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    43 delegates from 30 British companies complete first trade and investment mission to Nigeria

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    CREATIVE SECTOR: Strong tech-driven growth

    Deejays disown report of Burna Boy’s music ban

    Deejays disown report of Burna Boy’s music ban

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    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    Spotify streams fetch Nigerian artistes N60b in 2025

    Spotify streams fetch Nigerian artistes N60b in 2025

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

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    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

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    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

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    Shell/NNPC, partners, deliver Geosciences Centre of Excellence at University of Lagos

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    Nigeria: FG scales up healthcare access with $150m annual spending on vaccines, N70.6b for primary healthcare expansion

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    HEALTH: Between ambition and reality

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    Nigeria: FG tasks CBPP on vaccination efforts for total eradication of cattle pneumonia

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    Shell/NNPC boost respiratory care in Nigeria with donation of key equipment to LUTH

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    Tinubu, Gov Adeleke  celebrate Shola Oshunkeye, award-winning journalist and publisher at 70

    Tinubu, Gov Adeleke  celebrate Shola Oshunkeye, award-winning journalist and publisher at 70

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    SERAP urges Tinubu to withdraw NBC’s directive targeting broadcasters

    NiRA blames foreign domains for multi-billion naira capital flight

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    NiRA blames foreign domains for multi-billion naira capital flight

    NiRA blames foreign domains for multi-billion naira capital flight

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    MEDIA: Digital platforms reshaping consumption

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    Nigerian Breweries confirms brewers’ return to profitability in 2025

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    Guinness Nigeria credits renewed confidence of investors in long-term prospects for ₦1trn market capitalisation

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    Photo News: Tinubu  inaugurates Opebi-Ojota Link Bridge, Multi-Agency Complex, LAGIS

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    Nigeria: National Assembly plans boost funding for primary healthcare

    Nigeria: National Assembly attains 93 days recess in first quarter with latest adjournment to honour of deceased member

    Edun at a forum

    Wale Edun: A Minister caught in web of strained relationships with Tinubu, other complex mix?

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    Nigeria: IGP approves restructuring of Police Monitoring Unit

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    43 delegates from 30 British companies complete first trade and investment mission to Nigeria

    Sanwo-Olu hails Tunji Disu’s appointment as Acting IGP

    Nigeria: IGP calls for information sharing, unity to foster national security

    Nigerian Army deploys agro-tech to boost food security, inaugurates ultra-modern silos

  • Entertainment
    CREATIVE SECTOR: Strong tech-driven growth

    CREATIVE SECTOR: Strong tech-driven growth

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    Deejays disown report of Burna Boy’s music ban

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    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

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    Spotify streams fetch Nigerian artistes N60b in 2025

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    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

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    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

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    NFVCB hails Funke Akindele on box office success of ‘Behind The Scene’

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu salutes Rema, Burna Boy, Shallipopi, others as Nigeria shines at 9th AFRIMA

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  • Education
    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu makes new appointments in education sector

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: UBEC unlocks over N100b to revitalize foundational learning sector

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    SSANU expresses concern over delays in concluding renegotiation with FG, plans indefinite strike

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  • Health
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    Nigeria: FG scales up healthcare access with $150m annual spending on vaccines, N70.6b for primary healthcare expansion

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    Nigeria: FG tasks CBPP on vaccination efforts for total eradication of cattle pneumonia

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    Tinubu, Gov Adeleke  celebrate Shola Oshunkeye, award-winning journalist and publisher at 70

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    SERAP urges Tinubu to withdraw NBC’s directive targeting broadcasters

    NiRA blames foreign domains for multi-billion naira capital flight

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    NiRA blames foreign domains for multi-billion naira capital flight

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    MEDIA: Digital platforms reshaping consumption

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    Nigerian Air confirms eliminations of terrorists, logistics facilities with airstrikes on Sambisa Forest

    Nigerian Breweries confirms brewers’ return to profitability in 2025

    Nigerian Breweries confirms brewers’ return to profitability in 2025

    Guinness Nigeria credits renewed confidence of investors in long-term prospects for ₦1trn market capitalisation

    Guinness Nigeria credits renewed confidence of investors in long-term prospects for ₦1trn market capitalisation

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    INEC completes 3,441,121 registrations in second phase of CVR

    Photo News: Tinubu  inaugurates Opebi-Ojota Link Bridge, Multi-Agency Complex, LAGIS

    Photo News: Tinubu  inaugurates Opebi-Ojota Link Bridge, Multi-Agency Complex, LAGIS

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    Tinubu condoles with family of ex- Super Eagles player Henry Nwosu who died at 62

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FG identifies tourism as next oil industry

by Worldstage News
February 26, 2020
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Nigeria’s Minister of Information, Culture and Tourism, Alhaji Lai Mohammed, says tourism will be the next oil industry in the country in terms of revenue generation among other benefits.

The minister said this during a working visit to the Director General, Nigeria Tourism Development Corporation, Mr Folorunsho Coker, in Abuja.

He said that the industry had contributed to the country’s Gross Domestic Product (GDP) of 1.24 per cent and would target to increase it.

According to the minister, the nation’s tourism industry is the fastest growing industry that has employed over one million people and has the capacity of employing beyond the number.

Mohammed however charged the NTDC to explore unexplored opportunities in the tourism sector to create more jobs in the society.

The minister who noted that the sector is “grossly untapped”, said the corporation was sitting on a “cake of unexploited potential” and has the capacity to harness, attract and promote the country’s tourism.

“In the nearest future, creative industry will be the next oil of Nigeria because it will always remain fresh so it is very pivotal,” Mohammed said.

He added that NTDC was not just an apex organisation of tourism but the centre and coordinator of tourism sector that promotes and markets Nigerian products locally and globally.

” The beauty of the industry is that it has created a platform and employment for youths.

“Tourism is not just about sight seeing, rather the entire entertainment industry to showcase the world what Nigeria is blessed with.

“The creative industry will be the next oil industry, our film, fashion, music, others will always remain fresh and attract people for visit.

“There are many things that will attract tourists in the country because we are blessed with rich cultural heritage, films and music that have global recognition,” he said.

Mohammed reiterated government commitment in ensuring that solutions would be proffered to the challenges faced by the corporation.

He therefore urged the corporation to harness opportunities in tourism sector in order to take the sector to an enviable height.

Earlier, the director general of the NTDC said that it was imperative for the corporation to have a legal framework to enable it harness tourism potentials.

According to him, the most important discourse with the minister is to seek ways to ensure that legal framework of NTDC is realised.

He added that the ministry and the corporation would work hand in hand to ensure that NTDC laws be resubmitted for review and presidential assent.

Coker disclosed that the corporation was working in partnetship with states, private sector and international bodies to help meet its mandates.

“When we found oil in Nigeria, we needed the framework to bring that oil out of the ground and that is why we have oil exploration today.

“Fortunately, that generated a lot of wealth that is why we had banking revolutions and that is why we have the new generation banks.

“And that brought so much wealth that generated new wealth and that gave birth to another transmission that brought about the telecommunications,” he said.

According to him, “we have a digital framework in the promotion of tourism, information and the sharing of the nation’s culture”.

He said a framework for tourism would move rapidly to do what the GSM did to ‘090’ in terms of telecommunication development.

“We have our brand called ‘tour Nigeria’ and if you watch CNN, you will see ‘Malaysia truely Asia’ and ‘ incredible India’ which we use to tell that Nigerians love Nigerians but don’t know Nigeria and we choose tour Nigeria.

“And we choose a brand tour, Nigeria and soft brand called Nigeria flavours and tour Nigeria, to experience the flavours of Nigeria in terms of films, foods, fashion, Arts, religion, others.

“Nigerian fashion makes a statement any where we go, even our religion is a phenomena that has gone global and we must look at Nigeria even as Nigerians.

“Driving our domestic tourism policy; that is ‘tour Nigeria’ and ‘experiencing flavours of Nigeria’ are two brands that we market in NTDC,” he added.

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