Hoteliers groan, seek downward review of fuel price

Patrick Anyanwu, National President, Nigeria Hotels Association

Lagos - The Nigeria Hotel Association (NHA) has urged the Federal Government to review the price of fuel downard, following the subsidy removal.

Patrick Anyanwu, National President of NHA, said this in a telephone interview on Saturday in Lagos.

Recall that President Bola Tinubu had in his inaugural speech on May 29 stated that his administration would not continue to pay subsidy on petrol.

Following this announcement, the price of fuel skyrocketed from N185 to N488 per litre.

According to Anyanwu, this is alarming and federal government needs to promptly put measures in place that will ensure drastic reduction in fuel price.

“We support subsidy removal absolutely but the resultant effect is what we are against. We can’t continue in business with the hike in the price of fuel.

“Already, we are battling with the issue of multiple taxation, which we are still looking up to government to help us harmonise these taxes and here we are again with fuel hike.

“Our members from about 23 states have been calling me over this issue. We want President Bola Tinubu to do something on this promptly.

“We seek either total reversal of fuel price to what was obtainable before or a reduction to enable us operate well.

“Even with the previous N185 per litre, we were still trying to break even and stay in business,” he said.

Anyanwu said the development had thrown many hoteliers off balance as considerations of increasing accomodation rates was not feasible due to the fuel hike.

He said if the situation remains the same, hoteliers would have to engage in massive staff disengagement while many others would fold up their businesses.

According to him, the entire hospitality industry will be greatly affected, as there will be reduction in the quality of services being rendered in hotels.

“We want the presidency to know that there would definitely be huge loss of jobs if the price of fuel is not reviewed.

“Government must put into consideration the negative effect of this when the jobless youths engage in all forms of social vices,” he said.

Anyanwu also urged the federal government to give priority attention to the industry as it has the potential to engage a good number of youths.

Source: NAN

Comments

Access Holdings appoints Iyabo Soji-Fokusanya Executive Dir. Corporate, Investment Banking

LAGOS - Access Holdings Plc has announced the appointment of Mrs. lyabo Soji-Okusanya as Executive Director, Corporate and Investment Banking Division in its banking subsidiary, Access Bank Plc, following the approval of the Central Bank of Nigeria. This is contained in a statement signed by the Company Secretary, Sunday Ekwochi and posted on the website of the Nigerian Exchange Limited (NGX) on Friday. Mrs. Soji-Okusanya is a seasoned professional with over three decades’ experience in corporate and commercial banking, accounting, and human capital development. She has deep institutional knowledge of the Bank, having worked with the institution for about 25 years and successfully executed critical projects, including the development of several banking products. Mrs. Soji-Okusanya holds a Bachelor of Science Degree in Accounting from University of llorin and is a Fellow of both the Institute of Chartered Accountants of Nigeria, and the Chartered Institute of Ba...

Cranium aims to provide integrated, inclusive healthcare solutions

Lagos - Cranium is a Complete hospital Information management system designed to manage all aspects of a hospital operation. This customizable hospital information system is an integrated healthcare solution which includes Out Patient Department and In Patient Department Management, Pharmacy, Laboratory, Radiology, Ward Management, Mobile Application, Online Appointments Scheduling, Secured Messaging, Doctor Portal, Patient and Family Portals, Medical Electronic Billing, Accounting, HR/Payroll and HL7/Integrated PACS System The Hospital Information Management System is divided into several modules which can still be expanded based on client request. Each of the modules is designed to exhaustively meet the needs of various groups within the hospital. It has worldwide acceptable Clinical, Administrative and Financial Workflows with inputs of professionals across board. It is Health Insurance Portability and Accountability Act (HIPAA) and Nigeria Data Protection Bureau (...

Gbeleyi hails Tinubu on decentralisation of NCAT

Editor 1 LAGOS -- The Chief Executive Officer of Agil Travels and Tourism, Mr Ayo Gbeleyi has hailed President Bola Tinubu's move to decentralise the Nigerian College of Aviation Technology (NCAT). According to Gbeleyi, the move will transform the country's Aviation sector by increasing access to quality training across Nigeria’s six geo-political zones. Recall that Tinubu had on January 8, announced the splitting of the Nigerian College of Aviation Technology, Zaria, Kaduna State, into six campuses across the country’s geo-political zones. Emphasising the importance of appointing individuals with relevant sector experience to leadership positions, rather than based on appointments, Gbeleyi said decentralising the college was a step in the right direction. He commended the establishment of a campus in Akure, Ondo State, as a brilliant move to spread development to other parts of the country. He expressed optimism about the decentralization, stating it will equip Nigerians with...

AlatNews

Search This Blog