The Ministry of Business, Innovation and Technology (BIT) has gotten the mandate to oversee the hospitality outfit belonging to Kwara state government ; the Kwara Hotel.
Honourable Bode Towoju, who is the Commissioner for Communications, noted in a statement made available to Team@orientactualmags.com on Saturday that this decision was taken by the State Executive Council during its meeting on Friday.
The State Executive Council according to him has approved that the control and supervision of the Kwara Hotel should henceforth be done by the parent ministry which had been the case before coming under Harmony Holdings Ltd.
‘The interventionist decision was a step taken to save the hotel from its perennial crisis, including facility collapse and huge debts that had made it default in salary payments to its workers. Contrary to its mission statement , the government has had to pay the workers, including the bailouts released this week.
At the council meeting chaired by Governor AbdulRahman AbdulRazaq on Friday, the council approved that all assets, liabilities, structures, workers, and operations of the hotel be taken over by the BIT Ministry.
This approval followed deliberations on the memorandum presented by Mallam Ibrahim Akaje.
The Council also directed that Ministries of Finance and Planning and Economic Development should henceforth make budgetary provisions for the repositioning and rebranding of the hotel to realize the objectives of the founding fathers.
The council similarly approved that BIT Ministry should take charge of the Ilorin Cargo Terminal Limited.
The once-successful Kwara Hotel, which was established during the late Brigadier General David Bamigboye administration, was initially placed under the Ministry of Commerce and Trade, which had recently metamorphosed into BIT. It was last refurbished some 20 years ago.
The fortunes of the hotel had however nosedived over the past decade as its facilities collapsed amid mismanagement, pre-2019 debts to the tune of N500m, low revenue generation, and inability to pay staff salary’ he said- Team@orientactualmags.com
Do you have any information you wish to share with us? Do you want us to cover your event or programme? Kindly send SMS to 08059100286, 09094171980. Thank you
