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Home Sectors Hospitality & Travel

Tourism operators call for bail out fund from FG

Abiola Odutola by Abiola Odutola
September 8, 2021
in Hospitality & Travel
Tourism operators call for bail out fund from FG
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The Federation of Tourism Associations of Nigeria (FTAN) has called on the Federal Government to assist business owners in the tourism industry with funds to reduce the impact of the COVID-19 pandemic.

The request was made by Nkereuwem Onung, National President of FTAN, in an exclusive interview with the News Agency of Nigeria (NAN) on Tuesday.

According to him, business owners in the sector were in need of ‘serious assistance’ from the government for their businesses to recover, considering the state of their financial losses.

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Onung added that assisting them with funds would help to revive their businesses, as their businesses must be alive before people can work there.

He said, ”The impact on tourism business owners has made most of Nigeria’s hospitality and tourism businesses fall into the category of Micro and Small businesses. As such, they will require external financial support to ride out the effects of COVID-19 on their businesses.

“While we are training skilled manpower to cover the gap created by the pandemic, we are asking government to please attend to the problems of the owners of businesses in the tourism and hospitality industry.

“The impact of COVID-19 on the industry cannot be overemphasised, thank God we are now getting to bring back the skills required.

“Beyond bringing back the skills, there has to be businesses for people to work. We are asking that those in the industry that have suffered unduly, due to the pandemic, should be assisted by the government, so that the flow will be complete.”

What you should know

  • The African Development Bank (AfDB) disclosed that  5 million out of Africa’s 7 million aviation and tourism industry-related jobs have been lost in 2020.
  • Segun Runsewe, the Director-General, National Council for Arts and Culture (NCAC) also stated that the Covid-19 restrictions heavily impacted on the recreational and hospitality businesses, which resulted in job losses.
Tags: Federation of Tourism Associations of NigeriaFTAN
Abiola Odutola

Abiola Odutola

For further inquiries about this article, contact: Email: abiola.odutola@nairametrics.com Twitter: @AbiolaOdutola @nairametrics

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