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Creating Separate Arts, Culture and Tourism Ministry: Fayemi Set The Pace In Ekiti | By Olaoluwa Mimiola
The role of tourism in enhancing inclusive economic growth and development of both advanced and emerging economies cannot be overemphasized. Tourism stimulates economic growth by generating income, employment, investments, exports and it serves as a catalyst for socio-economic development.
In fact, tourism has been included as a target in goals 8, 12 and 14 of the Sustainable Development Goal (SDGs). Despite the increasing and unpredictable shocks from terrorist attacks and political instability, health pandemics and natural disasters, Travel and tourism continued to show it’s resilience in 2016 and accounted for about 30% of total global service exports.
Investment in tourism is particularly important for Nigeria due to dwindling government revenue and economic contraction as a result of the drastic fall in crude oil prices, and with the vision to be rated among the top 20 economies of the world today by 2020. Hence, tourism industry press t’s an alternative source of revenue for the government and job opportunities for the youthful population.
The landscape of Nigerian is, no doubt, dotted with innumerable enviable tourism potentials, both natural and man-made. But, the country could be said to be lagging behind in tourism promotion and development, in spite of the many tourism potentialities, both in material and human resources. This has continued to give stakeholders in the industry serious concerns.
Stakeholders in the industry including the press, have suggested a legal framework and creation of a separate Culture and Tourism Ministry, to improve accelerate development in the Nigerian Tourism industry. As at the time of publishing this piece, Tourism is buried in the Information and Culture Ministry, which Alhaji Lai Mohammed heads.
In the bid to ensure a favourable legal framework for the Nigerian Tourism industry, was the Bill for an Act on the Nigerian Tourism Development Authority (NTDA) Act Cap N137 LFN, 2004 (Repeal and Enactment) Bill, 2017 (AN.429) on Thursday, August 17, 2017, on Conference Hall 022, Senate Building (New Wing), National Assembly complex. The bill successfully passed through three hearings by the Senate, hence the approval of the 8th Legislative arm of government, headed by Senator Bukola Saraki, to sequester the Tourism Ministry.
However, President Muhammadu Buhari conveyed to the Senate his decision to withhold assent to the Nigeria Tourism Development Authority (NTDA), among other 30 bills he rejected in his first term.
In a letter read by the then Senate President, Bukola Saraki, at plenary the President gave reasons for withholding assent to the bill.
Buhari said section 14(d), section 30(2d) of the Nigeria Tourism Development Authority (Repeal and re-enactment) bill contradicts section 4 (1-3) and paragraph 60 (d) of the second schedule of Nigeria’s Constitution.
Section 30 of the bill proposing to levy a tourism fee on all inbound international travellers, a tourism levy on all outbound travellers and a tourism departure contribution fee of 1 per cent per hotel room rate.
“Such a flat fee has been fixed by the authority and a corporate tourism development levy of 1 per cent to be charged on the revenue of banks, telecommunications and other corporate entities. This will be inimical to the growth of the tourism and hospitality industry in Nigeria and constitute an additional burden on the tourism business,” the letter reads.
Director-General, Ekiti State Council for Arts and Culture, Ambassador Wale Ojo-Lanre, prior his appointment, in the one-man campaign to some Media Houses in Ibadan, the Oyo State capital charged President Buhari to create a separate ministry for Culture and Tourism.
The efforts yielded no positive result at the federal level. In fact, no Governor in Nigeria has seen the need for a separate Ministry for Culture and Tourism.
But, Ekiti State Governor, Dr John Kayode Fayemi, on Wednesday, December 11, 2019, took the giant and unprecedented step of creating a separate ministry for Arts, Culture and Tourism.
He made the pronunciation at the opening ceremony of the 2019 edition of the Ekiti State Festival of Arts and Culture (EKIFEST), by upgrading the state’s Council for Arts and Culture to the Ministry of Arts, Culture andTourism.
Fayemi also disclosed the determination of his administration to increase its investment and exploits in the arts and culture sector for the economic prosperity of the state and its citizens.
This singular, bold and laudable act of Governor Fayemi would no doubt speed up the development of Tourism in Ekiti State, boosting the state’s economy, creating wealth for her people and jobs for the youths, and exposing the state to the world for better patronage.
The Nigerian Tourism industry would, no doubt, develope at a faster pace if President Muhammadu Buhari could reason with the rightly-thinking stakeholders in the Tourism industry and borrow a leaf from other countries that are doing well in the industry, and sequester the Tourism Ministry.
Let Governors of another state in the country emulate Governor Fayemi and sequester the Culture and Tourism Ministry for faster and better development of the industry, which will no doubt better than lots of the states and the people therein.
The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.
The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.
Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.
He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.
“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.
Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.
While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.
Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.
He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”
Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.
He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”
The Economic and Financial Crimes Commission (EFCC) has declared Yahaya Bello wanted for an alleged financial crime to the tune of N80.2 billion,” Nigeria’s anti-corruption agency announced.
“Former Kogi State Governor, Yahaya Bello, is wanted by the EFCC for offences relating to economic and financial crimes to the tune of N80.2 Billion,” the EFCC stated in a Thursday evening Facebook post titled ‘Ex-Gov Yahaya Bello Wanted By the EFCC.’
“Anybody with information as to his whereabouts should report immediately to the Commission or the nearest police Station,” the statement continued.
This declaration follows the absence of the chieftain of the ruling All Progressives Congress (APC) from the Federal High Court in Abuja earlier in the day for a suit instituted against him by the EFCC.
Consequently, Justice Emeka Nwite adjourned the suit and called for substituted service and the possible arraignment of Bello for alleged money laundering.
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