Association Wants Tourism Intervention Fund


The Federation of Tourism Association of Nigeria (FTAN) has appealed to the Federal Government to provide an intervention fund to boost the tourism sector.

Mr Tomi Akingbogun, the Deputy President of the association, made the appeal on Tuesday in Abuja, in an interview with The Tide source.

He noted that just like intervention funds stabilised the banking industry, it would do so for the tourism industry and also further strengthen the sector.

“We have asked for intervention funds just like the banks were bailed out, fabric industry and the airlines, the tourism industry needs similar bail out from the government.

“ We need soft loans; government should realise that tourism can reduce the rate of employment and contribute to economic development of the country.

“Tourism can actually replace oil as revenue earner, if properly harnessed by the government; we have favourable weather condition and we have less natural disasters when compared with other countries,” Akingbogun said.

AkingbogunAccording to him, Nigeria is blessed with diverse tourism resources and many natural endowments with great potential for robust development, marketing and promotion.

He stressed the need for the Federal Government to tackle the security challenges as it had adverse impact on the tourism industry.

“Security and tourism work hand in hand, people need to move around the without fear of being attacked,’’ Akingbogun stressed.