Anyone still doubting the manipulative influence of multinationals in the political economy of Third World countries like Nigeria only needs to pay more attention to dispatches from our aviation sector lately. With the nation falling on hard times in the last eighteen months over the steep drop in oil price and the $28b foreign reserve […]
In our series of letters from African journalists, Nigerian novelist and writer Adaobi Tricia Nwaubani considers if Nigerians are getting worse at writing good stories. Last month, the judges of the $100,000 (£65,000) Nigeria Prize for Literature announced that there would be no winner for 2015. Professor Ayo Banjo, chairman of the advisory board for […]
While there is no doubt that Nigeria has always witnessed well-articulated economic and social reforms intended to launch the nation on the path of meaningful development, implementing such reforms or policy frameworks remains a concern for stakeholders and investors. Often times, the gap between intentions and results or expectations and actual performance is always wide […]
Statutorily, tourism started gaining momentum in 1988, when the ruling military government promulgated a decree establishing the Nigeria Tourism Development Corporation (NTDC), and by the year 2000, the Federal Ministry of Culture & Tourism was created; thereby according tourism a priority status in Nigeria’s quest for national economic development. Over the years, the need for […]
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 […]
Following moves by the federal government to establish a national carrier, indications have emerged that the country’s largest carrier, Arik Air, may become the much-needed national carrier. Managing director of the airline, Mr Chris Ndulue, while speaking with a national daily, said that the airline is only awaiting an official declaration naming it the national carrier […]
The Nigerian airspace has witnessed an increased traffic compared to its 2014 statistics, as a total of 11,190 aircraft have passed through the country’s airspace between January and April this year (2015), indicating a growth from 10,291 the same period in 2014. It was gathered that the increase in over-flyers was related to a number […]
A projection by the World Travel and Tourism Council (WTTC) has stated that by 2024, Nigeria’s travel and tourism industry would contribute 1.6 per cent (N1.4 billion) to the nations Gross Domestic Product (GDP). The Council, which stated this in its review of the sector in Nigeria, also projected that travel and tourism industry would […]
The Nigerian Air Traffic Controllers Association, NATCA, on Sunday, August 2, called the attention of Nigeria’s aviation authorities to the lack of back up of its radar facilities in the country’s airspace. It said the lack of back up of such sensitive facility is a time bomb waiting to explode. The Association, in a statement […]
With its sprawling population, agricultural potential and commercial promise, Ibadan could rival Lagos as an economic hub. But there are many challenges to overcome. Ibadan, the city of brown rusty roofs, was once the capital of Western Nigeria. It’s now the capital of Oyo State. It was the driving force of change in the entire […]