Dubai Tourism: A Perfect Example For Nigeria To Diversify Its Economy
When we are talking about tourism today, Dubai is the number one amongs the countries which succeded in tourism in this 21st century and a perfect epitome to all other countries on how to diversify economy and achieve stable economic growth. Dubai Commerce and Tourism Promotion Board was setup in 1989 to promote Dubai as a luxury destination and center of attraction to millions of people.
In May 2013, the government of Dubai also launched another strategy called “the Dubai Tourism Strategy 2020’’, with the key objective to attract 20 million visitors a year by 2020 and making Dubai a first-choice destination for international leisure travellers as well as business travellers. Over the last decade, Dubai has seen strong growth within the tourism sector. According to statistics report, From January to June 2019, 8.36 million international tourists visited Dubai. This 8.36 million international tourists include Nigerians both the citizens and the government.
Now to cut the story short, Dubai has been nicknamed as the "shopping capital of the Middle East. If Dubai can achieved all of these I don’t see any reason why Nigeria government can’t diversify our economy. There are various resort centres in Nigeria even more than that of Dubai. What should be our concern for now in Nigeria is how we are going to diversify our economy because the news across the globe now, keep telling us that oil will soon be (if not 100%) irrelevant because most advanced countries are now changing from gas or oil engine to electric battery engine which means motor vehicle and other machineries will no longer be using petrol or diesel.
China said by year 2025 no motor using petrol will be on their road any more while some countries like Russia and America put their own in year 2030. At this dangerous time should Nigeria cross leg, fold arms, sit back and be looking while the world around us keep changing. The implication is this, if those countries said they are no longer producing diesel engine it means they will not buy crude oil any more. Though will can say if there is no car using petrol in China we will be using it here in Nigeria but can we use all the barrel of petrol Nigeria is producing everyday alone.
Now what is the fate of Nigeria if our largest buyer reject our oil? I think it is time to diversify, to touch the untap resources and create another stream of revenue as a country. If Dubai can do it I think we too can do it.
What is your believe do you think we can do it?
Your opinion matters!!!