TechTV Network TechTV Network
  • About
  • News Categories
    • News
    • Business
    • Tech
    • Entertainment
    • Reviews
    • Personality
    • Breaking
  • Youtube Channel
  • Advertise
  • Titans OF Tech Awards
  • Contact
Search the Site
Popular Searches:
iPhone Artificial Intelligence Smartphones
Recent Posts
The Fastest-Growing Sectors in Nigeria’s Economy in 2025
December 13, 2025
Top 10 Highest-Grossing Movies in Nigeria’s Box Office (2025)
December 12, 2025
Trump Raises Antitrust Concerns Over Netflix–Warner Bros. Merger Deal
December 12, 2025
TechTV Network TechTV Network
  • About
  • News Categories
    • News
    • Business
    • Tech
    • Entertainment
    • Reviews
    • Personality
    • Breaking
  • Youtube Channel
  • Advertise
  • Titans OF Tech Awards
  • Contact
Popular News
Nigeria’s EFCC Warns OPay Over Weak KYC and Fraud Vulnerabilities
December 12, 2025
Africa’s Best-Performing Currencies in November 2025
December 12, 2025
MultiChoice Era Ends on JSE as Canal+ Takeover Finalised After Six Years
December 11, 2025
Follow Us
Subscribe
Home/Entertainment/Dollar Scarcity is a Threat Against Nigerian Tourism- DG NTDC
Entertainment

Dollar Scarcity is a Threat Against Nigerian Tourism- DG NTDC

The Nigeria Tourism Development Corporation (NTDC) says the scarcity of the American dollar has become a worrisome threat to the survival of the tourism industry, related enterprises in Nigeria and...

TechTV Network
August 14, 2022 2 Min Read
6 0

The Nigeria Tourism Development Corporation (NTDC) says the scarcity of the American dollar has become a worrisome threat to the survival of the tourism industry, related enterprises in Nigeria and third world economies.

Chief Folorunsho Coker, Director General, NTDC, said this during a breakfast meeting in Lagos on Saturday.

Coker likened the dollar position, particularly its scarcity as another COVID-19 pandemic, which had affected the fabric of goods and services in Nigeria in recent times.

“The dollar has ravaged our industry, from aviation fuel, spare parts purchases, hospitality and recreation services, transportation, logistics and the entire national economic architecture.

“This currency has assumed a scarcity presence and snuffing life of the tourism sector,” he said.

Coker, who also spoke on Nigerian festivals, pleaded that the process and engagement should not have political colouration and undertone to avoid polluting the heritage value chain.

“I am going on a road show in the south west to appeal to the traditional rulers to hold on to what is true, enduring and beneficial to the growth of our festivals.

“We should not pollute our local festivals and do not turn festival grounds to political podiums leading to violence,” he said.

The NTDC DG who was part of the Osun-Osogbo Festival, which ended on Friday, informed that Nigeria must not lose sight of the unification process which various festivals in the country desired to promote.

He berated the disturbing tribal and religious sing song which was fast eating up the fabrics of national unity and cohesion.

“We grew up in Nigeria not concerned about where anyone comes from, your dialect or those things which irritate relationships.

“We saw ourselves as neighbours, family and friends, so I wonder at the divisions and acrimonies over ethnic and religious sentiments which unfortunately is eroding the fabric of national unity, peace and development,” he said.

Coker commended the Lagos State Government for reintroducing History and Culture studies in its schools, noting that it was a welcome healing process that should remain.

He said this will go a long way in teaching and educating children about the richness of Nigerian cultural tourism history and tradition.

He urged state governments to emulate the intervention to the benefit of the country unification process and cohesion.

“At NTDC, we will help give our people hope and faith in Nigeria, indeed, these are difficult times and people are worried about tomorrow, tourism businesses bleeding. But, we shall preach hope, stand in gap, lift up depressed minds even though we don’t have all the resources.

“We will try to navigate the process, collaborate with industry associations and together, we can win these challenges and return our country to winning ways.

“Nigeria’s image must be salvaged, no controversies about it and we call out all hands on to the rescue efforts,” he said.

 

 

 

NEWS AGENCY OF NIGERIA

Share Article

Previous Post

NNPC Launches App To Monitor Crude Oil Theft in Nigeria

Next Post

The Tech Battle Between the US and China

No Comment! Be the first one.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Top Categories
News News
52 Posts
Tech Tech
1803 Posts
Business Business
421 Posts
Most Viewed
Nothing found!

It looks like nothing was found here!

TechTV Network TechTV Network

Africa’s Voice for Tech and Business Insight.

Recent Posts
The Fastest-Growing Sectors in Nigeria’s Economy in 2025
December 13, 2025
Top 10 Highest-Grossing Movies in Nigeria’s Box Office (2025)
December 12, 2025
Follow Us
Facebook
Twitter
Youtube
Instagram
Stay Informed
© Techtv Network - All Rights Reserved. 2026