Connect with us

Business and Economy

Tourism contributes 34% to Nigeria’s GDP; generates 20% employment – NBS

Published

on

Dr. Yemi Kale

The National Bureau of Statistics (NBS) on Tuesday said tourism sector accounted for 34 per cent of GDP and about 20 per cent of the nation’s employment creation in 2017.

Dr Yemi Kale, Statistician-General of the Federation and Chief Executive Officer, NBS, made the disclosure at the 61st United Nations World Tourism Organisation Commission for Africa (UNWTO-CAF), Conference, in Abuja.

ROYAL NEWS reports that the theme of the conference is” Tourism Statistics: A Catalyst for Development.”

Kale said that tourism activities in Nigeria had immense potential and indeed, the sector encompasses and affects several sub-sectors across the nation’s key output sectors.

He said Nigeria was an inspirational destination for visitors, adding that international visitors come to the country to immerse themselves in its landscapes, indigenous culture and experiences and do business.

“ This is our competitive advantage and we need to work together to make the most of it, “ he said.

The statistician also said that tourism activities reinforced cultural pride, the preservation of the nation’s unique heritage and traditions, as well as the conservation of their environment.

According to him, it is because of it far reaching impact on all groups of society, that tourism is mentioned specifically within both the Sustainable Development Goals and the wider Agenda 2030.

“ With respect to the direct impact of tourism on GDP, there are some economic activities that make up what we may call the tourism characteristics sectors.

“ The art, entertainment and recreation, trade, transport, accommodation and food services, administrative, support and other services account for 34 per cent of GDP in 2017 and about 20 per cent of employment.

“ Even though as you know not all of that 34 per cent and 20 per cent GDP and employment contribution will be related directly to tourism activities.

“Nevertheless, this shows you the immense potential of tourism activities in Nigeria, a 500 billion dollars economy with about 70 per cent of that household consumption expenditure, “ he said.

Kale said that tourism had also proved to be a much-needed source of additional income for households particularly within rural regions.

He said that the theme of the conference was very central to the role of tourism statistics in promoting inclusive economic growth and development.

“ It is a testament to the work of the Commission for Africa, and all its members here, that data is rightly recognised as pivotal to the process of building a sustainable tourism sector.

“ For us in Nigeria and at the NBS, we also understand that the direct economic benefits of tourism which reflects the direct internal spending within the country from both residents and non-residents on tourism related activities.

“ Tourism also has indirect and induced effects ranging from job creation, to increased revenue through taxes and foreign exchange, to improved local infrastructure, are far reaching.“

Kale, therefore, said that tourism statistics was more imperative as a tool in tracking development goals, measuring progress, and improving the efficacy of policy interventions.

According to him, tourism statistics is critical in providing the sector with the best foundation to base its decisions on.

He said that the challenges of producing tourism statistics in Nigeria were clear and present.

He added that one such challenge was the high level of informality of the tourism characteristics activities with about 60 per cent of them informal in nature.

He said the poor attitude towards record keeping, inadequate funding and weak coordination among tourism statistics related agencies and business also compounded the problems.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Latest News

news3 hours ago

Bukola Saraki might be on his way to prison – Buhari’s group warns

The Buhari/Osinbajo campaign organisation has warned that Senate president Bukola Saraki might be on his way to prison if he...

news3 hours ago

Redknapp claims both Mourinho, Pogba could leave Manchester United next year

Former Tottenham Hotspur midfielder, Jamie Redknapp, has said the ongoing feud between Paul Pogba and Jose Mourinho, could see them...

news3 hours ago

Osun election: Why Adeleke is leading Oyetola – APC chieftain, Chidike Ukauwa

A former governorship aspirant in Abia State and a stalwart of the All Progressives Congress, APC, Ambassador Chidike Ukauwa, has...

top stories3 hours ago

Saraki Meets With Kwara Guber Aspirants In Ilorin

The Senate President Bukola Saraki has held an important meeting with Governorship aspirants on the platform of the Peoples Democratic...

top stories3 hours ago

Osun rerun: Adeleke can’t win election even with Omisore’s support – APC

The All Progressives Congress, APC, has declared that the Peoples Democratic Party, PDP and its candidate, Ademola Adeleke, would still...

top stories3 hours ago

Buhari under fire for withdrawing Paris Club refund from Benue

The Nigeria Labour Congress, NLC, in Benue State, yesterday expressed shock over the alleged withdrawal of the final tranche of...

Politics4 hours ago

I will construct Bode Saadu-Kaiama-Chikanda roads— Shuaibu Yaman

……. Emir support Kwara North governorship project The Emir of Kaiama, Alhaji Mu’azu Omar, has assured a governorship aspirant on...

news20 hours ago

2019: Olofa endorses Gov Ahmed for Kwara South Senatorial seat

2019: Olofa endorses Gov Ahmed for Kwara South Senatorial seat By Arowona Abdulazeez,Ilorin The Olofa of Offa, Oba Mufutau Gbadamosi...

Metro1 day ago

Why I kidnapped APC chairman’s son – Suspect

A female kidnap suspect, Fatima Muhammed, says she had no regrets abducting the four-year-old son of Bukar Dalori, the Borno...

top stories1 day ago

Kwankwaso warns INEC over Osun rerun, speaks on conspiracy

The lawmaker representing Kano Central Senatorial District and presidential aspirant on the platform of the Peoples Democratic, PDP, Senator Rabi’u...

Advertisement

Trending

Copyright © 2018 Royal News.

%d bloggers like this: