Tourism – A business for everyone!

Published on : Tuesday, November 14, 2017

indexIn July 2015, few months later President Buhari was sworn in, at the invitation of then US President Barack Obama, Buhari went on a trip to Washington D.C. to talk about bilateral cooperation on the economy, corruption, and security of Nigeria.

 

At the Nigerian Embassy, the meet up and greet was organized at his honor. Few attendees were chosen to address the President and offer what they wanted his administration to highlight. Wide array of responses were there, starting from security to abolishing the “state of origin” designation to utilizing sports as key tool for the development of youth. My response even though drawn out was easy and was aimed on international tourism in exchange of Foreign Direct Investments, since dollars earned from tourism typically stay in country and assist in expanding it and can even help in attracting FDI.

 

Close to three years into his administration, a crisis in currency and a crippling recession later. One can make a valid case that a more deliberate aim on international tourism; which the Federation of Tourism Association of Nigeria or FTAN calculates is about a $4Billion deficit might’ve alleviated the economic crisis. However this piece is not entirely about Nigeria’s failure or having a non-existent tourism policy. It is all about the way to grow without it.

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