‎“Fun into Funds: ATPN urges diaspora to turn Detty December into investment window” - Landslide News
  • Latest
  • Trending
  • All
  • Business
  • Politics
  • Global
  • Lifestyle
  • Tech

‎“Fun into Funds: ATPN urges diaspora to turn Detty December into investment window”

November 10, 2025

Kwankwaso Accuses Kano Govt of Forcing NNPP Officials to Defect, State Denies Claim

January 15, 2026

FG Commends Super Eagles Despite AFCON Semi-Final Exit

January 15, 2026

ADC Accuses Tinubu of $9m U.S. Image-Laundering Scheme

January 14, 2026

Absence of Ex-Taraba Permanent Secretary Delays Former Governor’s Fraud Trial

January 14, 2026

US Embassy Launches Renovated American Centre in Abuja

January 14, 2026

Peter Obi Speaks Out on Student Arrests Over School Safety

January 14, 2026

Kwankwaso Rejects Claims He Endorsed Gov Yusuf’s APC Defection

January 14, 2026

Gospel Singer Bunmi Akinnaanu is Dead

January 14, 2026

Fayose Says Tinubu Won’t Drop Wike in Fubara Dispute

January 13, 2026

US Delivers Military Supplies to Boost Nigeria’s Counter-Terrorism Operations

January 13, 2026

Court Nullifies PDP Ekiti Governorship Primary, Orders Fresh Election

January 13, 2026

Abuja Alternate Festival 2026 Returns with Global Ambitions

January 13, 2026
Landslide News
  • Home
  • Breaking News
  • Global
  • Business
  • Entertainment
    • Movies
    • Music
  • Fashion
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Advertise
No Result
View All Result
Landslide News
  • Home
  • News Insights @ LandslideNews
  • Breaking News
  • Politics
  • Global
  • Business
  • Entertainment
    • Movies
    • Music
  • Fashion
  • Health
  • Lifestyle
  • Sports
  • Tech
  • Advertise

‎“Fun into Funds: ATPN urges diaspora to turn Detty December into investment window”

byMmekili Isichei-Okafor
November 10, 2025
in Politics
0
Share on FacebookShare on Twitter

With the end‑of‑year “party season” known as Detty December‎”
fast approaching, Nigeria’s tourism‑industry practitioners are making a pointed call: they don’t just want the festive spending  they want to convert some of it into long‑term investment. The Association of Tourism Practitioners of Nigeria (ATPN) is leading the push, appealing to Nigerians living abroad to rethink their annual home‑coming and holiday spending as opportunities for capital formation and business growth.
‎
‎ATPN President Femi Fadina (name and title confirmed by ATPN) set out the vision: rather than seeing returning Nigerians as solely consumers of the December nightlife and family re‑connections, he argued they should view their trips as business engagements. In his address, he said the diaspora, flush with foreign‑exchange earnings and festive spending power, represent a “golden opportunity” to channel into Nigeria’s creative economy, hospitality, infrastructure and tourism value chains during this peak season.
‎
‎Although exact figures were not released in his speech, the context is that Detty December has become an annual consumption phenomenon: returning Nigerians, foreign visitors, nightlife events, parties, entertainment and hospitality all combine to make the end of the year a major economic period. According to the Wikipedia summary of the phenomenon, returning diaspora spending and remittances during this period account for a non‑negligible slice of national income.
‎
‎Fadina emphasised that while the spending is welcome, what often happens is that the flows end at short‑term parties, clubs, accommodation and travel  without converting into equity, business start‑ups, destination development or infrastructure investment. He said ATPN wants to help change that pattern: “Don’t just come home to party. Come home to partner,” he said (paraphrased). He underlined that with proper channels and local enabling conditions, those returning for Detty December could leave behind more than memories  they could leave behind tangible assets and growth.
‎
‎Why this push matters
‎
‎Nigeria has long recognised the potential of its diaspora community as a source not just of remittances but of investment. The economics of the end‑of‑year period are significant: dozens of big concerts, festivals, events, travel and hospitality draw large crowds, especially from the diaspora. The term “Detty December” captures that confluence of returning Nigerians, high consumption, exuberant festivity and economic activity.
‎
‎From a policy perspective, converting festive inflows into sustainable investment makes sense. Rather than one‑off consumption, turning dollars into Nigerian assets, businesses, partnerships or infrastructure can help build capacity in tourism, hospitality, creative industries, and cultural economy. ATPN’s call therefore aligns with broader government and private‑sector efforts to mobilise the diaspora as strategic investors rather than just visitors.
‎
‎What’s being proposed / how will ATPN act
‎
‎The ATPN president outlined some of the practical steps: the organisation intends to design events, engagements and investment‑readiness programmes that coincide with Detty December  so that while visitors are back, they can engage not only socially but also commercially. For example, ATPN plans to host business‑meet‑ups, showcase investment opportunities in tourism destinations, creative hubs and accommodation, and highlight partnerships where diaspora capital meets local operators.
‎
‎The idea is that the festive season should not simply be one long party, but a conversion funnel: the time when the diaspora is physically present in Nigeria becomes the ideal moment to present, network, memorably engage  and strike deals. Fadina stressed that timing is key: “Every concert, every curated experience, every cultural home‑coming can  and should  be a conversion funnel for investment engagement.”
‎
‎Challenges and issues ahead
‎
‎While the rhetoric is compelling, the execution is operationally demanding. First, returning Nigerians must be aware of investment opportunities and trust that they are secure, transparent and viable. Without clear legal and regulatory frameworks, or credible opportunities, the shift from spending to investing may not materialise.
‎
‎Second, the enabling environment must improve: infrastructure, tourism amenities, reliable services, clear returns, and governance matter. If someone returns, spends big on partying and enjoyment, but then is asked to navigate opaque bureaucracy or faces unclear investment pathways, the incentive to shift behaviour is weak.
‎
‎Third, the narrative of Detty December as “party time” is deeply entrenched. Changing perceptions and behaviour will take marketing, cultural shifts and incentives. Some critics have argued that the inflows during December simply reflect consumption‑leisure culture and do little for structural development.
‎
‎The broader implications

If successful, ATPN’s strategy could help accelerate the growth of Nigeria’s creative economy and tourism sector. Rather than being seen only as a period of heightened party‑tourism, Detty December could become a period of high‑impact diaspora engagement  bringing not just good times but lasting assets. For host communities, this could mean new hotels, event venues, destination upgrades, and creative industry investments.
‎
‎The diaspora too stand to benefit: when the home‑coming doubles as a business‑trip, they can leverage their networks, foreign experience and capital to establish or expand ventures abroad and at home. The shift ties into global trends where diaspora groups are increasingly seen as bridges for investment, knowledge transfer and development.
‎
‎As Nigeria heads into another edition of Detty December, the ATPN’s message is clear: fun should not just be fleeting. It can be foundational. With the right mindset, channels and partnerships, the festive season can be transformed into a year‑round engine of economic growth. The question now is whether the diaspora will heed the call  and whether Nigeria’s tourism and investment infrastructure will step up to make the opportunity credible.

Share198Tweet124
Mmekili Isichei-Okafor

Mmekili Isichei-Okafor

Related Posts

Kwankwaso Accuses Kano Govt of Forcing NNPP Officials to Defect, State Denies Claim

byMmekili Isichei-Okafor
7 minutes ago
0

The leader of the Kwankwasiyya Movement and former Governor of Kano State, Senator Rabiu Musa Kwankwaso, has accused the Kano...

ADC Accuses Tinubu of $9m U.S. Image-Laundering Scheme

byCamela Obedu
16 hours ago
0

The African Democratic Congress (ADC) has strongly criticised President Bola Ahmed Tinubu’s administration over a controversial $9 million contract with...

Absence of Ex-Taraba Permanent Secretary Delays Former Governor’s Fraud Trial

byCamela Obedu
16 hours ago
0

The ongoing trial of former Taraba State Governor Darius Dickson Ishaku over an alleged ₦27 billion fraud has been stalled...

Peter Obi Speaks Out on Student Arrests Over School Safety

byBilkisu Kasim
19 hours ago
0

ADC presidential candidate Peter Obi has spoken against the arrest of students who were taken into custody after raising concerns...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.