Ekiti State Government has prioritized private investment in tourism to harness the economic potential of its natural and cultural attractions, as emphasized during the 2026 World Tourism Day celebrations at Arinta Waterfall, Ipole-Iloro. Wale Ojo-Lanre, Director-General of the Ekiti State Bureau of Tourism Development, representing Governor Biodun Oyebanji, stated the state is open to investors seeking to develop tourism-related businesses. He highlighted the presence of seven universities in Ekiti, whose student populations create a ready market for tourism ventures. 'Ekiti is open for tourism investment, and the return on investment is very high because there is demand,' Ojo-Lanre said, citing Arinta Waterfall as a key asset. The event, themed 'Digital Agenda and Artificial Intelligence to Redesign Tourism,' underscored the role of technology in promoting the state’s attractions and enhancing visitor experiences. The Olupole of Ipole-Iloro Kingdom, Oba Ezekiel Oladele, called for infrastructure development, professional management, and private-sector investment to transform Arinta Waterfall into a leading ecotourism destination. He urged stakeholders to leverage virtual tours, online booking systems, and social media to expand the waterfall’s reach while ensuring tourism development does not harm the environment or cultural heritage. Oba Oladele also advised farmers operating in protected tourism corridors to vacate the areas in compliance with government directives, warning that deforestation and unregulated farming could damage the ecosystem supporting the waterfall. 'Developing the site will create employment for youths, generate income, and boost economic activities,' he said. Ojo-Lanre noted that tourism has evolved beyond leisure to become a transformative economic sector, with Arinta Waterfall’s seven cascades drawing attention as a strategic investment opportunity. The government pledged support for communities seeking to develop their tourism assets, emphasizing collaboration with investors to stimulate local economies. The celebration aimed to spotlight the waterfall’s potential, aligning with global trends in digital innovation for tourism. 'Technology will help communities promote their attractions, reach wider audiences, and improve visitor experiences,' Ojo-Lanre added. The event highlighted Ekiti’s dual focus on preserving natural resources and fostering economic growth through sustainable tourism. With its cultural landmarks and educational institutions, the state positions itself as a hub for both academic and recreational tourism. Stakeholders, including local leaders and investors, are encouraged to prioritize eco-friendly practices and community engagement to ensure long-term benefits for residents and visitors alike.
https://www.businessdayng.com/
tourism, investment, Ekiti State, Arinta Waterfall, digital technology, ecotourism
Ekiti State Government seeks private investment to unlock tourism potential, leveraging natural and cultural assets through digital innovation and community collaboration.
Ekiti State Government calls for private investment to develop tourism, emphasizing digital technology and sustainable practices to harness natural and cultural attractions.
https://www.nyakundireport.com/ekiti-tourism-investment
Ekiti tourism, private investment, Arinta Waterfall, digital agenda, ecotourism development
Ekiti State Seeks Private Investment to Boost Tourism, Leverage Natural and Cultural Assets
Ekiti State Government prioritizes private investment in tourism to unlock economic potential, focusing on digital innovation and sustainable development of natural and cultural attractions.
https://www.nyakundireport.com/images/ekiti-tourism.jpg
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