The Imo State hospitality sector will be raking in millions of naira as the National Council for Finance and Economic Development (NACOFED) team sets to storm Owerri, the capital city, for conference.
About 300 visitors, who are expected at the national economic meeting, the first-of-its-kind in the South-East geopolitical zone, will seek accommodations in some of the top-rated hotels in Owerri.
According to Chuck Chukuemeka, Commissioner for Finance and Coordinating Economy, Imo State, who briefed journalists in his office at the Government House, Owerri, the NACOFED meeting, which is expected to last for four days will scale up activities in the hotel and hospitality sector.
This he stated will increase the revenue of the hospitality sector as well as the internally generated revenue (IGR) of the state. The meeting would focus primarily on ways to strengthen the nation’s struggling economy for envisioned positive effects to the states.
This, he said, is in line with the theme of the conference, which is “Strengthening Fiscal Federalism For Sustainable Revenue Generation, Equitable Allocation And Economic Reliance In A Volatile Global Economy”.
The conference, which will be chaired by Adebayo Olawale Edun, Minister of Finance and Coordinating Economy, will kick off next week at the Chief Emmanuel Iwuanyanwu International Convention Centre (EIICC), Owerri.
According to him, apart from Edun, other expected dignitaries include; the Accountant General of the Federation, chairman of Revenue Mobilisation Allocation and Fiscal Commission (RMFAC), chairman of Nigerian Revenue Service (NRS), Accountant Generals from the 36 states, the major directors of the revenue generating agencies, like the Central Bank of Nigeria, CBN, Customs Service, NNPC, among others.
The conference, which would be declared open by Governor Hope Uzodinma, according to him, would not only boost the economy of the state, but also attract enormous revenue to the state’s hospitality sector as a result of the influx of visitors and sundry guests for hotel accommodation.
“We are expecting at least 300 visitors who will seek hotel accommodation in our state and this will surely boost our economy,” he stated.
Comments
Start the conversation about this story.