He maintained that a stable tax regime will guarantee long-term investment, saying: “Government must engender a taxation regime that encourages investment in the tourism and hospitality sector. As presently configured, the tax regime in Nigeria does not encourage investment in the sector. It is common knowledge that investment in tourism is a long term one that requires tax regime stability as well as friendly fiscal policies. “To invest in the tourism sector, many factors have to be looked into. I am sure the private sector will be willing to partner with the government to boost tourism in Nigeria if the issue of insecurity is tackled.

Source: The Guardian January 07, 2020 03:11 UTC