Tuesday, June 3, 2025
The Lagos Today
  • Login
No Result
View All Result
No Result
View All Result
The Lagos Today
No Result
View All Result
Home Lagos News

LASG Distributes Palliative to Practitioners in Tourism Sector

by Eucharia Egwuma
August 6, 2020
in Lagos News
Reading Time: 3 mins read
0
0
LASG Distributes Palliative to Practitioners in Tourism Sector
Share on FacebookShare on Twitter

The State Commissioner for Tourism, Arts and Culture, Mrs. Uzamat Akinbile-Yusuf, has on Thursday distributed other palliative measures approved for practitioners in the industry to drive the growth of hospitality, tourism and entertainment businesses in the state.

This is following the announcement by the State Governor, Babajide Sanwo-Olu that the sum of N1bn was approved as seed capital for investment in the tourism sector.

The commissioner clarified some grey areas in the earlier pronouncement made by the governor on the recommendations submitted by the state COVlD-19 Pandemic Review Committee constituted to critically assess and review the negative impacts of’ the pandemic on tourism sector.

According to her, the gesture aims at providing key operators in the tourism business with soft loans to boost their capacity in driving growth and also position tourism business as a new Frontier For job creation and economic prosperity in the post-Coronavirus era.

Akinbile explained that the Ministry of Tourism, Arts and Culture would work, hand in hand with the Lagos State Employment Trust Fund (LSETF) to administer the single digit loan to practitioners that meet the criteria set by the Ministry and LSETF.

Highlighting other measures put in place to guarantee quick recovery of the tourism sector, Akinbile-Yusuf said the incentives include 50 per cent rebate for licence and renewal fees payable to the Ministry by all hospitality, tourism and entertainment establishments across the state.

Others are: “The establishment of a platform to commence working relationship with the Central Bank of Nigeria (CBN) For access to COVID-19 tourism sector Fund, a Creative Financial Initiative Fund to be made available to practitioners in the State.”

The establishment of Tourism Endowment Fund in conjunction with the Ministry of Justice, to improve the tourism and entertainment sector in the state; and training of practitioners in the creative industry through the Lagos Creative Academy amongst others.

She adds, “The Commissioner reminded practitioners in the hospitality and entertainment industry that the window of opportunity to register their establishments with the ministry is still open.

She, however, told practitioners that the relief programmes can only be accessed by registered practitioners.

She emphasised that no hospitality establishment will be allowed to operate in the state without due registration with the ministry.

While appreciating the governor for increasing the number of people allowed in social gatherings to a maximum of 50 persons, the commissioner stressed that the directive signals a gradual recovery of activities in the entertainment and creative sector.

Akinbile further pleaded with the practitioners not to abuse the privilege or misconstrue this additional easing of the lockdown as a means to open up. noting that night clubs and beaches remain closed until further directive from the state governor.

Share this:

  • Facebook
  • X

Like this:

Like Loading...
Tags: covid-19 palliativeGovLagos State GovernmentMrs. Uzamat Akinbile-Yusuf
Previous Post

LASUTH Donates Scrubs to Doctors against COVID-19

Next Post

COVID-19: Lagos records 76 confirmed new infections, with zero fatality

Eucharia Egwuma

Eucharia Egwuma

Related Posts

Nigeria Greenlights Exxon’s Onshore Asset Sale to Seplat

Nigeria Greenlights Exxon’s Onshore Asset Sale to Seplat

by Iyanu Ale
October 21, 2024
0

The Nigerian government has officially approved the sale of Exxon Mobil Corp.’s oil and gas assets to local energy firm...

French Investment Firm Boosts Loan Access For Nigerian SMEs

Nigerian Cleantech Startup Secures Funding to Scale Solar Solutions for SMEs

by Iyanu Ale
October 21, 2024
0

Earthbond, a promising cleantech startup, has successfully secured significant funding aimed at revolutionizing solar energy access for small and medium...

Next Post
COVID-19: Lagos records 76 confirmed new infections, with zero fatality

COVID-19: Lagos records 76 confirmed new infections, with zero fatality

Please login to join discussion

Recommended

EFCC detains Emefiele after release by DSS

Lagos Court Orders forfeiture of $4.7m, N830m, Other Properties Linked to Emefiele

1 year ago

Sallah: Bag your wastes properly, LAWMA appeals to Lagos residents

2 years ago

Popular News

    Connect with us

    Tags

    #EndSARS 2023 Elections 2023 polls 2023 Presidency ACCIDENT Africa All progressives Congress APC Asiwaju Bola Tinubu Babajide Sanwo-Olu CBN Central Bank of NIgeria Central Bank of Nigeria (CBN) Coronavirus pandemic Covid-19 Covid-19 in Lagos Covid-19 in Nigeria Covid-19 Vaccine Cryptocurrency Economic and Financial Crimes Commission EFCC Federal Government Federal Government of Nigeria Fraud Gov. Sanwo-Olu House of Representatives Lagos-Ibadan expressway Lagos state Lagos State Government Lagos State House of Assembly Lagos State Police command Muhammadu Buhari Murder Naira NDLEA Nigeria Nigeria Customs Service Nigerian Economy Nigeria Police Force Rape Strike action TECH UK United Kingdom US

    News

    Opinion

    © 2020 The Lagos Today - Nkali.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result

    © 2020 The Lagos Today - Nkali.

    %d