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Nigeria grants tax exemption to tourism investors

Nigeria
Nigeria
Written by Alain St.Ange

Nigeria has granted a 3-year tax exemption and export incentives to intending tourism investors. The Minister of Information and Culture, Alhaji Lai Mohammed, said on Wednesday at the fourth edition of the Tourism Investors Forum and Exhibition (NTIFE).

Mohammed, who was represented by the Permanent Secretary, Mrs Grace Isu-Gekpe, said the incentives would ensure that the sector met the country’s development expectations in line with the National Tourism policy of Nigeria and existing fiscal incentive regime for investment.

“The government, in its efforts at ensuring that tourism meets the country’s development expectations, has provided some actual and potentials incentives. “Tax exemption for up to three years, export incentives, land at concessionary rate, import/export incentives and work permit to foreigners with specialized skill among others,” Mohammed said.

The minister stressed the role the sector played in improving the economy through harnessing the vast potentials in it, which he said would serve as a catalyst for diversifying the nation’s economy and job creation. He said that “programs and policies to fully harness the country’s vast tourism potentials over the next one and half decades are anchored in the National Tourism Development Master Plan.”

According to him, the lack of accurate statistics on arrivals and receptions, were major challenges confronting the tourism sector, hence the ministry with the support of the United Nations World Tourism Organisations (UNWTO) would implement a Tourism Master Plan.

He explained that the UNWTO, as a follow-up to it, sought the support of some donor agencies to assist Nigeria with funds for the execution of the project on the strengthening of National Tourism Statistical System and the Development of a Tourism Satellite Account (TSA).

“In furtherance to that, the ministry is finalizing plans to inaugurate the Core team/a National Consultative Forum that will work on the recommendations of the UNWTO post technical mission project document.” Mohammed therefore stressed the need for a public-private partnership to develop tourists’ attractions and the sector, particularly in areas that have been mapped out in the Tourism Master Plan for the development of the country.
(NAN)

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About the author

Alain St.Ange

Alain St Ange has been working in the tourism business since 2009. He was appointed as the Director of Marketing for Seychelles by President and Minister of Tourism James Michel.

He was appointed as the Director of Marketing for Seychelles by President and Minister of Tourism James Michel. After one year of

After one year of service, he was promoted to the position of CEO of the Seychelles Tourism Board.

In 2012 the Indian Ocean Vanilla Islands regional Organization was formed and St Ange was appointed as the first president of the organization.

In a 2012 cabinet re-shuffle, St Ange was appointed as Minister of Tourism and Culture which he resigned on 28 December 2016 in order to pursue a candidacy as Secretary General of the World Tourism Organisation.

At the UNWTO General Assembly in Chengdu in China, a person who was being sought after for the “Speakers Circuit” for tourism and sustainable development was Alain St.Ange.

St.Ange is the former Seychelles Minister of Tourism, Civil Aviation, Ports and Marine who left office in December last year to run for the position of Secretary General of the UNWTO. When his candidature or document of endorsement was withdrawn by his country just a day before the elections in Madrid, Alain St.Ange showed his greatness as a speaker when he addressed the UNWTO gathering with grace, passion, and style.

His moving speech was recorded as the one on the best marking speeches at this UN international body.

African countries often remember his Uganda address for the East Africa Tourism Platform when he was a guest of honor.

As former Tourism Minister, St.Ange was a regular and popular speaker and was often seen addressing forums and conferences on behalf of his country. His ability to speak ‘off the cuff’ was always seen as a rare ability. He often said he speaks from the heart.

In Seychelles he is remembered for a marking address at the official opening of the island’s Carnaval International de Victoria when he reiterated the words of John Lennon famous song… ” you may say I am a dreamer, but I am not the only one. One day you will all join us and the world will be better as one”. The world press contingent gathered in Seychelles on the day ran with the words by St.Ange which made headlines everywhere.

St.Ange delivered the keynote address for the “Tourism & Business Conference in Canada”

Seychelles is a good example for sustainable tourism. This is therefore not surprising to see Alain St.Ange being sought after as a speaker on the international circuit.

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