Opinion: Consolidating Tourism As A New Economic Frontier, By Fidelis Nwangwu
One of the greatest ills that have plagued the public enterprise of governance in Nigeria has been the lack of a culture that aligns public institutions and government with the entrepreneurial spirit of business managers, who have to create and run efficient systems that deliver effectively on public dividends.
It is a world in which the “new normal” requires thinking without any boxes in place , particularly with the onset of a global economic recession, and its ripple effects in the massive disruptions to the income and survival of nations. Of the then identified 541parastatals, commissions and agencies , the Oronsaye report suggests that the 263 statutory agencies of government should be streamlined to 161, while 52 agencies are merged, 38 reduced and 14 reverted to being departments in ministries.
More than oil as a commodity that was source of over 80 per cent of national revenue, and more than 95 per cent of the foreign exchange earnings for decades, tourism has the ability to match and surpass the volumes of these inflows and create a steady pool of foreign exchange income for Nigeria. The main vehicle for achieving the mission of tourism in Nigeria has been the National Tourism Development Corporation , which the Oronsaye Report – about to be implemented in October – seeks to repurpose with a strong commercial function, making it no longer a recipient of government funding.
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