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Economy: in Nigeria, Lai Mohammed urges investment in tourism

19/01/2026
Source : ORISHAS FINANCE
Categories: Economy/Forex

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The former Minister of Information and Culture, Alhaji Lai Mohammed urges federal and state governments to do tourism a priority and to strengthen partnerships with the private sector. This call was launched during an interactive session organized as part of the event “Experience Olumo: Celebrating Heritage, Inspiring Tourism”, which was held at the Olumo Rock Tourism Complex in Abeokuta.

The former minister indicated that festivals cultural and infrastructure needs in Nigeria are drivers essential for stimulating growth. He described tourism as a source. viable alternative income, capable of making a significant contribution to national development if it is properly exploited. He emphasized the need for a favourable environment and incentives to attract private investments in tourism and creative industries.

According to Mohammed, the growth of tourism in Nigeria depends heavily on infrastructure. For him, the country is missing basic tourist infrastructure, in particular event centers specially designed to host major international events.

The former minister said that Nigeria should take advantage of its culture and festivals to develop tourism, emphasizing that it has a unique cultural asset despite a limited number of natural attractions.

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