ecotourism and Wildlife Management, Federal University of Technology, Akure, Nigeria.
  • Ogunjinmi Department of Ecotourism and Wildlife Management, Federal University of Technology, Akure, Nigeria.
  • Oladeji Department of Ecotourism and Wildlife Management, Federal University of Technology Akure, Nigeria
  • Abokede, B
  • Azeez

Keywords:

Financial sustainability, income, national parks, tourist, visitation

Abstract

This study was conducted to determine the contribution of ecotourism to financial sustainability of Old Oyo and
Okomu National Parks. Visitation and income data were obtained from the Management of the Parks. Data were
analysed through descriptive statistics. The results revealed that 18,849 tourists comprising 18,515 domestic and
334 international tourists were in Old Oyo National Park from 1997 to 2017 while in Okomu National Park,
11,224 tourists comprising 10,394 domestic and 830 international tourists were in the Park from 2003 to 2017.
The total government budgetary release for Old Oyo National Park from 1997-2017 was N2,556,387,449,.81
($7,099,904.76) while N891,876,478.94 (USD 2,477,063.10) was released for Okomu National Park from 2003 to 2017. In addition, the sum of N13,383,697 (USD 37,170.80) and N10,958,397 (USD 30,434.97) were
generated by Old Oyo and Okomu National Parks respectively from ecotourism. Thus, income from ecotourism was too low to sustain the operations of the Parks.

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Published

2022-03-31

How to Cite

Okafor, O. F., Ogunjinmi, O. A., Oladeji, O. S., Abokede, A. B., & Azeez, A. O. (2022). Contribution of Ecotourism to Financial Sustainability of Old Oyo and Okomu National Parks, Nigeria. NIGERIAN JOURNAL OF WILDLIFE MANAGEMENT, 6(1), 35–44. Retrieved from https://wildlifesocietyng.org/ojs1/index.php/home/article/view/79

Issue

Vol. 6 No. 1 (2022): Nigeria Journal of Wildlife Management

Section

Articles