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Ekiti targets private investment to unlock tourism potential in communities

Euros Room · 29 Sep 2026 · 🇳🇬 Nigeria
Ekiti targets private investment to unlock tourism potential in communities

The Ekiti State Government has called for increased private investment in the tourism sector to unlock the economic potential of read more Ekiti targets private investment to unlock tourism potential in communities

The Ekiti State Government has called for increased private investment in the tourism sector to unlock the economic potential of the state’s natural and cultural attractions.

Wale Ojo-Lanre, Director-General, Ekiti State Bureau of Tourism Development, who represented Governor Biodun Oyebanji at the 2026 World Tourism Day celebration at Arinta Waterfall, Ipole-Iloro, on Sunday, said the government is ready to work with communities and investors to develop tourism assets across the state.

Ojo-Lanre said Ekiti had a ready market for tourism businesses, particularly with the presence of seven universities and their large student populations.

He said the State is open to investors interested in developing tourism-related businesses, stressing that investment in the sector could create jobs, generate income and stimulate economic activities in communities.

“Ekiti is open for tourism investment and the return on investment is very high because there is demand. We have seven universities here in Ekiti and their students are always enthusiastic to visit tourist sites.

“Arinta Waterfall is one of them. We are very open for investment,” he said.

The celebration, held with the theme, “Digital Agenda and Artificial Intelligence to Redesign Tourism,” also highlighted the need to deploy technology in promoting the state’s tourism attractions.

Ojo-Lanre said the government would support communities willing to develop their tourism assets, adding that tourism had moved beyond leisure to become an economic sector capable of transforming communities.

He said the choice of Arinta Waterfall for the celebration was aimed at drawing greater attention to the attraction and its investment potential.

According to him, Arinta is among Nigeria’s notable waterfalls and has seven waterfalls within the site.

Ojo-Lanre said the use of digital technology and artificial intelligence would also help communities promote their attractions, reach wider audiences and improve visitors’ experiences.

The Olupole of Ipole-Iloro Kingdom, Oba Ezekiel Oladele, called for further investment in the development of Arinta Waterfall, saying the site could become a leading ecotourism destination in Nigeria.

The monarch said the development of the waterfall required adequate infrastructure, professional management, environmental protection and private-sector investment.

He said developing the site would create employment opportunities for youths, generate income for the community, attract visitors and boost economic activities in the state.

Oba Oladele urged the government and investors to work with the people of Ipole-Iloro to develop the full potential of the waterfall.

He also called for the use of virtual tours, online booking systems, digital maps, social media and artificial intelligence to promote Arinta Waterfall to audiences within and outside Nigeria.

The monarch, however, urged stakeholders to ensure that tourism development did not undermine the environment and cultural heritage of the community.

He called on farmers operating within areas designated for the development and protection of the tourism corridor around Arinta Waterfall to vacate such areas in line with lawful directives and applicable government procedures.

Oba Oladele warned that indiscriminate farming and deforestation could damage the forest, vegetation and ecosystem supporting the waterfall.