Home Economy Nigeria to Earn N3.63 Billion From Domestic Tourism By End of 2018,...

Nigeria to Earn N3.63 Billion From Domestic Tourism By End of 2018, Hospitality Report Says

83
0
SHARE

Lagos, Nigeria; 11 July 2018:

In what seems like a bright prospect for domestic tourism in Nigeria, the sector is expected to contribute N3.63 billion to the country’s GDP by the end of 2018. The number of international arrivals in the country and employment generated by the sector is expected to grow by 1.5% and 3.4% respectively by end of the year, that is 1.8 million international arrivals and 3.4 million jobs.

Omolara Adagunodo, managing director of Jumia Travel Nigeria stated this while overviewing the content of the 2018 Nigeria hospitality report at a press conference in Lagos.

The report also provided insight on the two main components of domestic travel: leisure and business travel, and both grew at 2.7% and 2.8%, that is 1.98 billion and 1.92 billion contributions respectively to domestic earnings in 2017.

Tourism expert and founder of Akwaaba Travel Market, Ikechi Uko who commended the effort of Jumia Travel in compiling the report said: “the data and figures featured in the report can massively expand the footprint of the Nigeria travel industry and take it to the next level.”

While announcing that Nigeria will soon subscribe to the Tourism Satellite Account (TSA), which is the internationally recognised standard statistical framework for the economic measurement of tourism, Uko urged stakeholders within the sector to support and rely on the data in reports such as Jumia Travel’s.

LEAVE A REPLY

Please enter your comment!
Please enter your name here