Travel/Tourism
Giant Strides of Heritage Bank in Nigeria’s Tourism Sector
By Dipo Olowookere
The enormous richness and diversity of Nigeria’s culture has always been considered as strong reason why tourism should be a primary foreign exchange earner for the country. From east to west; from north down to south, the country is naturally endowed with rich tourist sites.
Nigeria’s art and cultural heritage are woven from threads of history and diversity, legend and conquest. Nigeria is a vast country with a population of about 170 million people covering about 923,768 sq.km of landmass, located wholly within the tropics.
The country, aptly described as the ‘Giant of Africa’ and the Heart of Africa, is richly endowed with ecological and cultural resources, which are of universal recognition. The richness and diversity of the Nigeria culture is a manifestation of the socio-cultural differences of the over 250 ethnic groups that inhabit the land for ages.
However, the big question is, how much of these opportunities in its art and culture have been fully developed to attract tourists (locally and internationally) as well as earn revenue.
Expected to be one of the growing and high earning sector in the country, the industry was accorded priority status in 1990 when the National Tourism Policy was launched. The main thrust of government policy on tourism was to generate foreign exchange earnings, create employment opportunities, promote rural enterprises and national integration, among other things. Also, it is ideally positioned to contribute to seize the opportunities stemming from urbanization.
Given the plethora of opportunities provided by tourism, it is surprising that the industry has not received adequate attention in the developing countries where most of the natural tourist sites are domiciled, especially in Nigeria. An incredible tour through the history of tourism in Nigeria over the last 50 years of its existence shows that not much has been accomplished and important challenges remain.
As at 2016, direct contribution of Travel & Tourism to GDP was N1,861.4 billion (1.7% of GDP) but this was forecast to rise by 1.1% to NGN1,881.1 billion in 2017.
But the figures presented in the WTTC 2017 report are proof that not so much contribution from the sector has reflected on the economy.
In the last 10 months, no significant direct contribution from Travel & Tourism to the country’s GDP. For instance, its contribution to the whole economy GDP remains at 1.7%, same as it was in 2016. A review of tourism’s impact on the country’s GDP in the last 10 years (2007 – 2017) shows that its impact was at all-time high in 2008, having contributed 2.4% to the GDP. Since 2008, its impact has been fluctuating between 1.8% and 1.5%.
However, more must be done to market Nigeria’s massive and profitable industry. This is because the country is yet to tap its full potentials.
With this development, Heritage Bank, through its strategic partnerships with government and private organisations, has continued to make efforts to transforming Nigeria into a tourism sector destination in Africa and position it as lever of Nigeria’s economic growth and development.
For the bank’s giant stride of support to tourism, Federal Government commended Heritage Bank for its commitment to the development and growth of the creative industry.
Minister of Information and Culture, Alhaji Lai Mohammed, gave the commendation at a two-day Creative Nigeria Summit.
The bank, aimed at boosting Nigeria’s tourism via creative arts industry supported the sponsorship of exhibition at the National Museum Benin, at the Exhibition Gallery of National Museum Benin by the National Commission for Museums and Monuments (NCMM), in collaboration with the Edo State Government, and the Smithsonian Institute, United States of America.
Also, Heritage Bank Plc partnered with the organizers of the International Festival of Contemporary Dance (IFCOD) to host the second edition of One Language, a musical production of intrigue, dance and drama.
Most prominent of its partnership and supports is the annual Calabar Carnival and festival, tagged “Africa’s Biggest Street Party,” was created as part of the vision of making Cross River State the number one tourist destination for Nigerians and other tourists across the world.
Since its debut in 2004 by a former governor of the state, Donald Duke, the theme of the yearly event has continued to change. The theme of the recently concluded 2017 edition was “migration and climate change.”
The theme was chosen against the backdrop that Africa has always known migration and it has been the home of many cultures for many centuries.
From the Trans-Atlantic Slave Trade era, colonization and neo-colonialism, the African continent which used to be home to many foreigners, has now become a land of opportunities.
Presently, the world recognizes it as the new frontier, not to be exploited for the benefits of others but to be cultivated on its own. It is against this backdrop that the board of the carnival commission adopted the theme migration in a bid to bring people together beyond the realm of tribal and religious conflict to show case Africa’s talent and several opportunities.
This theme resonates with the greenhouse effect which is the corporate identity of Heritage Bank, Nigeria’s most innovative banking services provider, a development which encourages it to partner with Segaull Band, one of the five bands that participated in the carnival.
The Acting MD/CEO of Heritage Bank, Jude Monye, says the theme of the carnival this year is migration and climate change and heritage have to do with green, green- house effect and sustainability, protection and human development.
“As far as this is concerned, the bank will continue to support initiatives that have to do with sustainability,” adding that migration is a depletion of human resources, depletion of values and depletion of human capital.
“We are here as an institution to help to facilitate and to create awareness that the grass is not greener on the other side, we can develop ourselves, we can build our nation, we can build our continent and sustain it if we do the right things like planting trees, keeping our environment clean, disposing our wastes properly and living a good life,” Mr Monye said.
Mr Monye was accompanied by a team from the bank which included Mr Godwin Ukwat, Regional Head, South South; Mr Archibong Etim, Team Lead Commercial, Calabar; Mrs Queen Essien, Team Lead, SME; Mrs Obo Offiong, Experience Centre Manager, Calabar, Mrs Rita Ihunna, Team Member, Commercial, Head office, Lagos and Mr Blaise Udunze, Media Relations Officer.
During the event, the Cross-River State Governor, Mr Ben Ayade, tasked the bands to interpret the theme, ‘Migration’ for the youths to see the need to remain in Africa and develop the continent.
The Seagull Band is one of the carnival bands registered in 2005 for the Cross-River State annual Christmas festival. It is the most stylish and coordinated body with the main objective of promoting and sustaining the tourism and hospitality industry and enhance the status of the under privilege through charity. The band displays the African culture through aesthetics, talents and innovation, paraded yearly during the carnival.
The Seagull Band is identified by its eye catching distinctive colour – red and maintains defined hierarchical structure. It is the band that recognises and celebrates Nigerians and other artistes, movie stars and beauty queens. The band is under the dynamic and charismatic leadership of the vibrant and distinguished Senator (Princess) Florence Ita-Giwa.
Ita- Giwa was the wife of late Dele Giwa, a journalist killed by a parcel bomb during the military regime of General Ibrahim Babangida. Since the death of her husband, Ita-Giwa has been a vibrant activist and a fighter for the people of Bakassi Peninsula. She’s also a former senator who represented Cross River State Southern District at the National Assembly and a former Legislative Adviser to late Nigerian President Musa Yar’adua.
Speaking on the theme of the carnival, Senator (Princess) Ita-Giwa said the relevance of theme to recent and trending ignoble migrant journey and the attendant menace was no less efficacious as it has brought the subtlety and complexities that characterize the infamous movement of people from less attractive zone to a more attractive one.
She said the 2017 Seagull Band interpretation takes a prismatic view of the forms of migration and causal factors of human migration.
“The epicentre of these interpretations is the two major forms of migration- the 18th century infamous/involuntary yet monumental slave trade and the modern day voluntary slavery/ trafficking of vulnerable persons.
“The tumultuous whirlwind and rippling effect of these forms of migration is brought to the fore,” she said, adding that, “international conflict and war as causes of migration also form part of the outlay.”
The Segaull Band presentation which was set in a typical African setting was logically captured in the following sections: Domestic settlement, arrival of European traders, the slave trade (the capture, torture and resistance), transformation, legacy, human trafficking (sex workers, Libya to Europe, the returnees, natural/environmental disasters, development, self-actualization and dignity restored (Home sweet home)
The five bands: Segaull, Masta Blasta, Passion 4, Bayside and Freedom mustered at Millennium Park along the 12 kilometres Carnival route so that spectators will see at least three performing bands within four hours. The bands arrived at the U.J Esuene stadium early in the morning.
Besides the carnival, there was also the Miss Africa Calabar Beauty Pageant 2017 which was won by Miss Botswana, Gaseangwe Balopi, 21.
Balopi emerged the 2017 African queen at the second edition of the pageant which was a keenly contested event after a fourth round of appearances in different attires by 25 contestants.
She took home $35,000 and a Ford Edge Sport Utility Vehicle as her star prize.
Miss Rwanda, Fiona Naringwa and Miss Luyolo Mngonyama of South Africa were first and second runners-up. Naringwa took home $10,000 and Mngonyama $5,000.
The new queen promised to use her crown to create awareness on the dangers of illegal migration by youths across Africa while the former Miss Africa, Neurite Mendes from Angola, urged the new African queen to use her office to end illegal migration by some Africans to European countries.
Governor Ben Ayade stated that the theme of the event `Climate Change and Migration’ was chosen to create awareness on the need to protect the environment and caution youths against illegal migration.
Mr Ayade noted that the event afforded the African continent the opportunity to choose another beauty queen that will use her beauty to create awareness on the need for Africans to see themselves as one.
“Migration and Climate Change have become burning and global issues today. Our gathering here today is to choose another African queen that will use her office to create awareness on the theme. Blackness is now a perception, beauty and character in the eyes of the people. The Miss Africa pageant is meant to tell the true story of Africa to the world,” Ayade said.
According to him, “how can a continent like Africa that is blessed with abundant natural and human resources be poor? Africans are intellectually sound. We are not gathered here to pick the most beautiful woman, but rather, we want to pick the true African woman who can use her beauty to change Africa. For us to tell the true African story, we need a face that is appealing. Our theme for this year should caution our youths about the tedious journey through the Mediterranean Sea and Sahara Desert to Europe in search of greener pasture.”
We commend the initiative of Heritage Bank for supporting efforts to create awareness about the negative effects of migration and climate change and enjoin other corporate organisations to lend their voices as well as in a bid to sustain advocacy against migration and climate change in the overall interest of the African continent as well as restoration of the dignity of the African man and the black race.
Travel/Tourism
Airlines Face Fresh Turbulence Over Jet Fuel Scarcity
By Adedapo Adesanya
The National Association of Aircraft Pilots and Engineers (NAAPE) has revealed that Nigerian airlines are battling a severe jet fuel crisis, triggered by soaring jet fuel prices and supply shortages.
This is the latest blow to the aviation industry, which escaped an industrial action by airline operators over the price of jet fuel.
The latest development is increasing costs, disrupting flights and creating concerns about operational safety and sustainability.
According to Reuters, the persistent scarcity of jet fuel has triggered widespread operational challenges, including flight delays, route adjustments and extended crew duty periods, as airlines struggle to manage schedules amid rising costs.
According to the President of the association, Captain Bunmi Gindeh, the fuel shortages were pushing crews beyond planned limits, increasing fatigue and potentially eroding safety margins in an industry governed by strict rest regulations.
According to local carrier Rano Air, it revealed that jet fuel prices had more than quadrupled, as well as made some routes commercially unsustainable, forcing operational adjustments.
Other carriers have also begun rescheduling or cancelling flights and cutting unprofitable routes, industry sources cited by Reuters said.
This comes at a difficult time for Nigeria’s aviation sector, already strained by foreign-exchange volatility, high aircraft maintenance costs, airport infrastructure strains and fuel price swings.
Airlines group, Airline Operators of Nigeria (AON), last month threatened to suspend operations over what they described as crippling and artificially inflated jet fuel prices.
Nigeria’s airline industry carries millions of passengers annually across an extensive domestic network and plays a critical role in connecting cities where road travel is often slow or insecure, making reliable air services economically and socially important.
The publication reported that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said fuel prices would not be capped, adding that any decisions on deregulated products would be formally communicated.
The crisis is worsening existing problems in Nigeria’s aviation sector, including forex instability, expensive aircraft maintenance and weak infrastructure.
Travel/Tourism
FG Unveils Leasing Initiative to Cut Airlines’ Fleet Acquisition Costs
By Adedapo Adesanya
The federal government has approved the establishment of a national aircraft leasing company aimed at easing access to modern fleets for domestic airlines and transforming aviation financing in Nigeria.
The minister of aviation and aerospace development, Mr Festus Keyamo, announced the decision after a meeting of the Federal Executive Council (FEC), describing the move as a significant shift in how Nigerian carriers will acquire and finance aircraft.
Mr Keyamo said the proposed company would operate as a private-sector-driven Special Purpose Vehicle (SPV) with government backing.
“This initiative is a game-changer for our aviation industry. It eliminates the long-standing challenges Nigerian airlines face in accessing aircraft on competitive terms and positions the country as a hub for aviation financing in Africa,” he said.
According to the minister, the new platform will allow airlines to source aircraft through a centralised system, replacing the current model where operators negotiate individually with international lessors, often at higher costs and stricter terms.
Mr Keyamo noted that the government’s role would be largely supportive, providing sovereign guarantees to boost investor confidence, while private sector players drive the project.
“Through the Ministry of Finance Incorporated, the government will hold equity and earn revenue without direct financial investment. Our primary obligation is to provide the confidence investors need, especially in ensuring asset security,” he added.
The initiative, he said, has already begun attracting interest from both local and international investors, signalling early confidence in its viability.
Beyond supporting Nigerian carriers, the leasing company is also expected to extend services across West Africa and the broader continent, positioning Nigeria as a regional hub for aircraft leasing.
Airlines in Nigeria have come into focus in recent weeks due to renewed concerns over the financial sustainability of operators, which almost forced them to suspend operations last month. However, the Bola Tinubu-led government approved a 30 per cent relief on debts owed by local airlines to aviation agencies and ordered talks involving fuel marketers, airlines, and regulators to reach a fair jet fuel price.
Travel/Tourism
Passengers to Enjoy Starlink Wi-Fi on Emirates’ Flagship A380
By Aduragbemi Omiyale
Air travellers flying through Emirates will enjoy Starlink Wi-Fi onboard after the completion of the installation of the internet service on the company’s flagship A380.
The introduction of Starlink on the A380 builds on Emirates’ ongoing investment into redefining the customer journey, including one of the most ambitious retrofit programmes in aviation history.
The airline operator recently test-run this on a flight to Dubai, and it allowed passengers to enjoy seamless broadband while flying at 40,000 feet.
The Emirates A380 was one of the first commercial aircraft in the world to offer internet to its customers, with first-generation systems offering a total aircraft bandwidth of less than 1 Mbps. The installation and certification were accomplished in Newquay, UK.
With more A380s scheduled for accelerated installation throughout 2026, Emirates customers will soon enjoy a transformative leap in onboard connectivity with the ability to stream, game, browse, and work throughout their journey on personal devices.
The service will be complimentary for all customers, across all cabins, with easy sign-up and access. Future enhancements will include Live TV streaming over Starlink, initially on personal devices and later integrated into seatback screens.
So far, more than 650,000 Emirates customers have already flown on Starlink‑equipped flights, experiencing the benefits of next‑generation onboard connectivity firsthand.
As the world’s largest passenger aircraft, the A380 presents unique engineering challenges and opportunities. This industry-first Starlink configuration is designed to meet the demands of the A380’s ‘double-decker’ layout and high passenger capacity and is capable of delivering more than 2 Gbps of total aircraft bandwidth across the cabin.
Compared with the Emirates Boeing 777, the Emirates A380 features additional wireless access points and a third antenna to deliver an enhanced connectivity experience for its higher passenger capacity. Optimised inter‑deck integration supports a seamless Wi‑Fi experience, with customers able to enjoy high speeds depending on usage and device capability.
Starlink installations will soon begin at Emirates Engineering facilities in Dubai to accelerate deployment across the fleet.
Emirates is committed to bringing the best possible connectivity to its entire fleet at the earliest opportunity, with 25 Boeing 777-300ER aircraft already equipped with Starlink and the first A380 now joining service.
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