The Nigerian challenge in tourism lies not in the absence of tourist locations or captivating cultures, but rather in poor infrastructure, insecurity, inadequate funding, corruption, and lack of awareness. Despite having diverse tourist attractions and a large domestic market, Nigeria has the potential to make tourism a main source of earnings. Tourism has proven to be a strong and resilient economic activity, contributing billions of dollars in revenue.
Key findings from this study include tourists loving Cross River due to its serene natural environment and availability of natural parks and festivals. However, evidence suggests that the country has not fully realized the benefits of the tourism sector. Nigeria’s economic size, tourism export revenue, and domestic and world demand for tourism provide substantial future prospects.
One major driver of tourism is international perception, with over 146,000 tourist establishments spread across different states facing negative perceptions such as security and safety concerns, low-quality infrastructure, and undesirable media representation. This lack of marketing strategy may be due to Nigeria’s historical reluctance to promote itself as a tourist destination.
Travel and tourism contributed 3.6 to Nigeria’s GDP in 2021, which is around $16 billion. However, Nigeria’s figures are among the lowest, indicating that tourism has not significantly contributed to the country’s economic development. Factors for this low ranking include low prioritization by the government, poor infrastructural facilities, and insecurity challenges.
The study aims to determine the extent to which political and economic risks have affected the tourism industry and the economy in Nigeria. Over the years, Nigeria has become linked with terrorism, robbery, and kidnappings, which have exacerbated the country’s tourism-related issues.
📹 How Nigeria’s Tourism is contributing to Nigeria’s GDP
How Nigeria’s Tourism is contributing to Nigeria’s GDP. The Nigeria’s Tourism Sector has been growing and putting every …
Why not travel to Nigeria?
Travel to Nigeria is advised due to increased risks of crime, terrorism, civil unrest, kidnapping, and armed gangs. Some areas have increased risk, including Borno, Yobe, Kogi, and northern Adamawa states, Bauchi, Gombe, Kaduna, Kano, Katsina, Sokoto, and Zamfara states, Abia, Anambra, Bayelsa, Delta, Enugu, Imo, and Rivers states. Violent crime, including armed robbery, assault, carjacking, kidnapping, hostage taking, roadside banditry, and rape, is common throughout the country. Kidnappings for ransom often target dual national citizens and U. S. citizens with perceived wealth.
How safe is Nigeria for tourists?
The US State Department has issued a travel advisory for US citizens, urging them to reconsider travel to Nigeria due to the prevalence of criminal activity, terrorism, civil unrest, kidnapping, and the presence of armed gangs. The Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO) recommend that individuals consider receiving vaccinations for Nigeria, including hepatitis A, B, typhoid, cholera, yellow fever, rabies, meningitis, polio, measles, mumps, and rubella (MMR), Tdap, chickenpox, shingles, pneumonia, influenza, and the novel coronavirus disease 2019 (COVID-19).
What are the major obstacles to the development of the Nigeria economy?
Nigeria, Africa’s largest economy, is grappling with economic challenges such as high inflation, foreign exchange rate volatility, low productivity, weak governance, and poor infrastructure. Despite these challenges, Nigeria has significant potential for sustainable and inclusive growth. The COVID-19 pandemic caused a recession in 2020, leading to a 0. 5 growth rate in Q1 2021, below the population growth rate of 2. 6.
The recovery was primarily driven by the non-oil sector, particularly agriculture and telecommunications, while the oil sector contracted by 2. 2. Policy recommendations and strategies are needed to address these issues and ensure Nigeria’s economic stability.
What is the main problem facing tourism?
The phenomenon of over-tourism in popular destinations has the potential to result in a range of adverse consequences, including environmental degradation, a strain on local infrastructure, and a deterioration in the quality of life experienced by residents. The implementation of sustainable tourism practices, the promotion of lesser-known destinations, and the management of visitor flows can effectively address these issues while simultaneously addressing environmental concerns such as carbon emissions and waste generation.
Why do people travel out of Nigeria?
Since the 1980s, Nigerian migration has been a significant issue, driven by factors such as high unemployment, security concerns, infrastructure gaps, and poor governance. Young Nigerians, particularly those affected by the 2020 EndSARS protests, have expressed a desire to leave the country due to the bloodshed. In 2022, 70 out of Nigerians aged 18-35 surveyed by the African Polling Institute reported they would relocate if given the opportunity.
The number of passports issued or renewed almost doubled from one million in 2021 to 1. 9 million in 2022. Education is the primary migration pathway in popular destinations like the UK and Canada, with an increase in Nigerian students and study permits in these countries.
What is the problem of tourism in Nigeria?
Tourism has become a significant economic diversification tool for governments worldwide, fostering economic linkages, creating employment, and providing opportunities. Advanced nations like the USA have seen significant growth, with their tourism industry contributing $2. 9 trillion to their GDP in 2019. Nigeria, however, faces challenges such as poor infrastructure, insecurity, inadequate funding, corruption, and lack of implementation. The country’s dependence on crude oil makes it a significant source of revenue.
This article explores the opportunities and recommendations for sustainable tourism revenue generation in Nigeria, focusing on the country’s dependence on crude oil. The International Journal of Academic Accounting, Finance, and Management Research (IJAAFMR) has over 25 million members and over 160 million publication pages.
What is tourism like in Nigeria?
Nigeria offers a diverse range of tourist attractions, including river and ocean beaches, unique wildlife, tropical forests, waterfalls, and growing cities. Traditional ways of life, rich handicrafts, and a friendly Nigerian population make these attractions attractive to both rich visitors and adventurous travelers. However, many of these attractions are still untapped, with many being enjoyed by only a few outsiders. The lack of modern infrastructure and underdevelopment in some areas pose challenges for potential tourists.
The new administration has been working to address these impediments to tourism, urging both foreign and local investors to invest in Nigeria’s abundant tourism potentials. The country’s richness and diversity of tourism resources, coupled with economic liberalization policies, will provide investment opportunities in various areas.
Why are so many Nigerians leaving Nigeria?
The rising cost of living and depreciation of the naira have made the process of leaving Nigeria more expensive, prompting more people to seek alternative routes. Professionals and university graduates with the necessary skills can secure jobs and visas in the West, while many Nigerians attempt to move abroad without visas, crossing the Sahara Desert or the Mediterranean Sea. This journey, which involves thousands of deaths annually, often leaves those who succeed struggling to find work or decent living conditions.
Does Nigeria attract tourists?
Nigeria’s tourism is primarily focused on events and natural attractions, with tourists spending around US$2. 6 billion in 2015 and a drop to US$1. 5 billion in 2017. Abuja is home to several parks and green areas, including Millennium Park, designed by architect Manfredi Nicoletti and opened by Elizabeth II in 2003. Lifecamp Gwarimpa, near the Minister of the Federal Capital Territory’s residence, features sport facilities like basketball and badminton courts.
City park in wuse 2 offers various outdoor and indoor attractions. Lagos, one of Africa’s largest cities, is gradually becoming a major tourist destination due to re-modernization projects by Governor Raji Babatunde Fashola. The 2009 Eyo carnival, a yearly festival from Iperu Remo, Ogun State, marked a step towards world city status. Currently, Lagos is known for its business-oriented and fast-paced community.
How can Nigeria improve tourism?
The government can address tourism development by taking an active role in the planning and implementation of marketing strategies and, on occasion, extending invitations to travel agents to visit Nigeria through the National Tourism Development Agency (NTDC).
What are the factors that hinder tourism development in Nigeria?
Domestic tourism in Nigeria plays an integral role in the country’s economic development and cultural growth. Nevertheless, obstacles such as the absence of policies, insufficient infrastructure, social, cultural, and financial limitations, and inadequate management impede its expansion. Factors that impede domestic development include inadequate infrastructure, social, cultural, and financial constraints.
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