Nigeria Govt Should Diversify  Nation’s Economy – Ajadi

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*Jets out with family to Tanzania on holiday

By; BAYO AKAMO, Ibadan

The gubernatorial candidate of the New Nigeria People’s Party (NNPP) in the last general elections in Ogun state, Ambassador Olufemi Ajadi Oguntoyinbo on Wednesday, called on the government to diversify the nation’s economy.

Ambassador Ajadi made the call while jetting out to Tanzania on a week holiday with his family.

According to him, diversification of the economy, especially the improvement of hospitality and tourism would lead to improved economic growth and development.

“Governments at all levels should explore all the potentials in hospitality and tourism for economic development and growth. It is a multifaceted and multidimensional activity. It is not just about fun, it is business and government should look at the business aspect. It makes more money than most other industries”, he said.

Ambassador Ajadi added, “Saudi Arabia has more oil than Nigeria, yet, it is investing massively on hospitality and  tourism increasing its income net. Also, China there is a place called Old City where their Emperor used to stay; it has now been turned around as a tourism resort yielding huge income”.

“Dubai’s economy depends on hospitality and there is no reason Nigeria cannot explore her potential.I want us to join hands to improve and invest into hospitality and tourism because oil is finishing. Nigeria is rich in tourism sector that can yield good return on investment”.

He maintained further, “Every state should develop its hospitality, tourism and culture, rather than wait for stipend from federal government, they can actually make lots of money from those sectors.

“Every local government area you go in Nigeria, particularly in Ogun State, there is an investible hospitality and tourist potential, they are consumed at source.  Those sites, like hills, historical structures and other natural habitat cannot be moved to other location, putting hospitality office into areas will boost economy of those areas and the local communities will always benefit if the potentials are well tapped.”

He pointed out that, ” it is the only viable alternative to oil and government should place more priority on hospitality, tourism and culture”, adding, ” many countries which Nigeria is even more endowed than are earning immense benefits from hospitality and tourism. Nigeria is so endowed in that sector, looking at the cultural diversity and the natural environment.’’

The NNPP governorship candidate stressed that with the abundance of natural tourist sites in the country, improved infrastructure, security and better corporate image would lead to avalanche of tourists to the country on a consistent basis and massive foreign.

In doing this, Ambassador Ajadi tasked  governments to show more commitment to improving the sector in order to tap inherent benefits, saying hospitality and tourism is a goldmine sector waiting to be tapped and that it is high time the Nigerian government diversified the economy away from crude oil, “

The NNPP standard bearer in Ogun State is billed to visit some historic sites and monuments in Tanzania, like her vast wilderness areas, the plains of Serengeti National Park, a safari mecca populated by the “big five” (elephant, lion, leopard, buffalo, rhino), as well as the Kilimanjaro National Park, home to Africa’s highest mountain. 

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