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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 ...

Dangote Refinery to increase Production Capacity to 1.4m bpd

RostrumNews
The Dangote Petroleum Refinery has announced its plan to increase production output from 650,000 barrels per day (bpd) to 1.4 million bpd.

The President of the Dangote Group, Aliko Dangote, disclosed this at a press conference in Lagos State on Sunday, October 26, 2025.

Dangote said the expansion, when completed, would make the facility the largest refinery in the world, surpassing the Jamnagar Refinery in India.

“We are more than doubling the barrels to 1.4 million from 650,000. The oil magnate said.

“This will make it the largest refinery in the world, surpassing India’s Jamnagar Refinery.

“This expansion is about confidence in Nigeria, in Africa, and in our capacity to shape our own energy future.”

He stated that the move reflects confidence in Nigeria’s future and aligns with President Bola Tinubu’s vision of making the country a global supplier of refined petroleum products.

Dangote, therefore, commended the federal government for its support and for implementing policies that have spurred industrial growth, including Nigeria’s First Policy, Naira-for-Crude Policy, and One-Stop Shop Initiative.

According to him, these policies have revolutionized the downstream sector and encouraged private investment in local refining.

Fred Nwaozor, popularly known as TheMediaAmbassador, is a Nigerian tech expert, author, creative & content writer, media strategist, policy analyst, blogger, public speaker and rights activist. The renowned columnist regularly writes for the Federal Radio Corporation of Nigeria (FRCN), and is the Founder & Convener of Right Thinkers Movement (RITMO), Nigeria. He's a chartered industrial physicist, engineer and IT personnel. As a media guru, he enjoys an active presence in all media segments - including electronic, print & digital - since two decades ago till date. As a full-time researcher and educator, he's a regular contributor and peer reviewer for various internationally-noted engineering journals. As an Automation & Telecommunication engineer, his research interest mainly lies in System Modelling, Internet of Things (IoT), Smart city, Cybersecurity, Wireless networks, and Machine Learning (ML).