Connect with us

Top Stories

NTDC, UNWTO partner on TSA implementation

Published

on

NIGERIAN Tourism Development Corporation (NTDC) and the Technical Mission on UNWTO have expressed readiness to collaborate on the establishment of tourism statistics and tourist account.

This was disclosed when the Technical Mission on UNWTO, led by David McEwen paid the NTDC DG a visit at the Corporation’s headquarters on Monday.

The NTDC boss, Mr. Folorunsho Coker, in his address said interest rate on funds for tourism development and promotion should be a single unit, adding that “said tourism business cannot thrive with double digit interest rate.”

https://iso.keq.mybluehost.me/africas-population-explosion-is-a-ticking-time-bomb-afdb-governors/

Coker further reiterated his Road Map for the Nigerian Tourism, a five-point action plan – acronymic CHIEF (Corporate Governance & Regulations, Human Capital Development, Infrastructural Development, Events and Marketing, and Finance & Investment) – to promote and develop the tourism industry by promoting domestic tourism and encouraging ease of doing business in Nigeria.

While describing the cottage industry as the bedrock of tourism development, Coker underscored the importance of corporate governance and regulations reviews, saying: “The new NTDC law has been passed by the Senate, now awaiting concurrence. When finally concurred, it will allow NTDC to treat tourism as business, do joint ventures (Public Private Partnership), while also enabling the Corporation to behave in a manner like the Tourism Board of Kenya, Gambia and any country that depends on tourism, thereby allowing us to generate good revenue for government, and create wealth for the people.

ALSO READ  Miss SA, Demi-Leigh Nel-Peters emerged Miss Universe

“The corporate governance and regulations that need to be changed are not just at the Federal Government alone. We also need to look at state as well as the local government tourism law, and it must also be passed to the private sector.”

The NTDC boss also emphasized the need for an improved human capital development, which according to him, will speed up the development and promotion of tourism in the country. He added that “human capital development is not limited to the public sector, but it should also be well taken care of in the private sector.

He said the marketing of the tourism events, potentials and assets must be digital.

McEwen, who earlier in his speech commended the efforts of the Coker-led administration at promoting domestic tourism, said the group was ready to collaborate with NTDC on the establishment of tourism statistics and tourism account.

He, however noted that though measuring domestic tourism is quit challenging but his committee would come up with machinery that would ensure a considerably perfect measurement of domestic tourism traffic in the country.

Advertisement
Comments

Politics

Ex- NCC chief, Akande backs Oyo APC with N5m, urges unity ahead of LG poll

Published

on

 

Former Chairman of the Nigerian Communications Commission (NCC), Professor Adeolu Akande, has made a fervent appeal to factions within the All Progressives Congress (APC) in Oyo State to reconcile and unite ahead of the forthcoming local council election.

Addressing party chairmen and chairmanship candidates from the 10 local government areas of Oke Ogun zone, Akande emphasised the critical need for solidarity within the party ranks to secure victory in the elections scheduled for this month.

Highlighting the significance of unity within the party, the former Governor Ajimobi’s aide underscored that Oyo State is inherently an APC stronghold, but internal conflicts hampered the party’s performance in the previous election.

He urged members to set aside their differences and focus on the common goal of delivering a progressive government to the people of the state.

Speaking during the gathering in Otu, headquarters of Itesiwaju Local Government area, Akande stressed the imperative of forgiveness and reconciliation, emphasising that the party’s success hinges on unity. He lauded the efforts of the national leadership in fostering reconciliation, urging members to embrace the spirit of unity.

As a gesture of support, the ex-NCC gaffer provided financial assistance amounting to N500,000 to each of the 10 local government areas to bolster their preparations for the upcoming April 27 election.

ALSO READ  Yoruba ! Stupid people of Nigeria?

The event was attended by APC Chairmen and Chairmanship candidates from the Oke Ogun Zone, alongside 21 former local government chairmen, demonstrating a collective commitment to the party’s success in the forthcoming election.

 

Continue Reading

News

Dangote Slashes Diesel Price Amidst Economic Optimism

Published

on

By

 

Dangote Petroleum Refinery has made headlines by announcing a further reduction in the price of diesel, dropping it from ₦1200 to ₦1000 naira per litre.

The refinery’s decision comes on the heels of its recent supply at a significantly reduced price of ₦1200 per litre, which was introduced three weeks ago, signifying a remarkable 30 per cent decrease from the previous market price of approximately ₦1600 per litre.

This substantial reduction in diesel prices at Dangote Petroleum Refinery is expected to reiterate positively throughout various sectors of the economy, potentially serving as a catalyst in alleviating the persistently high inflation rate in the country.

In a statement last week, Aliko Dangote, Africa’s wealthiest individual and the owner of the refinery, expressed his optimism regarding the potential impact of the price reduction on inflation in Nigeria.

“I believe that we are on the right track. I believe Nigerians have been patient, and I also believe that a lot of goodies will now come through. There’s quite a lot of improvement because if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ₦1900,” he remarked.

As anticipation builds around the implications of this move by Dangote Petroleum Refinery, stakeholders and consumers alike remain hopeful for the positive effects it could bring to the Nigerian economy in the coming months.

ALSO READ  Yoruba ! Stupid people of Nigeria?

Continue Reading

News

Ukrainian Conflict Claims 50,000 Russian Troops

Published

on

By

Officers of the special police force “White Angel” Hennadiy Yudin 47(L) and Dmytro Solovyi 23 (R) walk past destroyed buildings and debris during the evacuation of local residents from the village of Ocheretyne not far from Avdiivka town in the Donetsk region, on April 15, 2024, amid the Russian invasion in Ukraine. (Photo by Anatolii STEPANOV / AFP)

More than 50,000 Russian military personnel have died during the Ukraine conflict, the BBC reported Wednesday, citing its own reporters, independent media group Mediazona and volunteers.

They found that more than 27,300 Russian soldiers died during the second year of the war, a 25-percent increase on the first year.

BBC Russian, Mediazona and volunteers have been counting deaths since February 2022, using open-source information from official reports and the media, as well as using satellite images of Russian cemeteries to estimate the number of new graves.

The figure of more than 50,000 is eight times higher than the official toll acknowledged by Moscow in September 2022. It does not include deaths of militia in Donetsk and Lugansk in eastern Ukraine.

Ukraine said in February that it had lost 31,000 soldiers, but that figure is also likely to be significantly lower than the true toll.

Russian losses spiked in January 2023 as it launched a large-scale offensive in Donetsk and again months later last year during the battle for the city of Bakhmut.

Russian President Vladimir Putin announced a “special military operation” at dawn on February 24, 2022, which has since turned into a bloody and attritional war, isolating Russia from the Western world.

ALSO READ  Thorn-filled journey through Law School, Lagos Campus | By Festus Adedayo

Responding to the report, the Kremlin said it did not disclose any information on military deaths and casualties, which falls under the remit of the defence ministry.

Kremlin spokesman Dmitry Peskov added official secrets laws and those covering what Russia calls its “special military operation” in Ukraine meant it was “absolutely understandable” that the ministry did not release the figures.

 

Continue Reading
Advertisement

Tweets by ‎@megaiconmagg

Subscribe to our Newsletter

* indicates required

MegaIcon Magazine Facebook Page

Advertisement

MEGAICON TV

Trending