A tourism expert, Professor Lade Adeyemi, has disclosed that earnings from theme parks would add substantially to Internal Generated Revenues (IGR) and further boost the economy. This, according to him, will lead to a healthy nation that will rub off on national productivity. He said the parks will also enable families to create more time […]
Unbeknownst to many Nigerians, tourism holds huge potentials for reversing the critical issue of unemployment which daily threatens the stability of the country. In 2013, here are the statistics from the World Travel and Tourism Council for direct tourism jobs created in the following African countries - Egypt (1.2 million); South Africa (645,500); Tanzania (402,500); […]
The International Air Transport Association (IATA) on Friday predicted that airlines operating in Nigeria and other African countries would continue to experience weak growth in international passengers' traffic. This is contained in IATA global passenger traffic results for August issued by its Director-General, Mr Tony Tyler. "Adverse economic developments in parts of the continent, including […]
By 2050, India will have overtaken the US as the world’s second largest economy It’s also projected that the gap between the three biggest economies, China, India and the US, and the rest of the world will widen over the next few decades. The UK will no longer be among the top ten economies in […]