This research paper was designed to examine the roles of mentorship in the training of Business Education teachers in Nigeria. The concept of mentorship was examined with specific references to other scholarly works in the area. The authors developed a conceptual framework to properly illustrate what mentorship is all about. The framework examined some variables and the two main actors in mentorship were examined. The model equally emphasized the various mentoring strategies which include: traditional one-to-one, team, group, peer and e-mentoring.