Nigerians have entered record books as one of the most serious spenders on British soil. The nation has impacted seriously on both high street spendings and Hotel accommodation lodging records on the Queen’s land..
Make no mistakes, not the resident citizens, but holiday makers who shop with derision and are currently heading towards beating China as no1 serious shopper-holics in the record books of Britain’s top foreign shoppers.
Also standing soldier high as an high spending country is Brazil, another Nigerian associate in oil pumping to the outside world.
“Brazilians and Nigerians are set to rival the Chinese for top place as the most serious shoppers on Britain’s high streets2, writes the Independence on Sunday adding that tourists from both countries are helping to fill the gap left by the fall in Britons’ spending.
According to the report, Nigerians spending has increased in the past year by 100% while Brazil has pumped up her spending in Britain with about 92%, more in February compared with the same month last year, according to tourism shopping and spending experts Global Blue.
This is the first time that Brazil has reached the top 10 of the big spending countries the company said.
“Both countries are big oil producers. Brazil is one of the fastest growing countries in the world and part of the so-called Bric group of emerging markets – which includes Russia, India and China – thanks to its oil riches and other commodities such as sugar and gold”, writes Laura Chesters of Independence on Sunday.
Nigeria, Africa’s top oil producer, also has a vast industry which continues to fuel a large, wealthy elite.
The news of the rise of the high-spending, equatorial tourist shopper follows the latest report from Hotels.com of an upswing in the return of business travel. It found that business travellers are boosting the hotel sector – contributing to the 2 per cent rise in the average price of a hotel night which is the first year-on-year increase since 2007.