EFFECT OF INFRASTRUCTURE DEVELOPMENT ON THE EXPANSION OF TOURISM BUSINESSES IN AGODI GARDENS IBADAN OYO STATE, NIGERIA

This study investigates how infrastructure development influences the expansion of tourism businesses in Nigeria using several regression analyses on data from 270 respondents. The study found that the security infrastructure positively and significantly influences the increase in tourism, with a co...

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Main Author: Samuel Taiwo OLABOSINDE
Format: Article
Language:English
Published: University of Agricultural Sciences and Veterinary Medicine, Bucharest 2025-01-01
Series:Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
Online Access:https://managementjournal.usamv.ro/pdf/vol.25_1/Art72.pdf
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author Samuel Taiwo OLABOSINDE
author_facet Samuel Taiwo OLABOSINDE
author_sort Samuel Taiwo OLABOSINDE
collection DOAJ
description This study investigates how infrastructure development influences the expansion of tourism businesses in Nigeria using several regression analyses on data from 270 respondents. The study found that the security infrastructure positively and significantly influences the increase in tourism, with a coefficient of 0.496 and a t-value of 5.794 (p = 0.000). The communication infrastructure showed a negative influence with a coefficient of -0.275 and a t-value of -3.309 (p = 0.001). Utility infrastructure equally negatively affected tourism growth with a coefficient of -0. 201 and a t-value of -3.064 (p = 0.002). Furthermore, the study found a negative correlation between utility infrastructure and tourism growth, with a coefficient of -0.110 and a t-value of -2.252 (p = 0.032). The study ends with several suggestions: investing in better security infrastructure to increase safety, modernising communication systems to improve accessibility, addressing utility shortcomings by guaranteeing consistent energy and water supply, and strengthening financial infrastructure by improving credit access and reducing interest rates. These recommendations attempt to fix the infrastructure problems, thereby promoting the expansion of Nigerian travel agencies.
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spelling doaj-art-e0682d7715724bc18c4d34bf2a2674ae2025-08-20T03:20:38ZengUniversity of Agricultural Sciences and Veterinary Medicine, BucharestScientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development2284-79952285-39522025-01-012517137202602EFFECT OF INFRASTRUCTURE DEVELOPMENT ON THE EXPANSION OF TOURISM BUSINESSES IN AGODI GARDENS IBADAN OYO STATE, NIGERIASamuel Taiwo OLABOSINDEThis study investigates how infrastructure development influences the expansion of tourism businesses in Nigeria using several regression analyses on data from 270 respondents. The study found that the security infrastructure positively and significantly influences the increase in tourism, with a coefficient of 0.496 and a t-value of 5.794 (p = 0.000). The communication infrastructure showed a negative influence with a coefficient of -0.275 and a t-value of -3.309 (p = 0.001). Utility infrastructure equally negatively affected tourism growth with a coefficient of -0. 201 and a t-value of -3.064 (p = 0.002). Furthermore, the study found a negative correlation between utility infrastructure and tourism growth, with a coefficient of -0.110 and a t-value of -2.252 (p = 0.032). The study ends with several suggestions: investing in better security infrastructure to increase safety, modernising communication systems to improve accessibility, addressing utility shortcomings by guaranteeing consistent energy and water supply, and strengthening financial infrastructure by improving credit access and reducing interest rates. These recommendations attempt to fix the infrastructure problems, thereby promoting the expansion of Nigerian travel agencies.https://managementjournal.usamv.ro/pdf/vol.25_1/Art72.pdf
spellingShingle Samuel Taiwo OLABOSINDE
EFFECT OF INFRASTRUCTURE DEVELOPMENT ON THE EXPANSION OF TOURISM BUSINESSES IN AGODI GARDENS IBADAN OYO STATE, NIGERIA
Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
title EFFECT OF INFRASTRUCTURE DEVELOPMENT ON THE EXPANSION OF TOURISM BUSINESSES IN AGODI GARDENS IBADAN OYO STATE, NIGERIA
title_full EFFECT OF INFRASTRUCTURE DEVELOPMENT ON THE EXPANSION OF TOURISM BUSINESSES IN AGODI GARDENS IBADAN OYO STATE, NIGERIA
title_fullStr EFFECT OF INFRASTRUCTURE DEVELOPMENT ON THE EXPANSION OF TOURISM BUSINESSES IN AGODI GARDENS IBADAN OYO STATE, NIGERIA
title_full_unstemmed EFFECT OF INFRASTRUCTURE DEVELOPMENT ON THE EXPANSION OF TOURISM BUSINESSES IN AGODI GARDENS IBADAN OYO STATE, NIGERIA
title_short EFFECT OF INFRASTRUCTURE DEVELOPMENT ON THE EXPANSION OF TOURISM BUSINESSES IN AGODI GARDENS IBADAN OYO STATE, NIGERIA
title_sort effect of infrastructure development on the expansion of tourism businesses in agodi gardens ibadan oyo state nigeria
url https://managementjournal.usamv.ro/pdf/vol.25_1/Art72.pdf
work_keys_str_mv AT samueltaiwoolabosinde effectofinfrastructuredevelopmentontheexpansionoftourismbusinessesinagodigardensibadanoyostatenigeria