An appraisal of the economic potential of cultural heritage sites in Okrika Local Government Area, Rivers State
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
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- NGN 5000
Background of the Study
Cultural heritage sites in Okrika represent not only windows into the past but also untapped economic resources. The appraisal of these sites highlights their potential to stimulate local economies through tourism, cultural events, and heritage-driven enterprises. Recent research indicates that investment in the preservation and promotion of cultural landmarks can lead to significant socio-economic benefits, including job creation and infrastructural development (Efe, 2023). Moreover, local stakeholders are increasingly recognizing that sustainable heritage management can foster community pride and economic resilience (Okon, 2024). Studies integrating economic analysis with archaeological data have demonstrated that the valorization of heritage assets enhances regional competitiveness and attracts external investments (Udo, 2025). This study explores the multifaceted economic potential of cultural heritage sites, analyzing how strategic preservation and effective marketing can transform cultural resources into catalysts for development while preserving historical integrity.
Statement of the Problem
Despite the evident economic benefits of cultural heritage tourism, cultural sites in Okrika remain underdeveloped and underutilized. A lack of systematic appraisal, insufficient funding, and inadequate marketing strategies have led to missed opportunities for local economic growth. The disjunction between heritage conservation and economic planning has resulted in limited community benefits and an underexploited tourism potential. This study addresses these issues by evaluating the economic prospects of cultural heritage sites and proposing integrated approaches to stimulate sustainable development (Ekem, 2023).
Objectives of the Study:
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To evaluate the economic potential of cultural heritage sites.
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To analyze the impact of heritage tourism on local economies.
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To recommend strategies for sustainable heritage-driven economic development.
Research Questions:
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What is the current economic potential of cultural heritage sites in Okrika?
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How does heritage tourism impact local economic growth?
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Which strategies can optimize the economic benefits of heritage conservation?
Research Hypotheses:
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Cultural heritage sites significantly contribute to local economic development.
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Effective marketing of heritage assets increases tourism revenue.
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Integrated conservation and economic planning enhance community benefits.
Significance of the Study
This study provides essential insights into the economic viability of cultural heritage sites, informing both policymakers and local entrepreneurs. It highlights how sustainable heritage management can drive economic growth and community development, fostering a balanced approach to conservation and development (Ibekwe, 2024).
Scope and Limitations of the Study:
The study is confined to cultural heritage sites in Okrika Local Government Area, focusing on their economic potential without considering non-cultural economic factors.
Definitions of Terms:
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Cultural Heritage Sites: Places of historical and cultural significance.
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Heritage Tourism: Tourism centered around cultural and historical attractions.
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Economic Potential: The capacity of a resource to generate economic benefits.
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