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Association urges Statistics Bureau to capture tourism’s contribution to GDP in its reports

The Federation of Tourism Association of Nigeria (FTAN), has urged National Bureau of Statistics to capture tourism contributions to the economy in its reports.

Mr Ayo Olumoko, the Deputy President of the association told the News Agency of Nigeria (NAN) in Lagos that the bureau had not been fair to the sector.

“The tourism sector contributes not less than 12 per cent to the nation’s Gross Domestic Product (GDP). Its contributions to government revenues is also huge, the sector is the second largest in the world. It is the second employer of labour, the potential in the industry is enormous,” he said.

Olumoko said that the reports from the bureau did not tally with the contributions of the sector to the economy.

According to him, revenue from the sector is lumped into commerce, trade and industry sectors in the various reports issued by the bureau. The deputy president appealed to the government to plough back revenue generated from the industry into the development of the tourism sector, for it to thrive in the country. He said travel agencies, hotel and tour operators, tourism practitioners, airlines and event planners have huge potentials to add more value to national economy.


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