The Infrastructure Concession Regulatory Commission (ICRC) and the Ministry of Art, Culture, Tourism and Creative Economy(FMACTCE) have commenced discussions on the development of major tourism infrastructure projects across the country.
A statement issued in Abuja on Sunday by Ifeanyi Nwoko, acting head of media and publicity at the ICRC, said the projects would be executed through public-private partnerships (PPPs).
The statement said the discussions followed a meeting between the Director-General of ICRC, Dr Jobson Ewalefoh, and the Culture and Tourism Minister, Hannatu Musawa.
It said projects under consideration include seven-star hotel infrastructure, a modern concert and entertainment arena, and the revitalisation of national museums for tourism and cultural purposes.
Others are strategic collaborations with Netflix in film production, training and creative industry development.
The statement quoted Mr Ewalefoh as assuring the ministry of the commission’s readiness to support and fast-track viable tourism infrastructure projects that can transform the sector and boost economic activity in the country.
“The Renewed Hope Agenda of President Bola Tinubu is heavily driven by infrastructure development, and tourism infrastructure is no exception.
“The commission is committed to ensuring that all viable projects within the tourism and creative economy sector receive the necessary regulatory support required to move from concept to implementation within record time,” it said.
Mr Ewalefoh added that the commission had streamlined PPP processes to create a more investor-friendly environment that accelerates infrastructure delivery while maintaining transparency, due diligence, and regulatory compliance.
The statement also quoted Ms Musawa as describing infrastructure as central to unlocking the potential of Nigeria’s tourism and creative economy.
She noted that the sector could contribute as much as $100 billion to the nation’s gross domestic product (GDP) by 2030.
“Nigeria possesses the demographic strength and cultural capital needed to become a global tourism and entertainment hub, but critical infrastructure gaps continue to limit the sector’s growth.
“Nigeria is known for its music, fashion and food, yet we do not have the infrastructure to host the world.
“Our people travel to other countries for major entertainment events, and that represents a huge loss of economic value for Nigeria,” she said.
The minister stressed the need for world-class hospitality and entertainment infrastructure in Abuja and other major cities.
She expressed optimism that the collaboration with the ICRC would help actualise the administration’s vision for the sector.
The statement said the discussions further underscored the growing recognition that PPPs could play a critical role in addressing infrastructure deficits within the tourism sector.
It added that the partnerships would help reposition Nigeria as a major tourism hub in Africa and globally.
(NAN)
