Converseer
No Result
View All Result
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
    • Business
    • Education
    • Entertainment
    • Lifestyle
    • Science & Nature
    • Tourism
  • Trends
PRICING
SUBSCRIBE
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
    • Business
    • Education
    • Entertainment
    • Lifestyle
    • Science & Nature
    • Tourism
  • Trends
No Result
View All Result
Converseer
No Result
View All Result
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
  • Trends

Home » Business » C/River Govt Gives Reasons for N50m Grants to Hoteliers

C/River Govt Gives Reasons for N50m Grants to Hoteliers

December 19, 2024
in Business, Economy, Entertainment, News, Politics
Reading Time: 2 mins read
C/River Govt Gives Reasons for N50m Grants to Hoteliers

IMG 20241219 133858 817@979138078 C/River Govt Gives Reasons for N50m Grants to Hoteliers

By Magnus Effiong

The government of Cross River State has explained why it has so far given out about N50 millions as grants to hoteliers and restaurant operators in the State.

PillarToday reports that in a Tourism Award event held at the Monty Suit, Calabar, Thursday, 20 hoteliers were given N1million each while each of the 14 restaurant operators who attended the event got N500,000. Reports say, that was the third time the Calabar-based administration was giving out grants to the hospitality sector.

Speaking, the Special Adviser to Governor Otu on General Duties, Barr Ekpenyong Akiba said “This gesture is one of the deliberate policies of the administration of His Excellency Governor Bassey Otu aimed at encouraging this set of our people to upgrade their services due to the fact that tourism, which is also an employer of labour, is growing bigger in Cross River State.

“The industry has a lot of opportunities and helps in creating jobs, enhance our culture, values and even development. In terms of revenue generation, it is also up there. We cannot allow such sector to dwindle due to paucity of funds for maintenance of facilities.

“The token given out is to encourage and prepare our hospitality sector to be ready to host the world with top notch facilities. Cross River must be ready to withstand developmental pressure,” he stated.

Also speaking, the Managing Director of the State Tourism Bureau, Mr Ekpenyong Ojoi, said between last year and now, the State government has so far given out about 50 million Naira to hoteliers and restaurants operators.

“”By the time His Excellency completes his eight years in office, he would have injected nothing less than N300m as grants into the hospitality sector This is so because every year, he is injecting about N5O million,” he stated.

He charged hoteliers to reciprocate the gesture by upgrading facilities and giving visitors quality service, adding that by doing so fun lovers would always return to the state as a tourism destination.

On the conditions to meet before one could benefit from the grant, Mr Ojoi said “the hotel must meet basic standard, must register with the State Tourism Bureau and also register with Hotels Association in the State to become beneficiaries.”

Chairman of the Hotels Association, Charles Ogar, in his goodwill message, described the gesture as unprecedented. He restated the resolve of his colleagues to render service to the delight of fun lovers, tourists and all those who would visit Calabar for the forthcoming Carnival Calabar and other events in the State.

Tags: GrantsHoteliersRestaurant operators

RelatedNews

82nd BON Assembly Opens in Calabar as Chairman Hails Otu’s Peace, Devt Strides, Demands Media Rescue
News

82nd BON Assembly Opens in Calabar as Chairman Hails Otu’s Peace, Devt Strides, Demands Media Rescue

October 10, 2026
Ogoja Foods: Santuscom Seals N5bn Partnership Deal with UK Firm to Drive Export Expansion
Business

Ogoja Foods: Santuscom Seals N5bn Partnership Deal with UK Firm to Drive Export Expansion

October 5, 2026
C’River Northern Stakeholders Validate Otu’s Second-Term Bid, Seek Bloc Votes for Tinubu
Politics

C’River Northern Stakeholders Validate Otu’s Second-Term Bid, Seek Bloc Votes for Tinubu

October 4, 2026
News

BREAKING: DSS Counsel Denies In Open Court Widely Reported Plan To Pause Sowore’s Trial Until After 2027 Election

October 1, 2026
News

Court orders Wike’s son to produce passport in alleged $2.1m fraud case

October 1, 2026
News

Citizens Must Take Elections, Nation-Building Seriously—Otti

October 1, 2026
Next Post

OnexPlayer G1 Mini Gaming Laptop Equipped With AMD Ryzen AI 9 HX 370 Processor

CNN's Jim Acosta and Brian Stelter Clash After Elon Musk Shutdown Funding Bill on X

Latest News

Arsenal v. Leeds

Arsenal v. Leeds

October 10, 2026
82nd BON Assembly Opens in Calabar as Chairman Hails Otu’s Peace, Devt Strides, Demands Media Rescue

82nd BON Assembly Opens in Calabar as Chairman Hails Otu’s Peace, Devt Strides, Demands Media Rescue

October 10, 2026
PROWPMAN Restores 200 Hectares of Forest in Cross River, Targets 2 Million Seedlings

PROWPMAN Restores 200 Hectares of Forest in Cross River, Targets 2 Million Seedlings

October 10, 2026
West Ham United vs QPR (Queens Park Rangers) | EFL Championship

West Ham United vs QPR (Queens Park Rangers) | EFL Championship

October 10, 2026
Malaga vs Espanyol | La Liga

Malaga vs Espanyol | La Liga

October 10, 2026

Topics

  • Latest News
  • Nigeria
  • Africa
  • Europe
  • Asia
  • Americas
  • United States

Social Media

  • WhatsApp
  • Facebook
  • X (Twitter)
  • YouTube
  • LinkedIn

Special Topics

  • Column
  • Bassey Otu
  • Bola Tinubu
  • Special Reports
  • Profile & Biography
  • Opinion
  • Latest News
  • About
  • Advertise
  • Contact
  • Daily Newsletter
  • Privacy Policy
  • Terms Of Use
  • Write For Us

© 2026 Converseer.

No Result
View All Result
  • About
  • Advertise
  • Contact
  • Daily Newsletter
  • Privacy Policy
  • Terms Of Use
  • Write For Us

© 2026 Converseer.