Business
Bizman Bemoans Poor Power Supply
Insufficient power supply and high level of insecurity have been attributed to the poor growth of the hospitality industry in the country.
The proprietor of okilton Hotels, Chief Israel Ikegwuru, said this while briefing newsmen Thursday in Port Harcourt.
He reasoned that foreigners who are the major promoters of the hospitality industry are not willing to manage the level of power supplied by the power Holding Company of Nigeria (PHCN) coupled with poor security net work.
Ikegwuru, also linked part of the challenges of the industry to poor managerial acumen of some operators.
He said that the business is a huge income spinner that can transform any state or country due to the rush associated with it.
On the situation of the state-owned Olumpia and Airport Hotels, he called on the state government to revamp the hotels to also enable them address the issue of unemployment.
He reasoned that if proper attention is paid to the hospitality industry by concerned bodies, that it can, among other issues, attract foreign investors to the state.
He resealed that plans have reached advanced levels to upgrade his hotel (Okilton) to a three Star hotel states, saying that the Chinese, businessmen he met over the issue are still undecided about the prospects due to their earlier fear of poor power supply and insecurity.
The businessman told newsmen that he is rushing to bring in some investors from abroad in the oil sector who can employ up to 600 Rivers people.
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