Air Travel and Tourism Contribute 1.7% To GDP.

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World Travel and Tourism Council (WTTC) has estimated that air travel and tourism in Nigeria contributed 1.7 per cent to the country’s Gross Domestic Product (GDP) in 2016.

This figure leaves Nigeria behind African countries like Gambia,Rwanda and South Africa. The input has been described as a measly figure in light of the many opportunities that lie in the country.

The 2017 Annual Economic Reports of the WTTC estimated that air travel and tourism in the country contributed a total of N1.861 billion, which puts Nigeria at 171 position among 185 ranked countries; 180th on the growth rate and 105th on the long term growth rate index.

An expert in the travel industry Mr Gbenga Onitilo said Nigeria are far behind because “we are only focused on selling tickets”.

Mr onitilo speaking at a travel agencies forum, organised by Touchdown Travels Limited in Lagos further said that the industry was full of potentials that had not yet been maximized. He said the business was about creating and selling experiences to clients.

Onitilo said there would be need for new policies by the government that would promote travel and tourism. He also said agencies in the travel business also had a lot of efforts to make in emerging opportunities in Nigeria.

 

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