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Tourism Development as a Catalyst for Sustainable Economic Growth in Nigeria (2000-2014)

Ogonu, G. C & Didia, J. U. D.

Abstract

This study focused on empirical investigation of tourism development as a catalyst for sustainable economic growth in Nigeria (2001-2013). The data used for the study were sourced from the Central Bank of Nigeria Statistical Bulletin 2013 and online from World Development Indicators of the World Bank. An ordinary Least Squares (OLS) technique was used to analyze the data. The findings of the study reveal that international tourist arrivals significantly contribute to real gross domestic product and employment in Nigeria, The study recommended that there is the need for Nigerian policy makers to pay more attention to the tourism sector

Keywords

Economic growthGlobal economyNigeriaTourism development

References

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