Expo unlocks tourism investment with 15,000 exhibitors

The upcoming Expo, set for December 11th-13th, aims to unlock tourism investment in Nigeria with 15,000 exhibitors from various countries. Migbaci Expo CEO Akinwale Alabi emphasized the need for deliberate government investment to revive the country's tourism industry, which could significantly boost the economy.

Alabi highlighted the role of tourism in national development, mentioning its contribution to economic growth, job creation, infrastructure development, and cultural preservation. He pointed out that a thriving tourism sector could attract increased investment in essential infrastructure like airports, railways, roads, hotels, and recreational facilities, leading to job creation and foreign exchange generation.

Alabi stressed the potential of tourism to promote sustainable development and environmentally friendly practices. He also cited examples like Zanzibar, which earns 80% of its foreign exchange from tourism, and Rwanda, which has gained global attention through intentional tourism development efforts.

Alabi called for similar intentional efforts in Nigeria, citing underutilized investments like Tinapa.