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Hotel Owners Reduce Rates To Woo Customers

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Some hotel owners in
Abuja on Monday said they had slashed their service rates to attract more customers as a strategy to combat low patronage.
The hotel owners, who made this known in an interview with newsmen said that the move was in view of the recent low patronage they were experiencing.
Miss Miracle Newman, acting Operation Manager, Bolingo Hotel said that low patronage was a big problem facing the sector, adding that it must be dealt with strategically.
“This year, the management of this hotel has agreed that we review the rates of our rooms and facilities to a reasonable amount that can attract more customers.
“This progress will also give us the chance to record good profit.
“We are exploring new policies to make sure that our daily operations run smoothly and to satisfy our customers, this has made us to review of our rates.
“We also put in latest security measures to make sure that all our guests are treated fine without any form of hitch,’’ she said.
Mr Barry Curran, a staff of Sheraton hotels said that the standards of the hotel across the nation were set to be improved on this year.
He said that the hotel was improving its facilities including the ICT rooms, the swimming pools and the rooms to attract more patronage.
“It is fair to say that the primary goal of almost every operator of a hotel is to make as big a profit as possible. To achieve such a goal the focus needs to be on both revenues and costs.
“Hotels can boost their bottom line by increasing revenues or decreasing costs, we are working towards achieving better goals in the cause of the year,’’ he said.
The Managing Director, Peniel Hotel, Abuja, Mrs Oluwatoyin Adedoyin said that the major priority of the group was to ensure the best and affordable accommodations to its customers.
“One of our major goals is to not only  increase our income but also to expand more and create more job opportunities for people.
“We want to be as friendly as ever, we guarantee our customers, the best and affordable accommodations,’’ Adedoyin said.
The Head of Sales, Ibro Ground Hotel, Mr Gabriel Adoba, said that the hotel was giving its best to ensure that its staff and guests “are happy’’.
“Any good hotel operators should be able to give your guests a reason to choose your hotel over other hotels.
“That is exactly what we are working on achieving, guests satisfaction and increase our sales level.
“We want to be the most preferred and to boost our income, you can differentiate your hotel from your competitors on the basis of price, policy and service,’’ he said.
Mr Adesola Ibidapo, a guest in one of the hotels, said that he visited the hotel due to an online advert  that displayed its prices.
“I realised that the hotel is offering a reasonable price, I got a coupon from the internet and when I got to this place I realised that they actually changed their prices,’’ he said.
Mrs Doren Akpan, a travel agent, said that most of her clients visited Abuja more frequently between December 2015 and January due to low rates of the hotels.
“Most hotels in  Abuja are trying to reduce their service rates; I think this is encouraging and good because it can help to grow the tourism sector.
“Hotels play  more important role in redeeming the image of the country and boosting the economy, adding that  a rate will give room for competitiveness.
“We have advocated for the hotel operators to be more friendly, we can see that coming to play with the introduction of low rates and adverts,’’ she said.
Mr Joseph Ochimana, a lawyer said that it was important for hotel operators to ensure that tourists and guests got value for their money at all times.
“Whether your guests are just staying for one night or more, you should always do your best to make them feel at home.
“It is our pride as Nigerians to see that businesses are growing.
“I am happy that the tourism sector is placing high quality priority on tourists, especially on the lower rates the hotels are offering to get people attracted to the sector,’’ Ochimana said.

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Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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