NIPCO Plc has introduced the acquisition of a majority stake in Capital Inns Plc(CHP), house owners of the Abuja Sheraton Lodge.
The deal, which was sealed by 22 Hospitality Restricted, a completely owned subsidiary of NIPCO Plc, is a part of the concerted efforts of the built-in downstream operator to diversify into the nation’s hospitality trade.
A press release by NIPCO’s Assistant Basic Supervisor, Company Affairs, Mr Taofeek Lawal, which quoted the Group Govt Director, Alhaji Aminu Abdulkadir, acknowledged that the brand new buyers are actually desirous to revive the resort to its former glory and to reposition it because the first-choice luxurious resort in Abuja.
The resort is presently managed by Starwood/Marriott underneath numerous system license Agreements with CHP.
Up to now, Starwood had acknowledged in numerous experiences that the resort was “in a really degraded state and would require arduous renovations” to make it model compliant. Nonetheless, regardless of the resort’s poor situation and non-compliance with its model requirements, Marriot/Starwood has continued to handle the Sheraton Abuja Lodge which is now in a dilapidated and deplorable state.
The assertion added that the brand new buyers are eager to show across the fortunes of the resort via the injection of considerable new capital underneath sure preconditions.
The brand new buyers equally disclosed dedication to manpower improvement within the hospitality trade, saying it was eager to ascertain a ‘Hospitality Academy’ in Nigeria in collaboration with the federal authorities to coach the Nigerian youths within the numerous hospitality talent units.
This initiative, the corporate mentioned, is borne out of the present world scarcity of educated and skilled hospitality manpower.
”Certainly, the statistics present that there are presently a couple of million job vacancies in housekeeping, waiters, cooks, safety, IT and upkeep,” the assertion learn.
The CHP Hospitality Academy won’t solely practice Nigerians for native employment however will even equip them with the requisite experience to hunt abroad placements to fill the massive quantity of vacancies in different elements of the world, thereby turning into a veritable recourse within the quest to abate unemployment in Nigeria.
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