The ongoing scarcity of the American dollar is the biggest threat to the survival of the tourism industry, it was revealed.
This was disclosed by the Director General of he Nigeria Tourism Development Corporation (NTDC), Chief Foluronsho Coker, at 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.
