In its resolve to practically make tourism one of the mainstays of Nigeria’s economy, the Federal Government has promised to encourage both domestic and foreign investment through a new import tariff regime to boost the development and promotion of tourism in Nigeria. President Muhammadu Buhari made the promise during the official opening of the 61st edition of UNWTO/CAF meeting hosted in Abuja,on Monday, saying that this government has attractive investment incentives for investors in the tourism sector including but notlimited to pioneer status to all major tourism projects. President Buhari, who called on tourists and investors in the tourism sector to consider Nigeria as their second home assured globaldelegates at the meeting of “Minimum tariff on imported tourism equipment, amusement park equipment and materials for the hotelconstruction and furnishing, dedicated transportation for tour operators and equipment for restaurants not manufactured in Nigeria. According to Buhari, “The importance of tourism and its potentials to national economies cannot be over-emphasised. “In our efforts at diversifying the economy through Agriculture, solid minerals development and tourism, we are investing heavily ininfrastructure.

Source: Nigerian Tribune June 04, 2018 19:52 UTC