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Prominent Nigerian socialite, Chief Dokun Olumofin, has suggested a $500 tourism tax on Nigerians in the diaspora returning home for the festive “Detty December” season.
Citing a report by MO Africa Company Limited, Tribune Online highlighted that Lagos hotels generated an impressive N54 billion in December 2024. Olumofin proposed leveraging the influx of diasporans during this period to bolster Nigeria’s finances.
In a formal letter to President Bola Ahmed Tinubu, Olumofin outlined how implementing a $500 levy on returnees between November 25 and January 5 could generate approximately $125 million (around N240 billion). He proposed channeling the funds into tourism development to position Nigeria as a global festive destination.
The letter stated:
“This initiative presents an opportunity for Nigeria to generate substantial revenue—potentially up to $125 million (N240 billion)—from an estimated 250,000 returnees contributing $500 each. This revenue could be used to enhance tourism and establish Nigeria as a leading destination for festive celebrations.”
The proposal included several recommendations:
- Mandatory Documentation: Returning visitors who are non-residents must complete forms, pay the applicable fees, and submit required documents before entry.
- Fee Structure: A $500 fee for individuals aged 18 and above; $150 for those aged 10–18 from developed countries. Fees for travelers from less-developed nations would be adjusted based on their economic status and government recommendations.
- Exemptions: Waivers for specific categories, including children under 10, citizens over 70, military personnel, NGO workers, terminally ill individuals, students, funeral-related travel, and diplomats.
- Revenue Management: Funds to be managed by an independent body, with oversight by the Lagos State Governor and the Federal Ministry of Tourism.
- Tourism Development: Revenue to be invested in traffic management, enhanced security, the development of tourist sites, global advertising campaigns, and ambassadorial initiatives to promote Nigeria as a festive hub.
Anticipating criticism, Olumofin noted that progressive ideas often face resistance but emphasized the potential of this initiative to generate $1 billion for Nigeria over five years.
He expressed optimism that the proposal would be seriously considered, noting its potential to transform Nigeria’s tourism landscape while boosting national revenue.