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Dollar Scarcity, Greatest Threat To Nigeria’s Tourism Industry -NTDC

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Dollar Scarcity, Greatest Threat To Nigeria’s Tourism Industry -NTDC

by Judah Bamigboye
August 14, 2022
in News
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Dollar Scarcity, Greatest Threat To Nigeria’s Tourism Industry -NTDC
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The Director General of the Nigeria Tourism Development Corporation (NTDC), Chief Foluronsho Coker, has stated that dollar scarcity remains the biggest threat to Nigeri’s tourism industry.

He disclosed this at a breakfast meeting in Lagos on Saturday.

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“The dollar has ravaged our industry, from aviation fuel, spare parts purchases, hospitality and recreation services, transportation, logistics and the entire national economic architecture.

“This currency has assumed a scarcity presence and snuffing life of the tourism sector,” he said.

Coker, who also spoke on Nigerian festivals, pleaded that the process and engagement should not have political colouration and undertone to avoid polluting the heritage value chain.

“I am going on a road show in the south west to appeal to the traditional rulers to hold on to what is true, enduring and beneficial to the growth of our festivals.

“We should not pollute our local festivals and do not turn festival grounds to political podiums leading to violence,” he said.

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