Witicles Experts Online Articles Directory
Witicles Experts Articles Directory Witicles Experts Articles DirectoryWiticles Experts Articles DirectoryWiticles Experts Articles Directory

Welcome, Guest!     Sign Up    Sign In
Sponsored Ads

Become A Witicles.Com Expert Contributor Today

The Dignity of MANHOOD

Author Box

Iweha VivianIweha Vivian
I work as PR for an online company. I love to write localized articles on business and development in Nigeria.
Joined 4 years ago
From Lagos
Total Articles 6

Recent Articles From Author

# Real Estate as an Alternative Investment
# Lamudi Simplifies House-Hunting With New Responsive Website
# Leading Online Car Site Gives Advice on Automobile Safety

Namecheap.com Namecheap.com
Shop for Books online in Nigeria at kpiBooks.com.ng Order your favourite books online now, Save the stress & Pay online or with cash at Your Doorstep!

We help our esteemed clients develop web strategy that works!
Call us @ +234 803 578 3880

Authors Spotlight
Gboyega Adedeji  Gboyega Adedeji
Gboyega Adedeji is a Veteran Writer on Witicles.comVeteran Author
243 Articles
   Mentored By Jesus Christ | Writer | Inspiring Speaker | Publisher | Coach | Builder | CEO @ https:... from Abuja, Nigeria

Abiola Benjamin Obayomi  Abiola Benjamin Obayomi
Abiola Benjamin Obayomi is a Veteran Writer on Witicles.comVeteran Author
249 Articles
   Real Estate is my Profession. The change we need in Nigeria begins with all of us doing things differently. Collectively, we can make Nigeri... from Abuja, Nigeria

Free Online Articles Editor  Free Online Articles Editor
Free Online Articles Editor is a Veteran Writer on Witicles.comVeteran Author
137 Articles
   We challenge the minds of people towards mental and attitudinal shift and National transformation. We are the Editorial team of Witicles.... from Abuja, Nigeria

Omolara Adedeji  Omolara Adedeji
Omolara Adedeji is a Veteran Writer on Witicles.comVeteran Author
60 Articles
   I am a kingdom expander and I believe in the testimony of a transformed life as the greatest testimony of all. I am a voice of God for m... from Abuja, Nigeria

Sell Your Books online in Nigeria, Earn 80% from book sales

Top Articles
Top 10 Reasons for Nigeria's Undeveloped Economy
CONSAT: Nigeria DTH Cable Television That Challenges DsTV, MyTV, Startimes and Others
INSIGHTS On Tithes & Offerings from Brother Gbile Akanni
The Pyramid of Friendship: Secret of Effective Relationships
The Quick Fix for Nigeria's Underdevelopment and Unemployment

Recent Articles
The Immutability Of God's Promises
Public Education Valuable
Indian Education System
The Cause of Church Rivalry & Church Competition in Nigeria (Exposed)
The Three Dimensions of Experiencing Christ: In Him We Live, Move & Have Our Being

Recent Comments
Escorts in Delhi
How To Season And Grill Chicken
2 weeks ago Look through our range of fresh Vip Escorts Service In Delhi . We review and add new companion every day. Click on individual profiles to see Vip Escorts Service In Delhi: - http://www.saumyagiri.com

Ayodele Temidayo
The Blessedness Of Service: How God Rewards His Own
4 weeks ago Great piece sir. Soar in grace and God makes your oiverli soul fat in Jesus name

isha garg
Some Most Excellent Alternative to Buy Gifts for Valentine’s Day
4 weeks ago Hello I have found this article totally interesting have you seen it... http://www.dianaescorts.in/ http://www.hotdelhiescort.com/ http://www.dwarkaescortsgirls.com/ http://www.escortsservicesindelhi.com/ http://www.foreignescortsdelhi.com/ https://twitter.com/Callsgirldelhi https://www.ishagarg.in/

Site Clouds
Witicles, Articles, Webnigerians,Experts, Submit Articles, Become A Writer, Writing, Technology, Leadership, God, Government, Management, Nigeria, Society, Culture, Authentic Articles
Social Sharing

Sponsored Ads

Article Category >>>Real Estate

Driving real estate development with tourism in Nigeria.

By Iweha Vivian       Nov 03, 2014

Driving real estate development with tourism in Nigeria.

Obudu Mountain Resort (formerly known as Obudu Cattle Ranch) located at Obaniku Local Government area of Cross River State, Nigeria was rebranded leading to an influx of tourists both from within and outside the country thus creating revenue for the state government and private investors. This development was an eye opener for other states in the country to the many benefits of tourism to real estate, which ultimately leads to the creation of new revenue opportunities.

Nigeria is blessed with many natural and human resources. As one of the most naturally picturesque nations in the world tourist attractions abound in Nigeria, ranging from natural attractions like hills, waterfalls, springs, lakes, mountains, rocks, beaches, etc; to man-made attractions like resorts, parks, game reserves, ranches, etc; and cultural attractions such as festivals, carnivals, etc.

A study by Lamudi Nigeria however shows that only a few out of over 70 tourist centres which spread throughout different states in the federation (and each area hosting as much as 100,000 visits a month) generate substantial revenue. These tourist attractions, mostly resort centers, comprise of revenue generators like luxury rooms, outdoor facilities such as recreational parks, swimming pools, golf course, tennis courts, horse riding arenas, bird watching facilities, boat riding and other activities localized to that area.

Places like the Tinapa Business Resort in Calabar, La Campagne Tropicana Lagos, MicCom Golf Course Ada in Osun State, Oguta Lake Holiday Complex Imo State, Le Meridien Ibom Golf Resort in Akwa Ibom amongst others, have joined the league of revenue generators for the real estate industry in Nigeria. However the overall percentage of explored real estate investment in tourism industry in Nigeria, is less than 2%.

One area of note is the community of Ojiram in Akoko Edo North, Edo State, Nigeria. Blessed with a lovely serene environment and a large body of water which feeds the Ojirame dam, the area had been known in earlier times to have housed many affluent Nigerians including formal military head of states and expatriates who learnt their expertise during the construction of the dam. This area is also known for its beautiful rock formations and colonial style houses with historical significance.

Although the geography of the area is rocky, the slow pace and relatively serene environment allows the community be the perfect host to a five star luxury resort. This will not only open the community to other types of investments such as retail and hotels, it will also boost the economy of the state.

There are other such opportunities in Nigeria and if it can only be explored and developed, it may prove to be a sure way for revenue generation. Even though tourist services in the nation, at the moment, is not at its peak, the industry is still flourishing with more than 1,000,000 tourists coming into the nation annually from all over the world. These opportunities and many more can be turned into sure revenue generators should we take time to explore the possibilities.

From Witicles.Com: Thank you for the gift of your time. We appreciate you for reading this article published by Iweha Vivian. Witicles.Com is indeed your partner for your growth, effectiveness and maturity.


If you need to re-publish this ARTICLE, please cite this article - (http://witicles.com/driving-real-estate-development-with-tourism-in-nigeria-137.html) and the Writer (Iweha Vivian)

Do You Find This Article Helpful?

Article Tags: Tourism, real estate, economy
Save the Stress, Shop for Books Online in Nigeria - kpiBooks.com.ng
Article Source
Iweha VivianAbout Iweha Vivian
Iweha Vivian Iweha VivianIweha VivianIweha VivianIweha Vivian


Lamudi Nigeria is an online real estate market place.

Social Sharing
If You Enjoyed This Article; Then, Share It On Your Social Network

Driving real estate development with tourism in Nigeria.Driving real estate development with tourism in Nigeria.Driving real estate development with tourism in Nigeria.Driving real estate development with tourism in Nigeria.

Post Comment

Article Comments
Gboyega Adedeji     4 years ago
Nice write-up! Great work! You are welcome to Witicles.com.ng Vivian!

Related Articles

Author's Articles

My Accounts Categories Useful Links Affiliate Links Follow Us
Witicles.com is not a mere article directory; but Trusted Online Article Directory of syndicated articles on 27 core topics, including health and fitness, finance, business and economy, life improvement, real estate, politics, leadership, management and education. Authors publish articles for free and share knowledge with potential customers.

My Accounts
Account details
Lost Password

News and Society (169)
Self Improvement (139)
Business and Economy (103)
Leadership (102)
Politics (68)
Arts & Entertainment (44)
Health & Fitness (126)
Religion and Kingdom (58)
Real Estate (16)
Computers & Technology (21)
About Us
Advertise With Us
Contact Us
How To Submit Articles
Article Writing Tips

Flickers of Hope Foundation

CentreNDL on Facebook  Facebook

CentreNDL on Twitter  Twitter

CentreNDL on Google+  Google+

CentreNDL Blog  Blog

Send Email to Hubpile  Email