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The Tourism Sector in Nigeria

by Fred Nwaozor The tourism sector in Nigeria is a largely untapped yet highly promising component of the national economy. With her vast landmass, rich cultural diversity, and varied ecosystems, Nigeria possesses the natural and human resources required to build a thriving tourism industry. Tourism, if properly harnessed, can serve as a major source of revenue, employment, and international goodwill for the country. Nigeria’s cultural diversity is one of its greatest tourism assets. With over 250 ethnic groups, each with distinct languages, traditions, festivals, and cuisines, the country offers a wide range of cultural experiences. Traditional festivals such as the Argungu Fishing Festival, Osun-Osogbo Festival, Durbar Festival, and New Yam festivals attract both local and international visitors. The country is also blessed with numerous natural attractions that have strong tourism potential. These include scenic landscapes such as the Obudu Mountain Resort in Cross River ...

Tinubu Appoints Ogunjimi As Nigeria's Acting AGF

President Bola Tinubu has appointed Mr Shamseldeen Babatunde Ogunjimi as the Nigeria’s acting Accountant General of the Federation (AGF).

The Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga announced this in a statement from the State House on Tuesday, December 10, 2024.

Onanuga noted that Ogunjimi’s appointment is effective immediately following the pre-retirement leave of the incumbent AGF, Dr Mrs Oluwatoyin Madein.

After reaching the civil service’s statutory retirement age,Dr. Madein is retiring effective March 7, 2025.

Onanuga stated that Tinubu, in announcing Madein’s successor, ensured a seamless transition in the administration of Nigeria’s treasury and consolidated the implementation of the present administration’s treasury policy reforms.

Tinubu expressed confidence in Ogunjimi, saying: “The Office of the Accountant General of the Federation is pivotal to our nation’s treasury management operations.

“Mr Ogunjimi’s wealth of experience and notable competence will ensure the continued effectiveness of this vital institution as we advance our economic reform agenda.”

Tinubu also commended Madein for her “dedication and selfless service to the nation”.

The statement added: “As a career civil servant and the most senior director in the Office of the Accountant General of the Federation (OAGF), Ogunjimi brings over 30 years of extensive experience in financial management across the public and private sectors.

“He has held significant positions, including Director of Funds at the OAGF and Director of Finance and Accounts at the Ministry of Foreign Affairs.

“A chartered accountant, certified fraud examiner, chartered stockbroker, and chartered security and investment specialist, Ogunjimi’s academic qualifications include a Bachelor of Science (BSc) in Accountancy and a Master’s in Finance and Accounting.”