Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Hospitality & Travel

Abuja Municipal Area Council will commence sealing off defaulting hotels on March 13th 

William UkpebyWilliam Ukpe
2 weeks ago
in Hospitality & Travel, Industries
AMAC says it commence sealing of defaulting Hotels in Abuja on March 13th 
Share on FacebookShare on TwitterShare on Linkedin

The Abuja Municipal Area Council (AMAC) has warned that it will commence sealing defaulting hotels in Nigeria’s Federal Capital from the 13th of March. 

This was disclosed in a statement by Mr Christopher Maikalangu, the Chairman of Abuja Municipal Area Council (AMAC) on Wednesday, as reported by the News Agency of Nigeria.

The AMAC Chief explained that they have followed due diligence by serving defaulting hoteliers 14 days demand notice. 

Warning to defaulters: According to Mr Maikalangu, defaulting hoteliers have been warned to pay their revenues or have their sealed. Part of the statement read: 

  • “AMAC had followed the law accordingly by serving the defaulting hoteliers 14 days demand notice. 
  • “ A meeting with the Association of Hoteliers in the area council had also been held to discuss the importance of paying their revenue. 
  • “Revenue generated by the council had always been used to provide transformers as well as other facilities to residents of the area council. 

AMAC noted that its taskforce would commence of sealing the hotels of defaulters from March 13, urging hoteliers to pay their dues to the appropriate account visit the area council offices for more information. 

In case you missed it: Nairametrics recently reported that Transcorp Hotels Plc, the largest hotelier in Abuja and  the hospitality subsidiary of Transcorp Group, has reported its financial results for full year 2022.

The company reported a profit before tax (PBT) of N4.5 billion, a 172 percent increase year-on-year, having ended 2021 with a PBT of N1.7 billion. It also reported a 47 percent growth in revenue to N31.4 billion in 2022 from N21.4 billion the previous year, and a N2.6 billion profit after tax. 

Related

Tags: Abuja Municipal Area CouncilMr Christopher Maikalangu

Leave a Reply Cancel reply

fidelity banner
Press one
Mega Millions
SME
hfm
HFM
Patricia





NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • CBN denies suspending accounts of OPAY, PALMPAY, says its fake news 
  • The stock market closes negative as investors lose N17 billion
  • UK-Nigeria Tech Hub partners Google to award $3 million cloud credit to women founders

Follow us on social media:

Recent News

CBN denies suspending accounts of Fintech firms, OPAY, PALMPAY, says its fake news

CBN denies suspending accounts of OPAY, PALMPAY, says its fake news 

March 24, 2023
The stock market closes negative as investors lose N17 billion

The stock market closes negative as investors lose N17 billion

March 24, 2023
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Lifestyle
  • Opinions
  • 2023 Elections

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections

© 2023 Nairametrics

error: Alert: Content selection is disabled!!