The Nation reports that Lagos state Governor Akinwunmi Ambode said yesterday that the prevailing economic recession offers a viable opportunity for the country to harness the potentials of other sectors. He identified tourism as one of the critical sectors that can revitalise the economy.
The governor, who spoke at the commemoration of this year’s edition of the World Tourism Day, at the National Tourism Conference, at the Eko Atlantic City (EAC), Lagos, described the economic realities as a wake-up call for the country to re-order its economic priorities and develop other revenue generating channels, The Nation reports.
He said the conference, which was organised by the Federal Ministry of Information, Culture and Tourism, has become imperative and strategic to enhance the prospects of diversifying the revenue generation sources for the development and growth of the economy.
The Nation reports that, Ambode, who was represented by his deputy, Dr. Oluranti Adebule, noted that some states are blessed with natural tourism sites which could harnessed and developed to generate wealth and create jobs for the people.
He said a recent study by the World Travel and Tourism Council (WTTC) projected that the travel and tourism industry in Nigeria would contribute 1.6 per cent directly to the Gross Domestic product (GDP) of the country by 2024 which represents N1.366 billion and 1,194,000 direct employment.
“The potentials of this sector can only be harnessed if we create the right environment for investment to thrive. We must open up the sector through incentives, attractive policies as well as the provision of world class infrastructure,” the governor said.
Source: The Nation