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Spotlighting the Diverse Opportunities in the Nigerian Hospitality Industry

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By Adeniyi Ogunfowoke

 

The global hospitality industry is a trillion dollar industry. This is because everyone at some point in their lives has been part of contributing to the fastest growing industry in the world – tourism. Whether you’ve stayed in a hotel, hopped on a plane or paid to go on a tourism tour, you have made a contribution to the global hospitality industry.

Understandably, a large chunk of the contributions is being scooped by the so developed nations. The 2018 edition of the UNWTO report reveals the top 10 countries that make the most from tourism. The countries: USA, $299 billion, Spain: $96 billion, France: $86 billion, Thailand: $81 billion, United Kingdom: $72 billion, Italy: $62 billion, Australia: $59 billion, Germany: $57 billion, Macao (China): $51 billion and Japan: $48 billion.

Where is Nigeria?

In monetary terms, the sector contributed approximately N2.3 billion to the GDP as a direct contribution and N6.2 billion as a total contribution to the GDP.  This is according to the Nigeria Hospitality Report published by Jumia’s Hotel and Flight Services.

In Africa, Nigeria is number 4 in terms of earnings from the hospitality according to the UNWTO report. South Africa, Egypt and Morocco hold the first three positions respectively.

This is not surprising as the African Hospitality Report discovered that Africa only received 5% of international arrivals.

Regardless, what is stopping Nigeria from earning the most income from tourism in Africa with all her ‘hospitality goodies’? The answer is because we have not fully explored the diverse and innumerable opportunities in the hospitality industry.

The opportunities in Nigeria’s Hospitality industry

Travel agencies

There is a good number of travel agencies that can serve not only the Nigeria market but also the international market. Indeed, one of the popular travel agencies is Jumia‘s hotel and flight marketplace where you can book hotels, flight and packages at the best available rate.

Tour operators

Nigeria has so many tourism destinations; some are yet to be explored while others are yet to be discovered. In-between, the attractions that have been discovered are barely toured or visited in the past. This is no longer the case. With the emergence of tour businesses like Tour2Nigeria, Irinajo, Social Prefect and TVP adventures, managed by young and vibrant Nigerians, more and more Nigerians are visiting these destinations.

Museums, festivals and other cultural venues

Museums are located in all of Nigeria’s geopolitical zones. Some of them are Badagry Museum (Lagos), Gidan Makama Museum (Kano), National War Museum (Abia) and Slave History Museum (Calabar) among others. These museums have to be repositioned to attract visitors because they can be a source of income for the government. For festivals, the country is blessed with a potpourri of festivals. From the Osun-Osogbo festival in the West to Calabar carnival in the South, Mmanwu & New Yam festival in the East and the Durbar in the North; Nigeria is home to colourful festivals and other cultural valuables.

Concert and theatre venues

The Lagos Commissioner for Tourism, Arts and Culture, Mr Steve Ayorinde, revealed that the tourism sector recorded major success in the last quarter of 2018. The state earned an excess of N50bn in cash transactions, especially in weeks preceding and following the Yuletide season. If you were in Lagos, you would be aware that a lot of concerts were held. If other states in Nigeria can earn as much as what Lagos is earning from the hospitality industry, then the contributions of the sector to the GDP will be doubled.

Other opportunities: conferences and conventions centres, spas and wellness centres, cruise companies, event management, food tourism, medical tourism, religious tourism, theme parks, fitness clubs and sports organizations (such as gyms, golf clubs, and tennis facilities), hotel development and construction and manufacturers and suppliers of hospitality equipment.

To ensure that these opportunities are fully explored so that Nigeria’s hospitality industry will attract both local and international visitors, the government have to be committed to boosting tourism infrastructure and supporting businesses in the sector.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Firms Commit to Boost African Robotics Market

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AfricAI and Micropolis Robotics have signed a multi-year exclusive distribution and deployment agreement, which marks one of the continent’s most significant robotics market entries.

Micropolis AI Robotics is a United Arab Emirates-based robotics manufacturer operating in autonomous systems, while AfricAI is a company building practical, revenue-driven artificial intelligence (AI) systems for African businesses, governments, and global partners operating in emerging markets.

According to the agreement, Micropolis Robotics named AfricAI as its exclusive continental partner, prohibiting direct sales, alternative distributors, and third-party agents from operating in the territory.

The partnership establishes AfricAI as the primary execution, localisation, and go-to-market platform for intelligent robotics in Africa’s industrial, security, logistics, and infrastructure sectors.

AfricAI said this exclusive mandate positions the company as the gateway for advanced autonomous systems entering African markets, ensuring regulatory compliance, local capacity building, and sovereign control over deployment frameworks.

The partnership, according to the two parties, moves beyond software- based AI into the realm of physical AI — intelligent machines capable of operating in complex, real-world African environments.

“This is not a collaboration, it is a market-shaping mandate,” said Fareed Aljawhari, CEO of Micropolis Robotics. “AfricAI now represents the exclusive gateway through which Micropolis technologies enter Africa. Their sovereign AI vision, operational reach, and regulatory fluency make them the only partner capable of executing at a continental scale.

Furthermore, the agreement enables AfricAI to integrate Micropolis’ autonomous robotics systems with AfricAI’s sovereign AI stack, resulting in AI-powered security and surveillance platforms, robotics-enabled logistics and port operations, industrial automation, smart infrastructure, and municipal robotics tailored to African operating conditions.

Initial deployments will commence in security, smart infrastructure, and logistics, with phased expansion across multiple African states as part of AfricAI’s broader continental AI, data, and intelligent infrastructure strategy.

The agreement also includes long-term performance-linked expansion rights, automatic renewals, and a defined localisation framework to support robotics deployment, workforce training, and skills transfer across Africa.

Prince Malik Ado-Ibrahim, executive chairman of AfricAI, said: “Africa does not need imported automation — it needs sovereign, context-aware intelligent systems. This exclusive mandate allows AfricAI to industrialise robotics deployment at scale while retaining control, compliance, and value creation on the continent.”

 


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Subair: LIRS Won’t Raid Accounts – Unless You’ve Lost Every Court Battle

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Lagos State Internal Revenue Service Executive Chairman Ayodele Subair Tuesday demolished online panic over alleged bank account raids, insisting the agency’s “Power of Substitution” targets only hardcore tax dodgers who have exhausted every appeal from tribunals to the Supreme Court over half a decade of disputes.

Subair: LIRS Won't Raid Accounts – Unless You've Lost Every Court Battle

Ayodele Subair

Subair, speaking on Arise TV, shredded viral fears that LIRS would swoop on residents’ savings without warning, clarifying the mechanism under Section 60 of the Nigeria Tax Administration Act 2025 kicks in solely after assessments spark objections, reconciliations, demand notices, and a gruelling courtroom odyssey through High Court, Court of Appeal, and apex rulings.

The LIRS weekend notice had ignited fury by announcing enforcement via third parties – banks, employers, tenants, debtors – to claw back unpaid Personal Income Tax, Capital Gains Tax, Stamp Duties, and Withholding Tax from chronic defaulters holding funds or owing money to them, whether due now or accruing later.

Subair likened the process to a “long timeframe, not less than five years,” where recalcitrant bigwigs who stonewall every step become fair game, with LIRS directing agents like customers or partners to divert payments straight to the taxman in lawful settlement.

Far from arbitrary grabs, the chairman stressed it’s a final resort for “entirely recalcitrant” holdouts who ignore Notice of Refusal to Amend (NORA) and every olive branch, ensuring Lagos coffers snag rightful revenue fuelling the state’s bulging budget without shotgun raids on compliant payers.

As social media buzzes with defiance – “They can’t touch my account!” – Subair’s blueprint spotlights Nigeria’s tax evasion scourge starving subnationals of trillions yearly, with Lagos alone chasing billions in arrears amid federal revenue wars and economic headwinds squeezing the commercial capital’s 25 million souls.

Industry voices nod to the legality but plead for digital dashboards tracking disputes transparently, warning overzealous recovery could spook investors in Africa’s fintech and startup mecca already reeling from naira nosedives and grid glitches.

With LIRS poised to unleash the hammer on vetted violators, Subair’s clarion call aims to separate myth from muscle, bolstering Lagos’ IGR juggernaut that hit N815 billion last year while daring defaulters to test the full judicial gauntlet before crying foul.


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NIGCOMSAT Adopts Government’s Performance System

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Nigerian Communications Satellite (NIGCOMSAT) Ltd, in a strategic move to modernise its operations and foster a results-oriented workforce, has officially adopted the Federal Government’s Performance Management System (PMS).

NIGCOMSAT Adopts Government’s Performance System

The initiative, aimed at driving efficiency and institutionalising accountability, was marked by an intensive staff training program designed to align the agency’s operations with national performance goals and the Presidency’s vision for a digital-first public sector.

According to a statement from Stephen Kwande, the Agency’s acting head of Corporate Affairs, “the transition to PMS is a departure from historical evaluation methods. The new system is designed to provide real-time performance tracking and instill a stronger work ethic across all directorates”.

Welcoming participants, Mrs. Jane Nkechi Egerton-Idehen, managing director/CEO of NIGCOMSAT, represented by Abiodun Attah, executive diirector, Technical Services, described the adoption as “long overdue.

She emphasised that the system is critical for ensuring that NIGCOMSAT contributes effectively to Nigeria’s broader digital economy targets.

In her opening remarks, Mrs. Chinwe Udogu, general manager, Human Resources Management,  expressed NIGCOMSAT’s enthusiasm for the program, urging staff to dedicate themselves fully to the three-day training.

She noted that the exercise was pivotal in repositioning the company to achieve its highest aspirations.

The training consultant, Mrs. Njoku Chioma, said the program is expected to drive culture change, automate work processes, and strengthen institutional performance.

The three-day training, jointly organised by the Office of the Head of Service of the Federation and NIGCOMSAT Management, covers key themes including:

• Overview of the FCSSI25 as an institutional performance-driven Federal Civil/Public Service

• Service culture and workplace attitude in the Nigerian public sector

• Implementation of the Performance Management System in NIGCOMSAT

• Application of Artificial Intelligence tools to enhance performance in the Nigerian public sector

The move comes at a time when NIGCOMSAT is expanding its footprint, with recent initiatives like the 2026 SpaceTech Accelerator Programme and partnerships for grassroots digital skills training.

By strengthening its internal management framework, the agency aims to ensure that its technical advancements in satellite technology are matched by an equally efficient administrative engine.


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