Yesterday, Wednesday 19th of May 2021, the Vice president of Nigeria, Professor Yemi Osinbajo, in a speech delivered at the opening ceremony of Marriot's new 250 rooms state-of-the-art hotel in Ikeja Lagos reaffirmed the role of NIHOTOUR in contributing to the development of the Hospitality and Tourism Sectors in Nigeria. The new Lagos Marriott Hotel Ikeja is a magnificent edifice with luxurious settings, owned by Dr Taiwo Afolabi’s SIFAX Group.
The Minister of Aviation, Hadi Sirika, has announced that the new national carrier is expected to commence operation by the first quarter of 2022. Sirika disclosed this on Wednesday while addressing State House correspondents after the Federal Executive Council (FEC) meeting. He explained that the new national carrier is long overdue and the private sector-run airline will be in operation by early 2022, with possibly cheaper rates.
Sterling Bank Nigeria Bank Plc has reiterated its commitment to grow the Nigerian tourism industry in the areas of investment in improved infrastructural development and empowerment of operators in the sector. To this end, the bank has offered to jumpstart the sector with N5 billion in seed funding aimed to trigger a revolution in the sector so that the potentials in the industry can be fully exploited and harnessed for the economic benefits in growth and development of the country.
A new report published jointly by WIPO and the World Tourism Organization (UNWTO) on the value of intellectual property in boosting tourism shows how the IP system creates a favorable ecosystem for innovation, entrepreneurship and investment in the sector.