Institute to govt: roll out N30b stimulus

By Kelvin Osa-Okunbor

The Institute for Tourism Professionals of Nigeria (ITPN) has urged the Federal Government to give attention to the tourism industry by introducing a N30 billion stimulus for the sector.

Besides, the institute said the government should make available other  palliatives  and  intervention  initiatives, including a financial intervention of N15.5 billion for job losses, pay cuts, sustainable professional competency training for members across the country to mitigate the effects suffered by players in the travel related sectors on account of   COVID -19 global pandemic.

Its National President, Chief Abiodun Odusanwo, said the tourism sector was  hardest hit by COVID-19 because of the restriction on movement of people and services.

In an interview in Lagos, he said  activities were  hampered because of  restrictions placed on the movement of people and lockdown of most parts of the country.

Chief Odusanwo listed areas of intervention required to include grant of moratorium for bank facilities granted operators in the travel-hospitality, tourism sub-sectors for not less than six months.

He proposed  a tax free regime in the first and second quarters of the year as part of post-COVID-19 intervention.

He canvassed the promotion of domestic tourism as a strategy to boost inbound tourism due to impending dwindling fortunes of international travel bans and restrictions.

For  transparency and inclusiveness, the ITPN chief said it  members should participate in the intervention measures and fund disbursement processes.

He said  the Institute is readily disposed to galvanize the inputs of all sub-sectorial key players and critical stakeholders in terms of figures and statistical data for a holistic inclusion of all to benefit from the intervention and palliative measures.

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