Close Menu
    Facebook X (Twitter) Instagram
    • Home
    • Contact Us
    • About Us
    • Privacy Policy
    • Terms Of Service
    • Advertisement
    Saturday, June 13
    Facebook X (Twitter) Instagram Pinterest Vimeo
    ABS Africa TV
    • Breaking News
    • Africa News
    • World News
    • Editorial
    • Environ/Climate
    • More
      • Cameroon
      • Ambazonia
      • Politics
      • Culture
      • Travel
      • Sports
      • Technology
      • AfroSingles
    • Donate
    Subscription
    ABS Africa TV
    Home»Travel»Nigeria: Economic Diversification – Grant States N5bn Tourism Investment Funds, Akwa Ibom Tells Federal Govt
    Travel

    Nigeria: Economic Diversification – Grant States N5bn Tourism Investment Funds, Akwa Ibom Tells Federal Govt

    Chukwu GodloveBy Chukwu GodloveMay 12, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Nigeria: Economic Diversification – Grant States N5bn Tourism Investment Funds, Akwa Ibom Tells Federal Govt
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Post Views: 25


    For the ongoing economic reforms by the federal government to yield fruits, Akwa Ibom State has made a case for a monthly disbursement of N5 billion to the sub-nationals by the federal government for the promotion of tourism sector.

    The investment cash would help shore up the tourism sites for more attractions by fun seekers, investors, visitors and tourists, thereby creating huge alternative income generation avenues for states for more development and job creation.

    Speaking at a press conference ahead of the forthcoming Federation of Tourism Association of Nigeria (FTAN) programme in Uyo, later this month, the honorary special adviser to Governor Umo Eno, on Culture and Tourism, Nkereuwem Onung, said such intervention from the centre would serve as a major economic diversification drive across states.

    He noted that Akwa Ibom has done much to recreate other income generating areas especially in tourism under the current administration’s ARISE Agenda blueprint, with billions of naira invested in revamping the cultural heritage sites, new tourism and hospitality hub along Dominic Utuk Avenue, Uyo, as well as rural development intervention schemes across the 31 local government areas.

    He noted that the state has peace as her major tourism product, adding that security has combined to make the state a rallying point for visitors as the administration, Onung added, was strongly committed to making the Niger Delta state the beacon of investment destination in the country.

    “We are going to showcase our tourism potentials to the world as the administration of Governor Eno, turns two years on May 29,” he stressed, noting that the state has invested more than the federal government in the area of tourism, and appealed for more lifeline from the centre.

    “The state government has invested so much in community infrastructure, education, training and empowerment as components of the ARISE Agenda in tourism,” he noted, assuring that more Gross Domestic Product (GDP) would be generated to boost the economy aside the crude oil proceeds.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Chukwu Godlove

      Related Posts

      Cape food lovers say goodbye as Root44 Restaurant and One Park close their doors

      June 13, 2026

      Kenya: Nairobi Clean Cooking Summit Postponed Amid Travel Uncertainty

      June 13, 2026

      Western Cape welcomes new PRASA train timetable with more services

      June 13, 2026
      Leave A Reply Cancel Reply

      ABS TV and ABS Network News is a leading Pan-African 24/7 broadcasting network delivering nonstop news, talk shows, lifestyle programs, and digital media content worldwide through Satellite, Streaming Platforms, and Roku TV.
       
      Based in the United States, we connect Africa to the world while empowering creators, journalists, and brands through innovative media and broadcasting services.
      Facebook X (Twitter) Pinterest WhatsApp Instagram

      Our Picks

      Sports

      Scotland v Ireland T20 World cup: Kathryn Bryce’s amazing one-handed catch removes Alana Dalzell

      Travel

      Cape food lovers say goodbye as Root44 Restaurant and One Park close their doors

      Technology

      The dizzying scale of Elon Musk’s fortune

      Most Popular

      World News

      Switzerland to vote on plan to cap population at 10 million

      Sports

      Ancelotti provides Neymar update ahead of Brazil’s World Cup opener

      Culture

      ‘I worked every day’: How David Hockney fell in love with France during the Covid lockdown

      © 2026 Copyright. All Rights Reserved by ABSAFRICATV
      • Privacy Policy
      • Terms of Services

      Type above and press Enter to search. Press Esc to cancel.

      We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.