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Showing posts from May, 2021

CRUISING: WASTED WATER BODY, BILLION DOLLAR INCOME LOSS.

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  Cruising to resume soon! Good news? Recently, the cruise ship industry has been the fastest growing segment in the overall tourism worldwide. Cruise industry contributes substantially to local, regional and national economies. The cruise lines also boost global economy supporting around 940 thousand jobs and paying around $40 billion in wages worldwide. In 2019, the cruise industry generated a total of $55.5 billion in economic activity in the United States, a 5.3% increase from 2018. Moreover, growth in economic activity was accompanied by an increase in industry-supported jobs. For Nigerian tourism and economy , resumption of cruise simply means more skew in the 'inbalance' of trade. We have the Atlantic ocean surrounding us, but no cruise ship ever comes here, and there is a West African Cruise of some sort. The Carribean economies revolve around cruising and tourism- every...

NIGERIAN TOURISM: ADMINISTERING FUND TRANSFUSION

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  NIGERIAN TOURISM:   ADMINISTERING  FUND TRANSFUSION  By Hafees Keshinro For the Nigerian local tourism scene, it has been said over again that Covid 19 is a huge blessing. Some Nigerian destinations suddenly gain tractions, and became a fad. We had a jamboree, and it was a great time for local tourism. Our eyes suddenly became opened to unbelievable places within, and we all wowed, and accepted that our tourism is not as bad as we think. Not many of them are world class standard, but we agreed we can derive great experience, and certainly can do some destinations as they are. It was a mixed emotion to see the Nigerian travelling population trapped within, the urge for travel or escapism was palpitating, and they are left with no choice but to go local. Long and short, our ‘abroad people’ enjoyed local tourism and even gave some praises. Indeed, everyone after the lock down needed a tourism therapy, and there was a rush. For the first time our resorts were f...